---
title: "Financial Advisors Support for Prison Estate Transformation Programme 2023"
ocid: "ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MINISTRY OF JUSTICE"
published: "2023-06-16"
---

# Financial Advisors Support for Prison Estate Transformation Programme 2023

Buyer: MINISTRY OF JUSTICE  
Current stage: Award  
OCID: ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7

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## Summary

The Ministry of Justice has awarded a contract for Financial Advisors Support for the Prison Estate Transformation Programme 2023. The contract, valued at £604,000 GBP, involves corporate finance and venture capital services. The procurement method used was selective, calling-off from a framework agreement. The contract period spans from 30th May 2023 to 30th October 2023. The tender deadline was 26th April 2023. The contract was awarded on 26th April 2023. The procurement took place in London, United Kingdom, under the services category.

This tender presents an opportunity for financial advisory firms specialising in corporate finance and venture capital services to engage with the Ministry of Justice. Businesses that can provide expert financial advice and assure on financial liabilities and risks proposed through contracts would be well-suited to compete. As the contract involves providing financial support for the operation of prisons, companies with experience in this field would have a competitive advantage. The Ministry of Justice is looking for established firms capable of delivering high-quality financial services within the given contract period.

## Notice

HMPPS continue to require specialist support to deliver mini competitions to operate prisons delivered under the Prison Operator Services Framework (POSF/the Framework). External financial advice from a company like this provides the SRO, CFO, AO and SoS with additional assurance on financial liabilities and risks proposed through the contract, payment mechanism and other project documentation and the wider economic uncertainty make this kind of rigour all the more important.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/52265e0f-8dc9-46d1-ad71-30b1d0a1cea5 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Jun 2023 |
| Submission deadline | 26 Apr 2023 |
| Future notice date | Not specified |
| Award date | 25 Apr 2023 |
| Contract period | 29 May 2023 - 30 Oct 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £604,000 |
| Lots value | Not specified |
| Awards value | £604,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MINISTRY OF JUSTICE |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | DELOITTE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66122000 - Corporate finance and venture capital services

## Release History

- 16 Jun 2023 at 13:34 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/52265e0f-8dc9-46d1-ad71-30b1d0a1cea5
- 9 Jun 2023 at 14:54 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/52265e0f-8dc9-46d1-ad71-30b1d0a1cea5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/52265e0f-8dc9-46d1-ad71-30b1d0a1cea5
  16th June 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/9f4506f4-7922-45db-a006-46912bd1d0cb
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-239a57b4-86b8-4baf-a45c-6b21fe2cc1f7.json.