Award

Independent Financial Advice advice

BRISTOL CITY COUNCIL

This public procurement record has 2 releases in its history.

TenderUpdate

02 Mar 2026 at 11:44

Award

02 Mar 2026 at 10:54

Summary of the contracting process

Bristol City Council has awarded a contract for independent financial advice, in relation to a proposal to enter into a private finance arrangement involving the leasing of 250 homes in Bristol for temporary accommodation. The procurement process falls under the industry category "services furnished by professional organisations" and is situated in the UKK11 region of Bristol. Notably, this contract was awarded through a limited procurement method, without a prior call for competition, due to it falling below the threshold. The contract, signed on 2nd March 2026, will remain active until the adjusted expiry date of 29th May 2026.

This tender presents a significant opportunity for businesses specialising in financial consulting services to gain visibility and credibility by working with a regional authority like Bristol City Council. The contract emphasizes expertise in independent financial advice, targeting businesses that can offer innovative solutions for finance arrangements. Additionally, the collaborative aspect of leasing and managing multiple properties indicates potential growth areas for small and medium-sized enterprises (SMEs) capable of handling complex financial and property management initiatives. The involvement of Constellia Ltd, a supplier categorised as an SME, demonstrates a precedent for smaller firms to successfully engage in public sector contracts.

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Notice Title

Independent Financial Advice advice

Notice Description

Contract Award notice for Independent Financial Advice advice in relation to the proposal to enter into a private finance arrangement to lease 250 homes in Bristol for use as temporary accommodation.

Lot Information

Lot 1

Independent Financial Advice advice in relation to the proposal to enter into a private finance arrangement to lease 250 homes in Bristol for use as temporary accommodation.

Procurement Information

Below threshold

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-065f3d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018364-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98112000 - Services furnished by professional organisations

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£35,650 Under £100K

Notice Dates

Publication Date
2 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Mar 20261 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRISTOL CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 5TR
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK11 Bristol, City of

Local Authority
Bristol, City of
Electoral Ward
Hotwells and Harbourside
Westminster Constituency
Bristol Central

Supplier Information

Number of Suppliers
1
Supplier Name

CONSTELLIA

Further Information

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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