Award

Provision of Financial Management Services

CERNACH HOUSING ASSOCIATION LIMITED

This public procurement record has 2 releases in its history.

Summary of the contracting process

The procurement process involves the Cernach Housing Association Limited, based in Glasgow, UK, seeking to secure financial management services for a three-year period, with an optional extension of one year. The tender, titled "Provision of Financial Management Services," is currently at the award stage, having been completed on 21 April 2020. The total value of the contract is £129,000, and the procurement was conducted through a selective method under a restricted procedure in the services category, specifically focused on housing and community amenities.

This contract presents significant opportunities for businesses, particularly those in the financial services sector, including small and medium-sized enterprises (SMEs). Companies experienced in providing financial management and planning services, especially those with a background in working with Registered Social Landlords (RSL), would be well-placed to compete for similar future contracts. With a contract term that encompasses both initial three years and an optional extension, successful bidders could benefit from ongoing collaboration with Cernach Housing Association, potentially leading to further contract opportunities in the public sector.

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Notice Title

Provision of Financial Management Services

Notice Description

The provision of Financial management and planning services to an RSL over a 3 year period with + 1 extension.

Lot Information

Lot 1

Provision of financial services for Cernach Housing Association for the period from May 2020 to May 2023 with the the option for the contract to be extended by a further year depending upon the service provider's performance over the initial three-year contract period.

Renewal: Option of one year extension

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000610299
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR385446
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
£129,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£129,000 £100K-£500K

Notice Dates

Publication Date
21 Apr 20205 years ago
Submission Deadline
24 Feb 2020Expired
Future Notice Date
Not specified
Award Date
21 Apr 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CERNACH HOUSING ASSOCIATION LIMITED
Contact Name
Not specified
Contact Email
caroline@cernachha.co.uk
Contact Phone
+44 1419443860

Buyer Location

Locality
GLASGOW
Postcode
G15 7AJ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Drumchapel/Anniesland
Westminster Constituency
Glasgow West

Supplier Information

Number of Suppliers
1
Supplier Name

FMD FINANCIAL SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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