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Financial Control Process Review

DUDLEY MBC

This public procurement record has 1 release in its history.

Award

30 May 2024 at 15:45

Award Notice
Summary of the contracting process

The Dudley Metropolitan Borough Council has awarded a contract for a Financial Control Process Review to CIPFA C.Co Ltd. The procurement process focused on financial auditing services within the services category. The review includes phases related to governance, financial management, and financial resilience to comply with DLUHC requirements. The contract involves potential additional works, subject to funding availability. The procurement method was a limited award procedure without prior publication of a call for competition.

This tender presents an opportunity for businesses providing financial auditing services to engage with the Dudley Metropolitan Borough Council. Companies with expertise in financial management and governance reviews would be well-suited to compete. The location for most of the work is remote, with occasional on-site presence required in Dudley. Interested parties can explore potential business growth through the additional works and services outlined in the contract, subject to contract variation thresholds and funding availability.

How relevant is this notice?

Notice Information

Notice Title

Financial Control Process Review

Notice Description

To undertake a full:- * Phase 1 - Governance Review - Review the overall operation of the Council to assess its effectiveness and recommend improvements. Includes both formal operation principles as well as the informal ways that decisions are made * Phase 1 - FM Model Review - Review financial management, systems, and capacity, capabilities and competencies of all to manage budgets and recommend improvements * Phase 1a - Financial Resilience Review - Review grip on spend, delivery models, deliverability of savings plan and other elements of sustainability and recommend improvements All of the above is to comply with DLUHC requirements for FM modelling and financial resilience.

Lot Information

Lot 1

To undertake a full:- * Phase 1 - Governance Review - Review the overall operation of the Council to assess its effectiveness and recommend improvements. Includes both formal operation principles as well as the informal ways that decisions are made * Phase 1 - FM Model Review - Review financial management, systems, and capacity, capabilities and competencies of all to manage budgets and recommend improvements * Phase 1a - Financial Resilience Review - Review grip on spend, delivery models, deliverability of savings plan and other elements of sustainability and recommend improvements All of the above is to comply with DLUHC requirements for FM modelling and financial resilience.

Options: Potential Additional Works Should Additional Funding Be Secured by Dudley Metropolitan Borough Council and Phase 2 & Phase 3 works not exceeding permitted contract variation thresholds:- * Phase 2 - Deep dive review of individual service areas - This is subject to Dudley Metropolitan Borough Council securing necessary funding to undertake this work and providing CIPFA C.CO Ltd with a specification. * Phase 3 - Financial management improvement - This is subject to Dudley Metropolitan Borough Council securing necessary funding to undertake this work and providing CIPFA C.CO Ltd with a specification. Optional Services required Phase 2 and Phase 3 works summarised above. Subject to value of these works (not exceeding the permitted contract variation threshold) and securing additional necessary funding, Dudley Metropolitan Borough Council will explore the option to request these works from CIPFA C.CO Ltd under a contract variation.

Procurement Information

DMBC undertook the direct award route to CIPFA C.co as the FM model and DLUHC style Resilience review is specific to CIPFA and not offered by anyone else in the market.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-046c78
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016922-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Apr 20242 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DUDLEY MBC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DUDLEY
Postcode
DY1 9TD
Postcode Area
Dudley
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG36 Dudley
Delivery Location
TLG36 Dudley
Local Authority
Dudley
Electoral Ward
St. James's
Westminster Constituency
Dudley

Supplier Information

Number of Suppliers
1
Supplier Name

CIPFA C.Co Ltd

Further Information

Open Contracting Data Standard (OCDS)

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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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