Award

GMTS Finance Specialism Education Provision

NHS ENGLAND

This public procurement record has 3 releases in its history.

Award

13 Sep 2024 at 12:25

TenderUpdate

15 Mar 2024 at 15:28

Tender

19 Feb 2024 at 15:09

Summary of the contracting process

NHS England has completed the procurement process for the "GMTS Finance Specialism Education Provision" contract, using an open procedure to secure a new supplier. This contract focuses on delivering professional finance education services under the Graduate Management Training Scheme (GMTS), with a substantial budget of £3,024,000. The procurement covered services categorised under "Education and training services" (CPV code: 80000000) and will span six cohorts, each up to 30 months, starting in September 2024. The contract has been awarded to CIPFA Business Ltd, located in London. The procurement was conducted openly, with NHS England managing the process from its Leeds-based offices, following legal frameworks and procurement regulations. The contract was signed on 6th September 2024, marking the start of the partnership aimed at enhancing stability and efficiency in professional finance education within the GMTS scheme.

This tender presents significant growth opportunities for businesses specialising in education and training services, particularly those with competencies in finance education. The contract's long-term nature, spanning up to six cohorts over several years, ensures recurring revenue and a platform for building lasting relationships with the health sector. Firms equipped with the capability to deliver comprehensive, high-quality finance educational content, and those looking to establish or expand their presence in the public sector, would find this opportunity particularly appealing. Competing for this sort of contract not only provides substantial financial benefits but also enhances a company's profile and credibility within the industry, fostering further business opportunities and collaborations.

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Notice Title

GMTS Finance Specialism Education Provision

Notice Description

Provision of Professional Finance Education

Lot Information

Lot 1

the provision of professional education subject matter in respect of this specialism as part of the overall Graduate Management Training Scheme (GMTS) offering. We are suggesting a term of up to 6 cohorts, with cohorts spanning up to 30 months*, commencing in the September of each financial year. The first cohort that this procurement would cover would be that starting September 2024. We hope that by securing a longer term with a new provider will allow the scheme stability in provision of this specialism. This pays into efficiencies around marketing and attraction to this particular specialism of the scheme going forward, and forging lasting relationships with incumbent suppliers to the scheme.

Options: Option to extend for up to 36 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-043b34
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029399-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£3,024,000 £1M-£10M
Lots Value
£3,024,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£3,024,000 £1M-£10M

Notice Dates

Publication Date
13 Sep 20241 years ago
Submission Deadline
21 Mar 2024Expired
Future Notice Date
Not specified
Award Date
5 Sep 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NHS ENGLAND
Contact Name
Russell Greenwood
Contact Email
england.commercialqueries@nhs.net, russell.greenwood@nhs.net
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS2 7UE
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

CIPFA BUSINESS

Open Contracting Data Standard (OCDS)

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