Award

HIF Reference Cast Forecasting Refresh

MINISTRY OF HOUSING, COMMUNITIES AND LOCAL GOVERNMENT

This public procurement record has 1 release in its history.

Award

14 Oct 2025 at 14:52

Summary of the contracting process

The contracting process initiated by the Ministry of Housing, Communities and Local Government in the United Kingdom has culminated in the award of a contract titled "HIF Reference Cast Forecasting Refresh." This contract, related to the financial consultancy services sector, involves recalibrating the Housing Infrastructure Fund's forecasting model. Located in London, the procurement reached the award stage on 14th October 2025, following the contract's start on 29th September 2025, and is set to conclude on 28th November 2025. The procurement process was direct and without competition, staying below the threshold, and was driven by a legal framework outlined in the UKPGA 2023/54.

This tender offers substantial business growth opportunities, particularly aimed at large-scale financial consultancy providers capable of offering external assurance on project costs. Oxford Global Projects UK Limited, the awarded supplier, exemplifies the type of business suited to this procurement, with expertise in such recalibration tasks. Companies in this niche, especially those experienced in analytical forecasting and financial consultancy within the infrastructure sector, could benefit from engaging with similar public sector opportunities to enhance their portfolio and engagements.

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Notice Title

HIF Reference Cast Forecasting Refresh

Notice Description

MHCLG requires a thorough recalibration of the Housing Infrastructure Fund (HIF) Reference Cast Forecasting (RCF) modelling to reflect the increased maturity of the programme and individual projects, with a focus on modelling on remaining spend and time, rather than project lifetime costs. This will provide important external assurance on the likely unfunded additional costs for HIF and is critical to inform MHCLG headroom management strategy.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cc8a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065294-2025
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
£33,600 Under £100K

Notice Dates

Publication Date
14 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Sep 20254 months ago
Contract Period
28 Sep 2025 - 28 Nov 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
MINISTRY OF HOUSING, COMMUNITIES AND LOCAL GOVERNMENT
Contact Name
Not specified
Contact Email
commercial.tenders@communities.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 4DF
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

OXFORD GLOBAL PROJECTS

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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