---
title: "Public Finance Resource Centre (PFRC)"
ocid: "ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2024-01-31"
---

# Public Finance Resource Centre (PFRC)

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370.json)

## Summary

The Foreign Commonwealth and Development Office (FCDO) has awarded a contract for the Public Finance Resource Centre (PFRC). The contract aims to deliver services to support countries in sustainable financing and transparent management of public finances. The contract, valued at £65,000,000, falls under the services category and has a contract period from 2nd January 2024 to 1st January 2028.

This tender presents an opportunity for service providers to engage with FCDO's initiative to improve revenue mobilisation and financial management in partner countries. Businesses well-suited to compete are those offering expertise in public finance, tax management, and debt management. The procurement method is an open procedure (above threshold), and the tender deadline is set for 26th May 2023.

## Notice

This is a notification of the award of a contract to deliver the following. FCDO pursues our national interests and projects the UK as a force for good in the world. We promote the interests of British citizens, safeguard the UK's security, defend our values, reduce poverty and tackle global challenges with our international partners. Against a backdrop of continued slow growth, capital market uncertainty, and worsening debt positions for many developing countries, the International Finance Division's (IFD) objective is to support countries on the path to sustainable financing; breaking the cycles of unsustainable debt and need for debt relief and developing green and resilient capital markets. We will do this by supporting countries to improve revenue mobilisation and strengthening responsible private sector and international financing. We also seek a step change in the way public finances are transparently managed and accounted for - from debt management to expenditure and procurement, through to greater financial preparedness for major disasters. In support of this objective the Public Finance and Tax Department (PFTD) within IFD is establishing a UK Centre of Expertise for Public Finance to help partner countries access technical expertise as part of HMG's broader offer to developing countries. The Centre will provide access to world class peer-to-peer support, such as from HMRC, frontier learning from globally recognised UK institutions, and from local suppliers. A new advisory offer, the Public Finance Resource Centre (PFRC) has been developed as part of this Centre of Expertise. The Resource Centre is intended to mobilise flexible technical assistance more quickly than is currently available, responding to clear demand for such support from partner countries. FCDO were seeking to procure a service provider to manage the delivery arm of the new Public Finance Resource Centre (PFRC). The Resource Centre will support countries to become self-sufficient - shaping open and resilient economies and societies. It will do this by responding quickly and flexibly to windows of opportunity, identified by FCDO, to address key barriers to revenue mobilisation, transparent Public Financial Management (PFM), tax, macro-fiscal and debt management, where current delivery models struggle to respond in a timely way.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/39c8e643-c7e7-46a4-99ac-e2b81efc83d9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jan 2024 |
| Submission deadline | 26 May 2023 |
| Future notice date | Not specified |
| Award date | 2 Jan 2024 |
| Contract period | 2 Jan 2024 - 1 Jan 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £65,000,000 |
| Lots value | Not specified |
| Awards value | £65,000,000 |
| 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 | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| 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 | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ADAM SMITH INTERNATIONAL |

## CPV Codes

### Divisions

- 75 - Administration, defence and social security services

### Codes

- 75211200 - Foreign economic-aid-related services

## Release History

- 31 Jan 2024 at 18:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/39c8e643-c7e7-46a4-99ac-e2b81efc83d9
- 24 Apr 2023 at 09:15 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8e388e7c-6b08-4913-b6d5-3f4bdb433eec
- 31 Mar 2023 at 14:07 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8e388e7c-6b08-4913-b6d5-3f4bdb433eec

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/39c8e643-c7e7-46a4-99ac-e2b81efc83d9
  31st January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/8e388e7c-6b08-4913-b6d5-3f4bdb433eec
  24th April 2023 - Opportunity notice on Contracts Finder
- https://www.gov.uk/government/organisations/foreign-commonwealth-development-office
  Information about FCDO
- https://fcdo.bravosolution.co.uk/
  eTendering FCDO Portal - free access to the tender documents
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/5c67f88c-46ac-47b3-b137-c6b47677e3fd
  n/a

## Notice URLs

- http://www.gov.uk/fcdo

## 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-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2b18675e-7a01-420c-8c02-acd5f76db370.json.