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Shadow Credit Rating Reports

Greater London Authority (GLA)

This public procurement record has 2 releases in its history.

Award

08 Jan 2026 at 10:39

UK7 - Contract Details Notice
Award

05 Jan 2026 at 14:41

UK6 - Contract Award Notice
Summary of the contracting process

The Greater London Authority (GLA) has completed a public procurement process for the provision of "Shadow Credit Rating Reports," a service that involves preparing annual credit reports for approximately fifteen entities that have received loans from the GLA or GLA Land and Property. The procurement, initiated via a limited competition method, concluded with the contract being awarded to Sensus Financial Advisory Ltd. The contract, valued at £144,000 excluding VAT, is managed from the GLA's headquarters in London and spans from 7 January 2026 to 30 September 2028, with the possibility of a one-year extension. This procurement falls under the services category and aims to support financial consultancy efforts defined by CPV code 66171000.

This tender presents significant business growth opportunities for firms specialising in financial consultancy services, specifically those capable of conducting detailed financial analyses and reporting. Given the limited competition approach, SMEs, such as Sensus Financial Advisory, are well-positioned to leverage their specialised expertise and agile operations to win such contracts. Companies capable of providing insightful credit assessments that contribute to informed financial decision-making for public authorities would find this sector particularly lucrative.

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Notice Information

Notice Title

Shadow Credit Rating Reports

Notice Description

The requirement covers annual shadow credit rating reports for around fifteen entities that have received loans from the GLA or GLA Land and Property. The Service Provider will produce one report per entity each year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ff77
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001342-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£144,000 £100K-£500K
Contracts Value
£144,000 £100K-£500K

Notice Dates

Publication Date
8 Jan 20267 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Jan 20267 months ago
Contract Period
7 Jan 2026 - 30 Sep 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Greater London Authority (GLA)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E16 1ZE
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Royal Victoria
Westminster Constituency
West Ham and Beckton

Supplier Information

Number of Suppliers
2
Supplier Names

Sensus Financial Advisory

Sensus Financial Advisory Ltd

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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