---
title: "Safety Valve Funding Contract for Chair Con_13359"
ocid: "ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2022-04-08"
---

# Safety Valve Funding Contract for Chair Con_13359

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63.json)

## Summary

The procurement process involves the Department for Education, which has initiated a contract titled "Safety Valve Funding Contract for Chair Con_13359." This contract falls under the industry category of financial and insurance services, aimed at providing financial advice to Local Authorities as part of a safety valve programme. The procurement stage has reached the award phase, with the contract awarded to Priora Consulting Ltd. The contract is valued at £50,000 and is set to commence on 1 April 2022, lasting until 31 March 2023. The tender period concluded on 23 March 2022.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) with expertise in financial consulting, particularly those experienced in public sector engagements and local authority funding matters. Businesses with a strong background in financial advisory services and a capability to support local authorities in reforming and managing deficits are well-suited to compete in this process. Engaging in this contract could enhance their visibility and foster long-term partnerships within the public sector.

## Notice

This is a contract for a consultant to provide financial advice and support to Local Authorities as part of the dedicated schools grant 'safety valve' programme. This will provide Local Authorities with the highest dedicated schools grant deficits the support to put in place high needs reforms and saving targets to eliminate their historic deficits and ensure they perform sustainably in the future.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/dbf82ab2-59c1-43fe-9e22-ebd26f5ba92e |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Apr 2022 |
| Submission deadline | 23 Mar 2022 |
| Future notice date | Not specified |
| Award date | 24 Mar 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| 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 | DEPARTMENT FOR EDUCATION |
| Locality | DARLINGTON |
| Post town | Darlington |
| Postcode | DL1 5QE |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC33 Darlington |
| Local authority | Darlington |
| Electoral ward | Park East |
| Westminster constituency | Darlington |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRIORA CONSULTING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 8 Apr 2022 at 09:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/dbf82ab2-59c1-43fe-9e22-ebd26f5ba92e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/dbf82ab2-59c1-43fe-9e22-ebd26f5ba92e
  8th April 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/c07ebb1e-d6b1-4eff-abba-29b371478db8
  n/a

## 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-c50cf02c-64a7-4716-a9df-3773ff96aa63. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63.json.