Award

Provision of Consultancy for Financial Assurance

HM TREASURY : HM TREASURY

This public procurement record has 1 release in its history.

Award

07 Jan 2020 at 08:30

Award Notice
Summary of the contracting process

The procurement process involves HM Treasury, based in Liverpool, which has completed a tender titled "Provision of Consultancy for Financial Assurance". This contract falls under the financial consultancy services category (CPV code 66171000) and has a total value of £90,000. The procurement method used was selective, with the contract period running from 24 October 2019 to 27 April 2020. The tender was published on 7 January 2020, following a deadline for submissions on 23 October 2019. The consultancy services relate to financial assurance in the context of EU Exit and subsequent payments to and from the EU.

This tender presents significant opportunities for large consultancy firms specialised in financial advisory services, particularly those with experience in addressing post-Brexit financial implications. The successful bidder, Veracity OSI UK Limited, indicates that competitive entities should possess strong expertise in EU regulations and financial compliance to effectively contend for similar future contracts. Businesses that are well-versed in financial consultancy, especially in relation to trade and cross-border payments, would be ideally positioned to pursue upcoming opportunities arising from such procurement processes.

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Notice Information

Notice Title

Provision of Consultancy for Financial Assurance

Notice Description

Provision of consultancy for financial assurance relating to EU Exit and payments to and from the EU post Brexit

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe702738-1bb2-4d3e-976d-48437485264f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ebc86d32-3495-4a8c-8122-b3f30e71ce10
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jan 20206 years ago
Submission Deadline
23 Oct 2019Expired
Future Notice Date
Not specified
Award Date
22 Oct 20196 years ago
Contract Period
23 Oct 2019 - 27 Apr 2020 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HM TREASURY : HM TREASURY
Contact Name
Crown Commercial Service on behalf of HM Treasury : HM Treasury
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLI London
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

VERACITY OSI

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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