Award

Delivery phase of Growth capital work

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

09 May 2025 at 14:32

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process for the "Delivery phase of Growth capital work" was initiated by The Mayor and Commonalty and Citizens of the City of London, a sub-central government public authority. This contract focused on providing advisory services related to the City of London (COL) Growth Capital Project's scoping and delivery phases. The procurement was conducted directly, below the threshold, and hence without competition. The contract was awarded to Ernst & Young LLP, a large supplier based in London, on 21 February 2025. The active contract was set to span from 22 February 2025 to 31 July 2025, with a gross value of £56,000. The procurement falls within the service category, specifically financial consultancy services under CPV classification 66171000.

This tender creates significant opportunities for businesses specialising in financial consultancy, especially those with the capacity to engage in public sector projects of this nature. While the procurement method was direct and below the threshold, indicating no formal competition at the award stage, businesses in this field can gain insights into the procurement preferences and requirements of The Mayor and Commonalty and Citizens of the City of London. Additionally, understanding tender opportunities like this one can help businesses strategically position themselves for future procurement processes, especially those that might involve similar advisory roles in capital growth projects or other public service collaborations.

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Notice Information

Notice Title

Delivery phase of Growth capital work

Notice Description

Advisory services in relation to COL Growth Capital Project scoping and delivery phases

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050ff3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020146-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£56,000 Under £100K

Notice Dates

Publication Date
9 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Feb 20251 years ago
Contract Period
22 Feb 2025 - 31 Jul 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
Contact Name
Ajibola Akingbade
Contact Email
ajibola.akingbade@cityoflondon.gov.uk
Contact Phone
020 7606 3030

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Further Information

Notice Documents

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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