---
title: "COV - Investment Valuations - AWARD"
ocid: "ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "COVENTRY CITY COUNCIL (COV)"
published: "2021-05-05"
---

# COV - Investment Valuations - AWARD

Buyer: COVENTRY CITY COUNCIL (COV)  
Current stage: Award  
OCID: ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd

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## Summary

The Coventry City Council has completed the procurement process for the "COV - Investment Valuations - AWARD" tender, aiming to secure external valuations of its investments in private companies for the 2020/21 financial year. The contract, valued at £50,000, is classified under evaluation consultancy services and encompasses financial management, auditing, and consultancy. The contract period runs from 7th May 2021 to 18th June 2021, with the tender process formally concluding on 16th April 2021. The main delivery address is located in Coventry, United Kingdom.

This awarded contract offers substantial opportunities for businesses specialising in financial consultancy and auditing services, particularly those with expertise in International Financial Reporting Standards. Competitors well-positioned for this procurement include established consultancy firms capable of performing thorough evaluations and assessments for local government accounts, with a focus on delivering valuable insights and strategic management decisions. Although small and medium enterprises (SMEs) and voluntary community social enterprises (VCSEs) were not deemed suitable for this contract, larger organisations like RSM, which was awarded the tender, can leverage such opportunities for growth in the public sector.

## Notice

External valuations of Coventry City Council's ("the Council") investment in private companies and an assessment of any adjustments necessary to consolidating these companies with the Council's group accounts (under International Financial Reporting Standards), to be carried out for the 2020/21 financial year accounts

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/229d6513-684b-4d05-887a-a3737f94a6ef |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not applicable |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 May 2021 |
| Submission deadline | 16 Apr 2021 |
| Future notice date | Not specified |
| Award date | 3 May 2021 |
| Contract period | 6 May 2021 - 18 Jun 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £50,000 |
| 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 | COVENTRY CITY COUNCIL (COV) |
| Locality | COVENTRY |
| Post town | Coventry |
| Postcode | CV1 2GN |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG33 Coventry |
| Local authority | Coventry |
| Electoral ward | St Michael's |
| Westminster constituency | Coventry South |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 66171000 - Financial consultancy services
- 79212100 - Financial auditing services
- 79412000 - Financial management consultancy services
- 79419000 - Evaluation consultancy services

## Release History

- 5 May 2021 at 13:08 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/229d6513-684b-4d05-887a-a3737f94a6ef
- 5 May 2021 at 13:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/229d6513-684b-4d05-887a-a3737f94a6ef

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/229d6513-684b-4d05-887a-a3737f94a6ef
  5th May 2021 - 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-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8637c2e8-ed6f-4afc-93f3-88aa425e93dd.json.
