Award

Vessels Replacement Project External Financial Assurance

SCOTTISH GOVERNMENT

This public procurement record has 1 release in its history.

Award

02 Feb 2026 at 00:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The procurement process highlighted involves the Scottish Government as the buying organisation, looking for services within the 'Vessels Replacement Project External Financial Assurance.' This falls under the 'General public services' industry category and takes place within the UK's region. The procurement has progressed through the tender stage and reached the award phase, with the contract being signed on 12th January 2026. The procurement followed an open procedure, inviting bids from various parties, managed under the Management Consultancy Framework Four (MCF4), leading to a contract affiliation worth £250,000 with the supplier KPMG.

This tender can present significant business growth opportunities, particularly for large consultancy firms that specialise in financial assurance services. Since the procurement method was open, this allowed various businesses to compete, leading to two bids, including one from an SME. Companies with expertise in financial assessments for large-scale projects, particularly within the public sector, would be ideally positioned to benefit from such opportunities. The nature of the requirement suggests that businesses capable of delivering high-standard assurance services on complex projects would find it particularly beneficial to participate in similar future procurements.

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Notice Information

Notice Title

Vessels Replacement Project External Financial Assurance

Notice Description

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Vessels Replacement Project External Financial Assurance.

Lot Information

Lot 1

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Vessels Replacement Project External Financial Assurance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000821576
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB548532
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£250,000 £100K-£500K

Notice Dates

Publication Date
2 Feb 20263 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Jan 20264 months 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SCOTTISH GOVERNMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
N/A
Post Town
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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