Award

C1103 - Strategic Advisory

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

18 Sep 2025 at 13:59

Summary of the contracting process

The procurement process for "C1103 - Strategic Advisory" was undertaken by National Wealth Fund Limited, a central government public authority based in Leeds, United Kingdom. This process falls under the industry category of business and management consultancy services, specifically related to strategic advisory roles. The contract, completed as of 18th September 2025, utilised a direct procurement method without competition, as it was below the threshold. The engagement commenced on 12th August 2025 and concluded on 30th September 2025, with significant details formalised on 11th August 2025. The procurement was guided by legal provisions specified under the UKPGA 2023/54 statute.

This tender presents substantial opportunities for business growth, especially for companies operating within the management consultancy sector. Verdigris Strategic Ltd, a small to medium-sized enterprise (SME) based in London, secured the award, signifying that firms of similar scale and expertise could successfully compete in such procurement processes. Businesses adept at providing strategic advisory services on a contingent fee basis would be well-suited to engage in such opportunities, benefiting from the potential for success fees in complex deal environments. This contract highlights the demand for consultancy services in the public sector, opening avenues for firms that can navigate government procurement channels effectively.

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Notice Title

C1103 - Strategic Advisory

Notice Description

Provision of a Strategic Advisor under a contingent fee arrangement comprised of a success fee and an abort fee dependent on the overall deal. It should be noted that whilst this notice provides the maximum potential value of the contract in line with government guidance, the maximum sum payable by NWF as a contracting authority was PS170,000 (excl VAT).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059d4f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/057773-2025
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,500,000 £1M-£10M

Notice Dates

Publication Date
18 Sep 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Aug 20256 months ago
Contract Period
11 Aug 2025 - 30 Sep 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
NWF Procurement
Contact Email
procurement@nationalwealthfund.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

VERDIGRIS STRATEGIC

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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