This public procurement record has 1 release in its history.

Award

03 Sep 2026 at 11:17

Summary of the contracting process

Basingstoke and Deane Borough Council procured financial consultancy services under the title Consultancy Services. The requirement covers professional advice on financial matters for the council, classified as financial consultancy services (CPV 66171000). It was a single-lot service requirement delivered in the United Kingdom. The council is the buying organisation and the public-sector client for the work. The selected service provider was KPMG LLP, a large professional services firm. This opportunity is therefore relevant to financial consultancy practices with experience advising public authorities, councils or similar organisations, particularly those able to provide specialist financial advice as an external service provider. Firms whose work is limited to unrelated management, legal, engineering or general administrative consultancy would not be well matched to this requirement.

The procurement is complete and the award is active. It used a selective procedure, with the contract awarded below threshold under a framework; the call-off was not competitive. One lot was completed. KPMG LLP was awarded the contract on 5 August 2026, and the contract was signed on the same date. The contract runs from 5 August 2026 to 2 October 2026. Its value is £120,000 excluding VAT and £144,000 including VAT. The award covered the financial consultancy services requirement for the single lot. The outcome shows that the council used a framework-based route for a short, defined engagement rather than an open competition, with one supplier selected for the complete requirement.

For competitors, this award is a clear example of Basingstoke and Deane Borough Council buying substantial, focused financial consultancy support through a framework route. A credible future supplier would need demonstrable expertise in financial consultancy, the ability to advise a local authority, and sufficient senior capacity to deliver a complete engagement within a tightly defined period. Experience of public-sector governance, council finance, regulatory requirements and producing advice that can support formal decisions would strengthen a supplier’s position. The successful supplier’s scale also indicates that the buyer accepted a large professional services firm for this requirement, so smaller practices would need to show equivalent technical depth, quality controls, resilience and relevant public-sector references, whether bidding independently or through an appropriate framework arrangement.

How relevant is this notice?

Notice Title

Consultancy Services

Notice Description

Financial Consultancy Services.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f112
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083380-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - award under framework
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
3 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 Aug 2026 - 2 Oct 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
Basingstoke & Deane Borough 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
BASINGSTOKE
Postcode
RG21 4AH
Postcode Area
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ37 North Hampshire
Delivery Location
Not specified

Local Authority
Basingstoke and Deane
Electoral Ward
Eastrop & Grove
Westminster Constituency
Basingstoke

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG LLP

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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