---
title: "CPU 4968 Invitation to Quote for the provision of Independent Financial Advice"
ocid: "ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NOTTINGHAM CITY COUNCIL"
published: "2022-11-02"
---

# CPU 4968 Invitation to Quote for the provision of Independent Financial Advice

Buyer: NOTTINGHAM CITY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8

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## Summary

The Nottingham City Council has awarded a contract for the provision of Independent Financial Advice (IFA) to Samra Wealth Management Ltd. The contract, with a value of £56,000, has a contract period starting from November 1, 2022, until August 31, 2025. The procurement method was an Invitation to Quote, and the tender period ended on August 7, 2022. The contract is related to financial consultancy services.

This tender opportunity can benefit businesses in the financial consultancy services industry, especially those providing Independent Financial Advice tailored to individual clients' needs. Small and medium-sized enterprises (SMEs) with expertise in financial planning and asset management could compete successfully for such contracts. Nottingham City Council's procurement approach presents opportunities for businesses to access public sector contracts and contribute to the enhancement of financial services in the community.

## Notice

This contract will be for provision of Independent Financial Advice (IFA), including care fees planning, which should be individually tailored to each client's personal and financial circumstances, with the aim of maximising the clients' income and assets. The contract will involve the provision of IFA for any client whose assets are, or rise above, PS30,000 during the contract period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2987c5f9-432c-4ae8-9ab2-744a273f536b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not applicable |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Nov 2022 |
| Submission deadline | 7 Aug 2022 |
| Future notice date | Not specified |
| Award date | 31 Aug 2022 |
| Contract period | 1 Nov 2022 - 31 Aug 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £56,000 |
| 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 | NOTTINGHAM CITY COUNCIL |
| Locality | NOTTINGHAM |
| Post town | Nottingham |
| Postcode | NG2 3NG |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF14 Nottingham |
| Local authority | Nottingham |
| Electoral ward | Castle |
| Westminster constituency | Nottingham East |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SAMRA WEALTH MANAGEMENT LTD PART OF ST JAMES PLACE WEALTH MANAGE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 2 Nov 2022 at 13:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2987c5f9-432c-4ae8-9ab2-744a273f536b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2987c5f9-432c-4ae8-9ab2-744a273f536b
  2nd November 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## 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-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-787daa29-7f6f-4063-a47c-e0bd1d69ddc8.json.