---
title: "Critical review of NS&I's forecasting processes"
ocid: "ocds-b5fd17-5d2055c4-026b-4ade-9309-a225dbaf1b2a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5d2055c4-026b-4ade-9309-a225dbaf1b2a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5d2055c4-026b-4ade-9309-a225dbaf1b2a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5d2055c4-026b-4ade-9309-a225dbaf1b2a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NS&I"
published: "2024-08-19"
---

# Critical review of NS&I's forecasting processes

Buyer: NS&I  
Current stage: Award  
OCID: ocds-b5fd17-5d2055c4-026b-4ade-9309-a225dbaf1b2a

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## Summary

NS&I has awarded a contract for a critical review of its forecasting processes, specifically examining current data sources and the reliance on historical data for future modelling. The procurement process, classified under Business and management consultancy and related services (CPV code 79400000), was conducted using a selective procurement method through a call-off from a framework agreement. The contract, spanning from 6th August 2024 to 16th September 2024, was awarded to PricewaterhouseCoopers LLP. Key locations for this contract include London (SW1P 3BT), England, and Yorkshire and the Humber, United Kingdom. The tender reached the award stage on 24th May 2024, with all relevant information published on 19th August 2024.

This tender presents a significant opportunity for businesses specialising in business and management consultancy, particularly those with expertise in forecasting and data analysis. The project’s scope, focusing on enhancing NS&I's predictive capabilities, makes it an appealing venture for firms looking to establish or expand their public sector consultancy services. Although the current contract does not specify suitability for SMEs or VCSEs, large consultancy firms with a proven track record in financial management and strategic consulting are well-suited to similar future opportunities within NS&I or other governmental bodies.

## Notice

****Contract Awarded**** NS&I would like to instruct an external organisation to complete a review of how NS&I forecasting is conducted, with a specific focus on the current data sources and reliance on historical data to model the future.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/acefba9d-89f3-4b9f-a193-70ef1bc32b44 |
| 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 | 19 Aug 2024 |
| Submission deadline | 9 May 2024 |
| Future notice date | Not specified |
| Award date | 23 May 2024 |
| Contract period | 5 Aug 2024 - 16 Sep 2024 |
| 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 | SW1P 3BT |
| 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 | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services
- 79410000 - Business and management consultancy services
- 79411000 - General management consultancy services
- 79411100 - Business development consultancy services
- 79412000 - Financial management consultancy services
- 79413000 - Marketing management consultancy services
- 79414000 - Human resources management consultancy services
- 79415000 - Production management consultancy services
- 79415200 - Design consultancy services
- 79416000 - Public relations services
- 79416100 - Public relations management services
- 79416200 - Public relations consultancy services
- 79417000 - Safety consultancy services
- 79418000 - Procurement consultancy services
- 79419000 - Evaluation consultancy services
- 79420000 - Management-related services
- 79421000 - Project-management services other than for construction work
- 79421100 - Project-supervision services other than for construction work
- 79421200 - Project-design services other than for construction work
- 79422000 - Arbitration and conciliation services
- 79430000 - Crisis management services

## Release History

- 19 Aug 2024 at 16:32 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/acefba9d-89f3-4b9f-a193-70ef1bc32b44

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/acefba9d-89f3-4b9f-a193-70ef1bc32b44
  19th August 2024 - Awarded contract notice on Contracts Finder
- https://app.panacea-software.com/nsandi/
  Click above to Apply (link to e-procurement portal)

## Provenance

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