Award

Cefnogaeth Gwasanaethau Ariannol / Financial Services Support

ADNODD CYFYNGEDIG

This public procurement record has 2 releases in its history.

Award

29 Jul 2025 at 19:20

Award

09 Jul 2025 at 15:25

Summary of the contracting process

The procurement process, initiated by Adnodd Cyfyngedig, a central government authority in Cardiff, focuses on providing financial services support, titled "Cefnogaeth Gwasanaethau Ariannol / Financial Services Support". This process falls under the services category, specifically financial consultancy services, and is governed by Welsh devolved regulations. The tender was executed through a direct procurement method, falling below the competitive threshold. The contract was awarded to Azets, a large supplier based in London, on 25th July 2025, with the contract period running from 1st August 2025 to 31st January 2026.

This tender presents growth opportunities primarily for businesses specialising in financial services, including banking, book-keeping, compliance, payroll, and training. Due to the nature of the procurement method, smaller businesses or new entrants may find it challenging to compete unless specifically invited for direct negotiations. However, larger established firms similar to Azets, with a significant presence in the financial sector, are well-positioned to provide similar comprehensive financial services support, enhancing their portfolio and potentially securing partnerships with government agencies. The regional context also suggests opportunities for companies with experience or capacity to work under Welsh devolved governance requirements.

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Notice Title

Cefnogaeth Gwasanaethau Ariannol / Financial Services Support

Notice Description

Darparu gwasanaethau ariannol i Adnodd mewn perthynas a: bancio, cadw llyfrau, cydymffurfio, cyflogres a hyfforddiantProvide financial services to Adnodd in respect of: banking, book-keeping, compliance, payroll and training

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055c55
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/044053-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
SME
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
£85,950 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
9 Jul 20257 months ago
Contract Period
31 Jul 2025 - 31 Jan 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ADNODD CYFYNGEDIG
Contact Name
Kirsty Davies
Contact Email
kirsty.davies@adnodd.llyw.cymru
Contact Phone
Not specified

Buyer Location

Locality
CARDIFF
Postcode
CF11 6BH
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

AZETS

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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