Award

Economic Value capture

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

09 Feb 2026 at 10:47

Summary of the contracting process

The West Midlands Combined Authority recently completed a tender process for a project titled "Economic Value capture," focusing on financial consultancy services. This procurement falls under the industry category of services and was executed as a limited competition below the threshold. The procurement method was to appoint a supplier to conduct a speculative analysis aimed at understanding the potential of innovative financing models to boost investment and facilitate growth across the West Midlands. The procurement process commenced with a contract award on 3rd February 2026, concluding on 31st March 2026. The main base of operations is in Birmingham, UK, with KPMG LLP being awarded the contract valued at £36,000 gross.

This tender offers significant growth opportunities, especially for businesses in the consultancy and financial services sectors. The West Midlands Combined Authority, acting as the buyer, presents a keen interest in innovative and scalable financial solutions, making it well-suited for large or established firms capable of delivering in-depth financial analysis and strategic consultations. Companies specialising in financial consultancy services, particularly those with experience in economic and investment growth initiatives, and capable of leveraging innovative financing models, stand to benefit greatly from participating in such procurement opportunities.

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Notice Title

Economic Value capture

Notice Description

WMCA are looking to appoint a supplier to provide a speculative piece of analysis to help officers to understand the potential for innovative financing models to unlock investment and drive growth at scale within the West Midlands.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064ae2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011282-2026
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
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
£30,000 Under £100K

Notice Dates

Publication Date
9 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
3 Feb 20262 weeks ago
Contract Period
3 Feb 2026 - 31 Mar 2026 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Not specified
Contact Email
procurement.team@wmca.org.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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