CPU 7465 Finance Audit Review - Phase 2

NOTTINGHAM CITY COUNCIL

There is 1 contract in this contracting process.

Summary of the contracting process

Nottingham City Council has completed the procurement process for its finance audit review, titled "CPU 7465 Finance Audit Review - Phase 2." This initiative focuses on financial consultancy services, aimed at addressing critical areas identified in the Phase 1 diagnostic. The procurement method used was limited, driven by extreme urgency brought about by unforeseen events, and the contract was awarded directly through the ESPO Framework Agreement. The tender sought a 'turnaround team' for their financial recovery, and was awarded to CIPFA C.CO LTD with a contract value of £330,000. The contract signing date was 19 March 2025, and the services are to be delivered in Nottingham, UKF14 region. The procurement category is services, highlighting the financial consultancy sector.

This tender presents significant opportunities for businesses specialising in financial consultancy and audit services, particularly those equipped to manage urgent and complex financial recovery tasks. Small and medium-sized enterprises, like CIPFA C.CO LTD, that possess expertise in creating financial turnaround strategies may find this sector promising for collaboration with regional authorities. The limited procurement method and direct award process suggest a streamlined approach that prioritises swift engagement with qualified service providers, offering unique avenues for growth in public sector contracting. Businesses with the capability to respond to pressing financial needs and those located within or with operations in the UKF14 region could benefit considerably from such partnerships.

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Award, Contract

CPU 7465 Finance Audit Review - Phase 2

NOTTINGHAM CITY COUNCIL

Contract Timeline

Publication Date

9th May 2025 15:08:09 PM
Contract Summary

Following on from the Phase 1 diagnostic and subsequent discussion with the CFO and Commissioners, the Council needs a 'turnaround team' to address the key areas.
Contract Details

Open Contracting ID

ocds-h6vhtk-051005

Publication Source

Find a Tender Service

Procurement Stage

Award, Contract

Procurement Method

Limited

Procurement Method Details

Award Procedure Without Prior Publication Of A Call For Competition

Procurement Category

Services

Tender Suitability

Framework / DPS

Framework
Contract Classification

CPV Code(s)

66171000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

NOTTINGHAM CITY COUNCIL

Buyer Name

Babatunde Olusanya

Buyer Email

babatunde.olusanya@nottinghamcity.gov.uk

Buyer Phone

Buyer Address

Loxley House

Nottingham

NG23NG

United Kingdom
Awarded Supplier(s)

Supplier Name(s)

CIPFA C.CO LTD

View contract on Find a Tender Service

CPU 7465 Finance Audit Review - Phase 2

NOTTINGHAM CITY COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)