Award

A465 S5 and 6 Financial Advisors (PWC)

LLYWODRAETH CYMRU / WELSH GOVERNMENT

This public procurement record has 1 release in its history.

Award

16 Jan 2025 at 13:56

Summary of the contracting process

This public procurement contracting process is overseen by the Welsh Government for the provision of financial and insurance services. The project, titled "A465 S5 and 6 Financial Advisors (PWC)," falls under the industry category of financial and insurance services (CPV code 66000000) and is located in the UK region. This process has reached the award stage, with a contract signed on 01 November 2024 and concluding on 10 November 2029. Notably, PricewaterhouseCoopers (PWC) has been awarded this contract to provide financial advice and modelling related to the A465 Sections 5 and 6 MIM Contract, ensuring ongoing compliance with Office for National Statistics criteria and delivering annual service payments over the next 30 years.

This tender creates substantial opportunities for business growth, particularly for financial consultancy firms and those specialising in banking and investment services. Due to the nature of the contract, which includes tasks such as financial modelling, dispute resolution, and valuation assessments, companies with extensive experience in large-scale financial projects and historical data analysis will be well-suited to compete. Furthermore, this contract underscores the Welsh Government's commitment to leveraging expert financial support for critical infrastructure projects, benefiting firms with robust capabilities in financial consultancy and transaction processing.

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Notice Title

A465 S5 and 6 Financial Advisors (PWC)

Notice Description

Provision of financial advice and modelling

Lot Information

Lot 1

PWC will Assist in relation to ongoing dispute commercial points relating to the A465 Sections 5&6 MIM Contract (the Contract) PWC will assist with the A465 Sections 5&6 MIM Contract in relation to Office for National Statistics (ONS) to meet the criteria to achieve an "off balance sheet". PWC also assist with the Annual service payments over the next 30 years which has been modelled by them and will be used in the future. Provision of financial modelling Permit to use / sign of hand over valuation per phase completion of construction Additional information: The contract start date is 01/11/2024 and the end date 10/11/2029.

Procurement Information

The supplier holds historic and current financial modelling information required for delivery of the services.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04d096
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001509-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated without publication of a contract notice
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66100000 - Banking and investment services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£200,000 £100K-£500K

Notice Dates

Publication Date
16 Jan 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Nov 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LLYWODRAETH CYMRU / WELSH GOVERNMENT
Contact Name
Corporate Procurement Services
Contact Email
cpsprocurementadvice@gov.wales
Contact Phone
+44 3000257095

Buyer Location

Locality
CAERDYDD / CARDIFF
Postcode
CF10 3NQ
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL Wales

Local Authority
Cardiff
Electoral Ward
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS

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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