Award

Due Diligence Reports Framework

NATURAL HISTORY MUSEUM

This public procurement record has 2 releases in its history.

Award

22 Jul 2025 at 11:06

Tender

21 Feb 2025 at 16:05

Summary of the contracting process

The procurement process for the "Due Diligence Reports Framework" was conducted by the Natural History Museum, a non-departmental public body based in London, sponsored by the Department for Digital, Culture, Media and Sport. Classified under the industry category of Financial Consultancy Services, this process has now reached the awarding stage, following an open procedure method. The contract, valued at £240,000, was signed on 23rd June 2025, and will last for an initial period of two years with options for extension. The framework aims to provide due diligence reports specifically for the area of Inner London – West, covering services sought from multiple providers under a framework agreement.

This tender represents a growth opportunity for businesses specialising in financial consultancy and investigative services. Given that the Natural History Museum has awarded places on this framework to several small and medium-sized enterprises (SMEs), it underscores the suitability and potential competitive advantage for SMEs in delivering specialized due diligence services. The selection criteria, which focused significantly on quality and social value, provide additional dimensions through which businesses can differentiate themselves. With a well-defined procurement method, this framework offers a structured opportunity for service providers looking to strengthen their credentials and expand their market presence in public sector contracts.

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Notice Title

Due Diligence Reports Framework

Notice Description

Framework for providers to supply due diligence reports on third parties.

Lot Information

Lot 1

*This is a contract award notice*. NHM is undertaking a procurement process to identify and appoint several Service Providers to a framework to supply due diligence reports on third parties. Additional information: Please note that we have awarded 5 independent suppliers a place on the framework and have not awarded to a consortium.

Options: The framework is for an initial period of 2 years with the option to extend for an additional 2 years (in one year increments)

Renewal: The framework is for an initial period of 2 years with the option to extend for an additional 2 years (in one year increments).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e73b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041958-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
£240,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£240,000 £100K-£500K

Notice Dates

Publication Date
22 Jul 20257 months ago
Submission Deadline
28 Mar 2025Expired
Future Notice Date
Not specified
Award Date
22 Jun 20258 months 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
NATURAL HISTORY MUSEUM
Contact Name
NHM Procurement
Contact Email
nhmprocurement@nhm.ac.uk
Contact Phone
+44 2079425000

Buyer Location

Locality
LONDON
Postcode
SW7 5BD
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI3 Inner London - West

Local Authority
Kensington and Chelsea
Electoral Ward
Brompton & Hans Town
Westminster Constituency
Kensington and Bayswater

Supplier Information

Number of Suppliers
6
Supplier Names

CH BUSINESS RESEARCH

CR INVESTIGATIONS

FULCRUM DILIGENCE

GEOGHEGAN RESEARCH

HELEN STANDRING

RIDGEWAY 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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