---
title: "Critical review of NS&I's forecasting processes"
ocid: "ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NS&I"
published: "2022-01-26"
---

# Critical review of NS&I's forecasting processes

Buyer: NS&I  
Current stage: Award  
OCID: ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96

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## Summary

The procurement process involves the National Savings and Investments (NS&I) organisation, which recently awarded a contract for the "Critical review of NS&I's forecasting processes." This project falls under the industry category of business and management consultancy and is located in London, United Kingdom. The procurement occurred through a selective method via a call-off from the Crown Commercial Services RM6187 Management Consultancy Framework Three. The contract period spans from 5th January 2022 to 28th February 2022, following the tender's deadline on 14th December 2021.

This tender presents valuable opportunities for businesses, particularly those specialising in consultancy services, financial analytics, and data forecasting. Companies with a proven track record in delivering insightful evaluations and recommendations within financial frameworks would be well-suited to compete in future tenders. The emphasis on enhancing NS&I's forecasting capabilities during volatile economic periods could attract small and medium enterprises (SMEs) that offer innovative solutions and adaptable strategies.

## Notice

1. NS&I requires a critical review to be conducted of NS&I's forecasting data sources, analytics, methodology and processes. 2. The review will include: a. an assessment of current Net Financing forecasting data sources, methods and models processes; b. A view of what best practice looks like in the financial services market place; c. Recommendations and/or advice on how the forecasting can be im-proved d. Advice and guidance of any additional steps to manage forecasting during a volatile economic period; e. A report to the Directors of Retail setting out findings, establishing and explaining the level of assurance and proposing, where relevant, any actions that should be taken to improve the reliability, accuracy or control environment of the Net Financing forecast; f. Video-based meeting to present these findings to appropriate senior members of NS&I. 3. The benefit of this review will be to provide more assurance to NS&I that it is achieving its Net Financing Service Delivery Measure. Contract awarded via Lot 4 Finance, of Crown Commercial Services RM6187 Management Consultancy Framework Three.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/01970b4e-a59c-4c46-b552-a72c2ff526b0 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Jan 2022 |
| Submission deadline | 14 Dec 2021 |
| Future notice date | Not specified |
| Award date | 22 Dec 2021 |
| Contract period | 5 Jan 2022 - 28 Feb 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | NS&I |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1V 2QX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

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

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 26 Jan 2022 at 15:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/01970b4e-a59c-4c46-b552-a72c2ff526b0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/01970b4e-a59c-4c46-b552-a72c2ff526b0
  26th January 2022 - Awarded contract notice on Contracts Finder
- https://app.panacea-software.com/nsandi/
  Link to e-procurement portal

## 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-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-23fb6d65-1558-4dc4-b90e-fa8fdc308c96.json.