---
title: "Financial Management Model Review"
ocid: "ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MIDDLESBROUGH COUNCIL"
published: "2024-11-18"
---

# Financial Management Model Review

Buyer: MIDDLESBROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745.json)

## Summary

Middlesbrough Council has completed the award stage for the procurement titled "Financial Management Model Review" under the industry category of financial and insurance services, with associated business services including law, marketing, consulting, recruitment, printing, and security. This procurement was in response to a directive from the Department for Levelling Up, Housing and Communities (DLUHC) for an independent assessment of the Council's financial management to support an Exceptional Financial Support application. Cipfa Business Ltd, a Small and Medium-sized Enterprise (SME) and Voluntary, Community and Social Enterprise (VCSE), has been awarded the contract valued at £58,000. The contract period starts on 8th April 2024 and concludes on 31st March 2025, primarily involving deliverables in the North East UK region. The procurement was managed under an exemption method and concluded on 7th April 2024.

This tender presents significant opportunities for businesses specialising in financial assessment and consultancy services, particularly those already operating within the UK or looking to expand into high-value public sector contracts. SMEs and VCSEs will find this particularly appealing due to the specific suitability criteria aligning with their competencies. Participating in such tenders can provide substantial revenue growth and collaboration prospects with respected entities like Middlesbrough Council, enhancing business portfolios and leading to future tender opportunities in government contracts focused on financial and business services.

## Notice

DLUHC has specified that the Council is required to undergo an independent assessment of its financial position and financial management arrangements as a required action in relation to the 'in principle' approval of the Council's Exceptional Financial Support application for PS13.4m of EFS to support the 2024/25 budget that was required to avoid a s114 Notice being issued.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d94e5dd1-3385-474b-b015-fada644307ed |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Exemption |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Nov 2024 |
| Submission deadline | 7 Apr 2024 |
| Future notice date | Not specified |
| Award date | 24 Aug 2024 |
| Contract period | 7 Apr 2024 - 31 Mar 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £58,000 |
| Lots value | Not specified |
| Awards value | £58,000 |
| 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 | MIDDLESBROUGH COUNCIL |
| Locality | MIDDLESBROUGH |
| Post town | Cleveland |
| Postcode | TS1 9FT |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC32 South Teesside |
| Local authority | Middlesbrough |
| Electoral ward | Newport |
| Westminster constituency | Middlesbrough and Thornaby East |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CIPFA BUSINESS |

## CPV Codes

### Divisions

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

### Codes

- 66000000 - Financial and insurance services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 18 Nov 2024 at 09:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d94e5dd1-3385-474b-b015-fada644307ed

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d94e5dd1-3385-474b-b015-fada644307ed
  18th November 2024 - 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-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745.json.