This public procurement record has 2 releases in its history.

Award

01 Jul 2026 at 11:39

Award

01 Jul 2026 at 11:29

Summary of the contracting process

The procurement process for the Waste Financial Advisor contract was conducted by Worcestershire County Council, in collaboration with Herefordshire Council. The project is focused on acquiring specialist financial services to support the Integrated Waste Management Services Contract. Key industry categories include financial consultancy and transaction processing, and the services are intended to strengthen the financial management and advisory functions for the councils. Located in both Worcester (UKG12 region) and Hereford (UKG11 region), the procurement was handled as a direct award to KPMG LLP, starting from 1 July 2026 and scheduled to continue until 19 January 2029. The procurement stage is complete, with a future-looking aspect considering potential extensions or re-procurement options. Notably, a formal contract signing is due on 11 July 2026.

This tender offers substantial business growth opportunities for firms specialising in financial advisory services, especially those with a strong background in public sector contracts and waste management. Companies with expertise in financial risk management, scenario analysis, and compliance with commercial and financial regulations are particularly well-suited for this contract since these services are critical for effective decision-making. Given its focus on value for money, affordability, and extensive collaboration, organisations like KPMG, with a track record in similar projects, are ideal candidates to maximise business potential from such engagements. The inherent complexity and requirement for comprehensive oversight present specialised service providers the chance to build long-term relationships and secure future opportunities through either extension or new procurements.

How relevant is this notice?

Notice Title

WASTE FINANCIAL ADVISOR

Notice Description

Financial advisor to provide specialist financial advice and support in relation to the Integrated Waste Management Services Contract between Worcestershire County Council, Herefordshire Council, and Mercia Waste Management Ltd. This includes, but is not limited to, the following areas: Review and assessment of proposed contract variations and their financial implications for both Councils; Analysis of the financial impact of changes in waste, environmental, and related legislation; Financial modelling and scenario analysis to support decisions on contract extension or re-procurement options; Assessment of value for money, affordability, and whole-life costs associated with existing and future service arrangements; Advice on financial risk allocation and mitigation within the contract; Support in evaluating commercial and financial aspects of alternative service delivery options; Input into negotiations on revised or new contractual and commercial arrangements, including attendance at meetings as required; and Provision of specialist financial insight to support robust decision-making, assurance, and compliance with financial regulations.

Procurement Information

Specialist advisor, providing ongoing advice, guidance, and support in relation to the existing Waste Management Service Contract (WMSC). Advisor has been involved with the contract since its commencement in 1998 and has developed extensive knowledge of both the contractual arrangements and waste management services in Worcestershire. This financial advisory role supports effective governance, risk management, and informed decision-making in relation to contractual, procurement, and strategic waste management obligations.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c124
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/061684-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£570,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Jul 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 May 20261 months ago
Contract Period
10 Jul 2026 - 19 Jan 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WORCESTERSHIRE COUNTY COUNCIL
Additional Buyers

HEREFORDSHIRE 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
WORCESTER
Postcode
WR5 2NP
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG11 Herefordshire, County of
Delivery Location
Not specified

Local Authority
Herefordshire, County of
Electoral Ward
Widemarsh
Westminster Constituency
Hereford and South Herefordshire

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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