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SIBG David Neaum

Department for Business and Trade

This public procurement record has 1 release in its history.

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15 Sep 2026 at 09:59

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Business & Trade commissioned consultancy services to lead the Impact Capital Task and Finish Group established by the Public Investment Roundtable. The work is intended to develop a shared approach and methodology for impact capital across public finance institutes. This is financial consultancy work, classified under CPV 66171000, delivered in the United Kingdom. The requirement is therefore relevant to firms that advise on impact investment, public finance, capital deployment or related policy and methodology development. The named buyer is the Department for Business & Trade, a central government department. The service is structured as a single requirement rather than multiple separately described work packages, and concerns advisory leadership and cross-institutional development rather than routine financial administration or transactional support.

The procurement is complete and has been awarded through a direct award below the applicable threshold, without competition. Social Investment Business Group was selected as the supplier, and the contract was signed on 1 September 2026. The contract runs from 1 September 2026 to 31 December 2027. Its value is £83,485.71 excluding VAT and £100,182.86 including VAT. The award covers the single requirement for the consultancy service. The outcome shows that the buyer evaluated and appointed a specialist supplier through a non-competitive route, rather than running an open tender. The contract is active, and the recorded procurement status is complete.

For a supplier considering similar work for the Department for Business & Trade, credible capability would include financial consultancy focused on impact capital and public-sector investment. The appointed supplier’s role indicates the importance of leading a task-and-finish group, bringing together public finance institutes, and developing a shared approach and methodology rather than delivering a narrowly defined technical product. Relevant competitors would benefit from demonstrable experience in impact investment policy, public finance institutions, stakeholder coordination and translating differing organisational perspectives into practical frameworks. The requirement also points to the value of senior advisory leadership, clear methodological thinking and the ability to work across government-related finance bodies. Firms with established expertise in social investment or impact capital would be particularly well aligned.

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Notice Information

Notice Title

SIBG David Neaum

Notice Description

Consultancy service to lead the work on Impact Capital Task and Finish Group established by the Public Investment Roundtable to develop a shared impact capital approach and methodology across Public Finance Institutes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f9be
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/087141-2026
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
SME

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
£83,485 Under £100K

Notice Dates

Publication Date
15 Sep 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2026 - 31 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Department for Business and Trade
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Social Investment Business Group

Further Information

Notice Documents

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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