Award

RNA Centre of Excellence Finance and Training Consultancy

CENTRE FOR PROCESS INNOVATION LIMITED

This public procurement record has 3 releases in its history.

Award

05 Jan 2026 at 11:31

TenderUpdate

28 Oct 2025 at 08:53

Tender

27 Oct 2025 at 12:20

Summary of the contracting process

The Centre for Process Innovation Limited, located in Redcar, UK, has completed the procurement process for the "RNA Centre of Excellence Finance and Training Consultancy" project. This tender falls under the services industry category, specifically financial consultancy services. The procurement stage is currently in the award and contract phase, having been signed on 23rd December 2025, with the contract period beginning on 24th December 2025 and ending on 24th December 2029. The procurement method utilized was an open competition, structured below the threshold with a framework agreement established to select a single supplier. This project aims to find a financial advisor to contribute significantly to the RNA Biofoundry's establishment and ongoing operations at the RNA Centre of Excellence, with related reporting requirements to Innovate UK funders.

This tender presents growth opportunities for businesses specialising in financial consultancy services, particularly those experienced in the biotech and innovation sectors. The procurement method facilitates businesses of varying sizes to compete, as it allows for a direct award without further competition under a framework agreement. Companies with expertise in establishing and managing financial operations for innovation centres would be well-suited to engage with this opportunity. Additionally, the framework's structure, beyond offering an initial agreement, positions successful suppliers for ongoing collaboration, maximising the potential for long-term business relationships and increased revenue streams.

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Notice Title

RNA Centre of Excellence Finance and Training Consultancy

Notice Description

CPI are looking to establish a consultancy framework for a financial advisor to provide expert contribution to the RNA Biofoundry establishment. The consultant will also be requested to support the ongoing running of the RNA Centre of Excellence and associated training academy, including preparing and reporting back to Innovate UK funders.

Lot Information

Lot 1

Renewal: 1 additional 12 months period extension options at the discretion of the Authority.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d41f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000225-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£175,000 £100K-£500K
Lots Value
£175,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£175,000 £100K-£500K

Notice Dates

Publication Date
5 Jan 20261 months ago
Submission Deadline
13 Nov 2025Expired
Future Notice Date
Not specified
Award Date
23 Dec 20252 months ago
Contract Period
24 Dec 2025 - 24 Dec 2029 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CENTRE FOR PROCESS INNOVATION LIMITED
Contact Name
Not specified
Contact Email
e-tendering@uk-cpi.com
Contact Phone
Not specified

Buyer Location

Locality
REDCAR
Postcode
TS10 4RF
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
Not specified

Local Authority
Redcar and Cleveland
Electoral Ward
Dormanstown
Westminster Constituency
Redcar

Supplier Information

Number of Suppliers
1
Supplier Name

222 STRATEGIC CONSULTANCY

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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