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DfE - Provision of Insolvency Services

The Department For the Economy

This public procurement record has 1 release in its history.

Tender

18 Sep 2024 at 08:54

Tender Notice
Summary of the contracting process

The Department for the Economy (DfE) in Belfast, UK, has initiated a tender for the provision of insolvency services. This procurement process is classified under the industry category of financial management consultancy services (CPV code 79412000). The open tender was published on 18th September 2024, and the tendering process ends on 21st October 2024, with the bid opening scheduled for the same day at 3:30 PM BST. The contract, valued at approximately GBP 300,000, is expected to last for four years with a potential for renewal. This procurement effort is in line with achieving the government's broader social, economic, and environmental objectives.

This tender presents significant opportunities for businesses specializing in financial management, accounting, auditing, and general management consultancy services. Companies with a strong track record in delivering insolvency services will find this contract particularly suitable. Given the potential contract value and the stringent performance monitoring mechanisms outlined, businesses capable of maintaining high standards of contract performance and compliance with the Northern Ireland Procurement Policy stand to benefit. Smaller consultancies and firms looking to expand their public-sector portfolio are encouraged to participate, provided they meet the economic and technical criteria specified in the tender documentation.

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Notice Information

Notice Title

DfE - Provision of Insolvency Services

Notice Description

DfE - Provision of Insolvency Services

Lot Information

Lot 1

DfE - Provision of Insolvency Services. Additional information: TThe figure indicated in Section II 1.5 represents an estimated contract value. This value reflects the potential scale of the contract. This figure does not however take into account the application of indexation or increases to charges due to increases in the Real Living Wage. Neither CPD nor the Authority can provide any guarantee as to the level of business under this contract. The Contracting Authority does not bind itself to accept the lowest or any tender. Economic Operators remain responsible for all costs and expenses incurred by them or by any third party acting under instructions from the Economic Operator in connection with taking part in this procurement process regardless of whether such costs arise as a consequence, directly or indirectly of any amendments made to the procurement documents by the Contracting Authority at any time. No legally binding contract shall arise (and an Economic Operator shall. have no legitimate expectation that a contract will be entered into) until such time as entry into the Contract has been confirmed by the. Contracting Authority. Economic Operators should note that all dates, time periods and figures in relation to values and volumes specified. in this notice and the procurement documents are approximate only and the Contracting Authority reserves the right to change any or all of them.

Renewal: The Contract will commence on award date and will remain in place for 4 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-049bbb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029776-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79210000 - Accounting and auditing services

79411000 - General management consultancy services

79412000 - Financial management consultancy services

79420000 - Management-related services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
£300,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Sep 20241 years ago
Submission Deadline
21 Oct 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
This contract is recurrent every 4 years

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Department For the Economy
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLN Northern Ireland
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

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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