---
title: "Value Initiatives"
ocid: "ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "H M REVENUE & CUSTOMS"
published: "2024-07-31"
---

# Value Initiatives

Buyer: H M REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0)  
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## Summary

H M Revenue & Customs (HMRC) has awarded a contract titled "Value Initiatives" for business analysis consultancy services. The procurement process utilised a direct award method. The contract, valued at £225,000, covers services conducted from 8th July 2024 to 2nd September 2024. McKinsey & Company Inc United Kingdom has been selected as the supplier. The project falls under the services category and is classified under CPV code 72221000. HMRC's address is located at 100 Parliament Street, London, SW1A 2BQ, England.

This contract offers substantial opportunities for consultancy firms specialising in business analysis. The direct award underscores a preference for experienced and reputable suppliers, aligning well with businesses capable of delivering high-value strategic insights promptly. Small and medium-sized enterprises (SMEs) may find potential growth opportunities should they meet criteria for future tenders in this sector. The short contract period suggests readiness for fast-paced, impactful projects suited to companies with agile resources and expertise in consultancy services.

## Notice

An awarded contract for HM Revenue and Customs for the purposes of 'Value Initiative' services.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0da88b24-d526-4488-8e3d-df6c83078185 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Direct Award |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jul 2024 |
| Submission deadline | 5 Jul 2024 |
| Future notice date | Not specified |
| Award date | 7 Jul 2024 |
| Contract period | 7 Jul 2024 - 2 Sep 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £225,000 |
| Lots value | Not specified |
| Awards value | £225,000 |
| 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 | H M REVENUE & CUSTOMS |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2BQ |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MCKINSEY & COMPANY INC UNITED KINGDOM |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72221000 - Business analysis consultancy services

## Release History

- 31 Jul 2024 at 14:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0da88b24-d526-4488-8e3d-df6c83078185

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0da88b24-d526-4488-8e3d-df6c83078185
  31st July 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/edad4c33-45fc-4eb5-994c-103ed78d308d

## 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-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-91b6ec73-bf21-4cf7-a107-e6dd09c77fb0.json.