Award

Consultancy to Develop Decision Frameworks - Award Notice

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 1 release in its history.

Award

14 Feb 2025 at 14:25

Award Notice
Summary of the contracting process

The Financial Ombudsman Service, based in London at Exchange Tower, has completed the procurement process for a consultancy contract to develop decision frameworks, which falls under the "Research and development consultancy services" industry category (CPV code 73200000). This award notice indicates the project's completion status, with a contract value of £178,250. The procurement method used was a competitive quotation (below threshold), and the tendering period concluded on 26 November 2024. The contract started on 13 January 2025 and is set to end on 21 February 2025.

This consultancy contract presents substantial business growth opportunities, particularly for businesses specialising in research and development consultancy services. The project was awarded to Oaklin Limited, a large-scale company. The procurement method suggests that Small and Medium-sized Enterprises (SMEs) were considered, although Voluntary, Community, and Social Enterprises (VCSEs) were not prioritised. Companies with the expertise to develop decision frameworks and similar projects would be well-suited to compete in such tender processes in the future.

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Notice Information

Notice Title

Consultancy to Develop Decision Frameworks - Award Notice

Notice Description

Award notice of a contract for consultancy to develop decision frameworks.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ffaf5115-b77e-4d36-ae33-e8f830883ba3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/668c7aeb-5827-47c4-afea-c4fdfebb0304
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£178,250 £100K-£500K
Lots Value
Not specified
Awards Value
£178,250 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20251 years ago
Submission Deadline
26 Nov 2024Expired
Future Notice Date
Not specified
Award Date
17 Dec 20241 years ago
Contract Period
13 Jan 2025 - 21 Feb 2025 1-6 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
FINANCIAL OMBUDSMAN SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

OAKLIN

Further Information

Notice Documents

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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