---
title: "Market Oversight Accountancy Panel"
ocid: "ocds-b5fd17-d184fcc5-58cf-45d5-9f40-c1beb7e42cb8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d184fcc5-58cf-45d5-9f40-c1beb7e42cb8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d184fcc5-58cf-45d5-9f40-c1beb7e42cb8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d184fcc5-58cf-45d5-9f40-c1beb7e42cb8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CARE QUALITY COMMISSION"
published: "2024-07-25"
---

# Market Oversight Accountancy Panel

Buyer: CARE QUALITY COMMISSION  
Current stage: Award  
OCID: ocds-b5fd17-d184fcc5-58cf-45d5-9f40-c1beb7e42cb8

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## Summary

The Care Quality Commission (CQC), headquartered in Newcastle upon Tyne, has concluded a procurement process to establish a Market Oversight Accountancy Panel. This procurement was conducted through the CCS Restructuring & Insolvency Services (RM6269), Lot 1, following the selective procurement method of a call-off from a framework agreement. The awarded tender is categorised under financial consultancy services and involves assessing the financial sustainability of care providers in the Market Oversight Scheme. The contract, valued at £832,500, will run from 3rd June 2024 to 31st December 2027, with an initial period of 19 months and an option for an additional 24-month extension. The procurement stage is complete, and key suppliers include PRICEWATERHOUSECOOPERS LLP, BDO LLP, Deloitte LLP Primary, and TENEO FINANCIAL ADVISORY LIMITED, all based in London, England.

This tender offers significant opportunities for businesses specialising in financial consultancy, particularly those with expertise in commercial restructuring, international commerce, insolvency, or leasing. Firms capable of providing robust financial oversight and advisory services within the care sector stand to benefit greatly. The inclusion of prominent firms like PRICEWATERHOUSECOOPERS and Deloitte indicates the high standards expected, making it a lucrative opportunity for established consultancy firms and accountancy practices looking to expand their involvement in public sector projects. Smaller enterprises, however, should assess their capabilities and resources before pursuing similar opportunities, given the specified non-suitability for SMEs and VCSEs.

## Notice

In order to fulfil its statutory duties to assess the financial sustainability of care providers subject to the Market Oversight Scheme the Market Oversight team may need to engage third party accountants with expertise in areas outside the expertise of the CQC in house accountants (such as commercial restructuring, international commercial, insolvency or leasing). The purpose of the procurement is to establish a Market Oversight accountancy services panel who may be requested to provide external accountancy expertise. This procurement was undertaken through the CCS Restructuring & Insolvency Services (RM6269), Lot 1, following the Further Competition process. The Contract is awarded for an initial period of 19 months with an option to extend for up to 24 months. Total Awarded Value is maximum of all charges including all optional contract extensions. Contract Reference: CQC ASC 003

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/79f692ce-11f7-479d-968a-63d4105a3efc |
| 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 | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Jul 2024 |
| Submission deadline | 9 Jun 2023 |
| Future notice date | Not specified |
| Award date | 13 Jun 2024 |
| Contract period | 2 Jun 2024 - 31 Dec 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £832,500 |
| Lots value | Not specified |
| Awards value | £832,500 |
| 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 | CARE QUALITY COMMISSION |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 4PA |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England), TLD North West (England), 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 | 4 |
| Supplier names | BDO; DELOITTE LLP PRIMARY; PRICEWATERHOUSECOOPERS; TENEO FINANCIAL ADVISORY |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 25 Jul 2024 at 15:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/79f692ce-11f7-479d-968a-63d4105a3efc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/79f692ce-11f7-479d-968a-63d4105a3efc
  25th July 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d4b15a5a-0437-410c-98bf-f737656198cb
  CQC ASC 003 Attachment 3 Order Form Account Panel Deloitte Final_Redacted
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/597d016c-28ed-403d-9a88-30d4f2f46cdd
  CQC ASC 003 Attachment 3 Order Form Account Panel Teneo Final_Redacted
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/7dc7e572-b1d7-43bf-a560-ef7132708bc0
  CQC ASC 003 Attachment 3 Order Form Account Panel PwC FINAL_Redacted
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3f6a89f0-671e-474f-9631-947e76dc2d4d
  CQC ASC 003 Attachment 3 Order Form Account Panel BDO Final_Redacted

## Provenance

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