Award

PDHU Financial Modelling and OBC Development

WESTMINSTER CITY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

10 Sep 2025 at 15:55

UK7 - Contract Details Notice
Award

10 Sep 2025 at 15:49

UK7 - Contract Details Notice
Summary of the contracting process

Westminster City Council has finalised a procurement process titled "PDHU Financial Modelling and OBC Development," focusing on financial and insurance services. Located in London, the council has engaged in a direct procurement method, below the threshold without competition. This process is now in the completion stage, as of 10th September 2025. The associated contract was awarded to Amberside Advisors Ltd, an SME based in Hemel Hempstead, and is valued at £9,300,000 for the period starting from 20th August 2025 to 19th August 2026. The contract involves developing high-level and full financial models compliant with the Green Book HMT 5-case model.

This tender provides significant growth opportunities for businesses specialising in financial modelling and consultancy services. SMEs with expertise in developing compliance-based financial frameworks, particularly those able to address technical scenarios such as RSHP, SWAN, and direct electric solutions, could benefit from such procurement processes. Engaging with Westminster City Council could also enhance a company's profile and portfolio, offering potential for further collaboration within the public sector.

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Notice Information

Notice Title

PDHU Financial Modelling and OBC Development

Notice Description

Stage 1 - Build a high-level financial model which will provide WCC with the tools to calculate the heat tariff / service charge requirements for the following 5 technical scenarios; RSHP, SWAN, Cory, Shared Ground Loop system (e.g. Kensa), and Direct Electric. Stage 2 - Following confirmation from WCC of a preferred technical solution, Amberside will then build a full financial model that will be compliant with the Green Book HMT 5-case model.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059801
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/055575-2025
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£93,000 Under £100K

Notice Dates

Publication Date
10 Sep 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Aug 20256 months ago
Contract Period
19 Aug 2025 - 19 Aug 2026 6-12 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
WESTMINSTER CITY COUNCIL
Contact Name
Not specified
Contact Email
procurementteammailbox@westminster.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1E 6QP
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)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AMBERSIDE ADVISORS

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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