Award

Financial Analysis

CALEDONIAN MARITIME ASSETS LTD (UTILITY)

This public procurement record has 2 releases in its history.

Award

21 Apr 2026 at 11:10

Award

09 Apr 2026 at 12:25

Summary of the contracting process

Caledonian Maritime Assets Ltd (CMAL), based in Port Glasgow, UK, has completed a procurement process for financial consultancy services. The tender, titled "Financial Analysis," aimed to secure an experienced company to support the assessment of tenders for the design and build of a new vessel. This procurement falls within the 'Financial consultancy services' industry under the CPV classification 66171000. The contract was awarded to BDO LLP on 21st April 2026, following an award procedure without prior publication of a call for competition, due to technical reasons. The contract value is estimated at £120,000, contingent on the number of candidates assessed. BDO LLP, located in London, was chosen owing to its specialised knowledge of the shipbuilding industry.

This tender offers substantial opportunities for businesses specialising in financial analysis, particularly those familiar with maritime financial assessments. Firms with a robust track record in analysing corporate structures, governance, and financial data for companies within the shipbuilding sector stand to benefit from similar future contracts as CMAL may expand the scope to include subsequent vessel tenders. Larger consultancy firms that can provide detailed financial insights within critical deadlines may find this sector rewarding, given the ongoing projects for designing and building new vessels by CMAL. This environment is favourable for growing business expertise in maritime financial consultancy.

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Notice Title

Financial Analysis

Notice Description

CMAL requires an experienced company to provide in-depth financial analysis to support the selection process of tenders for the design and build of a new vessel.

Lot Information

Lot 1

CMAL intends to award a contract to BDO LLP for the provision of financial analysis of candidates applying to be Invited to Tender for the design and build of 1 RoPax vessel. The scope of work will include in-depth analysis of the corporate structure, financial information, track record, budget and order book, and corporate governance of each candidate and BDO will prepare a summary report to support CMAL's assessment of each candidate. The value of the contract shown in this notice is an estimate and the final value will be dependant on the number of candidates that are assessed.

Options: CMAL may extend the scope of this contract to include similar analysis on subsequent tenders for new vessels.

Procurement Information

BDO has a specialist team who have knowledge of the shipbuilding industry and can apply this expertise to assist CMAL in their assessment of candidates within the timescale required.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067f07
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036034-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award 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
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
£120,000 £100K-£500K

Notice Dates

Publication Date
21 Apr 20263 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 20251 years 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
CALEDONIAN MARITIME ASSETS LTD (UTILITY)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PORT GLASGOW
Postcode
PA14 5EQ
Post Town
Paisley
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire

Local Authority
Inverclyde
Electoral Ward
Inverclyde East Central
Westminster Constituency
Inverclyde and Renfrewshire West

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

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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