---
title: "Modelling businesses financial health in response to Covid measures"
ocid: "ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2020-08-17"
---

# Modelling businesses financial health in response to Covid measures

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4

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## Summary

The Business Energy and Industrial Strategy (BEIS) is conducting a procurement process titled "Modelling businesses financial health in response to Covid measures." This initiative falls under the research and development services and related consultancy services category, with a value of £250,000. The procurement method utilised is a direct single tender action below the threshold, currently in the award stage. The contract period is set to commence on 18 May 2020 and conclude on 19 June 2020. The resulting contract was awarded to Oliver Wyman, with the process concluding on 12 May 2020, at their London office.

This tender presents a significant opportunity for businesses, particularly those specialised in financial consulting and research services, to leverage their expertise in assessing the impacts of Covid on business viability. Suitable competitors may include small and medium-sized enterprises focused on financial modelling and policy analysis, as the opportunity is open to SMEs. Engaging with this procurement process could enable businesses to contribute to impactful research while identifying potential partnerships with established firms like Oliver Wyman.

## Notice

BEIS need to be able to understand the overall impact of Covid on businesses financial viability, before and after the financial support provided by government, to assess what the next steps for policy might be. Specifically, which groups of businesses or sectors impacts are less mitigated by our measures, and how the high level policy options for further support compare when overlaid onto stressed financial profit and loss accounts, under different scenarios.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/928453dc-c0a1-4818-a873-9ed89340e7ca |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Aug 2020 |
| Submission deadline | 12 May 2020 |
| Future notice date | Not specified |
| Award date | 11 May 2020 |
| Contract period | 17 May 2020 - 19 Jun 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £250,000 |
| Lots value | Not specified |
| Awards value | £250,000 |
| 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 | BUSINESS ENERGY AND INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| 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 | OLIVER WYMAN |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 17 Aug 2020 at 14:30 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/928453dc-c0a1-4818-a873-9ed89340e7ca

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/928453dc-c0a1-4818-a873-9ed89340e7ca
  17th August 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-502693a1-db9e-4638-80b1-2ad177936fc4.json.