Award

Financial Review of Service

DEVON COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

06 Nov 2025 at 15:16

UK7 - Contract Details Notice
Summary of the contracting process

Devon County Council has concluded a procurement process titled "Financial Review of Service", within the realm of business and management consultancy services, based in Exeter, United Kingdom. This project, which falls under the industry category of services, specifically aims to provide a critical financial review to support the council's financial sustainability over the next 3 to 5 years. The procurement stage is in the completed award phase, with the contract active since the 4th of November 2025 and set to end on the 21st of November 2025. The procurement method followed was direct, below threshold without competition, indicating a focused and streamlined approach.

This tender offers significant opportunities for small and medium-sized enterprises (SMEs), particularly those experienced in providing financial review and management consultancy services. It represents a vital chance for businesses to engage with a public authority on a strategic level. SOCITM Commercial Ltd, recognised as an SME and a voluntary, community, and social enterprise (VCSE), has been awarded the contract. This setting would benefit companies that can deliver financial consulting and strategic planning services, aiming to enhance profitability and operational frameworks within the public sector.

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Notice Information

Notice Title

Financial Review of Service

Notice Description

This contract is to provide a financial review service within Devon County Council to achieve the following: 1) Validation of the financial, commercial, and operational assumptions underpinning the preferred business plan 2) Establish a clear, evidence-based 5-year business plan with product-level profitability and growth forecasts 3) Define a commercially realistic Target Operating Model (TOM) and governance framework 4) Confirm whether financial sustainability and the pathway to independence can be delivered within 3-5 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05dc04
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071718-2025
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
£33,000 Under £100K

Notice Dates

Publication Date
6 Nov 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
3 Nov 20253 months ago
Contract Period
4 Nov 2025 - 21 Nov 2025 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEVON COUNTY COUNCIL
Contact Name
Not specified
Contact Email
procurement-mailbox@devon.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
EXETER,
Postcode
EX2 4QD
Post Town
Exeter
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified
Local Authority
Exeter
Electoral Ward
Newtown and St Leonard's
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
1
Supplier Name

SOCITM COMMERCIAL

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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