Award

Project Divestment Work

THURROCK COUNCIL

This public procurement record has 1 release in its history.

Award

03 Jun 2026 at 11:47

Summary of the contracting process

Thurrock Council, based in Grays, United Kingdom, has recently concluded a procurement process titled "Project Divestment Work," focusing on forensic accountancy and investigation services as part of its investment and divestment programme. This contract falls within the services category and was awarded to KROLL ADVISORY LTD., a large service provider located in London. The procurement followed a direct procurement method, classified as below threshold without competition. The contract, active since 14 May 2026, spans an initial period ending on 13 May 2028, with a possibility of a two-year extension if needed. The financial value of the contract amounts to £170,000, excluding VAT, with a gross total of £204,000.

This tender presents significant opportunities for businesses specializing in financial consultancy and forensic accountancy services to gain a foothold in governmental contracts. SMEs and larger firms capable of delivering high-quality investigative and advisory services within the financial sector stand to benefit from participating in similar opportunities. This specific contract highlights the need for robust accounting expertise to support public sector entities, potentially leading to extended collaborations due to the option for contract renewal based on project requirements.

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Notice Title

Project Divestment Work

Notice Description

Provision of forensic accountancy and investigation services to support our investigations and legal action in relation to investments and divestment programme.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ac5d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/052312-2026
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
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
£170,000 £100K-£500K

Notice Dates

Publication Date
3 Jun 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 May 20263 weeks ago
Contract Period
13 May 2026 - 13 May 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THURROCK 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
GRAYS
Postcode
RM17 6SL
Post Town
Romford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH32 Thurrock
Delivery Location
Not specified

Local Authority
Thurrock
Electoral Ward
Grays Riverside
Westminster Constituency
Thurrock

Supplier Information

Number of Suppliers
1
Supplier Name

KROLL ADVISORY

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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