---
title: "The Provision of Services to Support the Cost Transparency Project"
ocid: "ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE INSOLVENCY SERVICE"
published: "2024-01-09"
---

# The Provision of Services to Support the Cost Transparency Project

Buyer: THE INSOLVENCY SERVICE  
Current stage: Award  
OCID: ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621)  
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## Summary

The Insolvency Service awarded a contract for "The Provision of Services to Support the Cost Transparency Project" to WAVESTONE ADVISORS UK LIMITED. The procurement method was selective, with a contract value of £2,000,000. The tender period ended on 27th November 2023, and the contract period spans from 8th January 2024 to 7th January 2026. The procurement is classified under information systems or technology review services and project management consultancy services in the services category.

This contract award by The Insolvency Service opens opportunities for business growth, especially for suppliers in the information systems or technology strategic review services and project management consultancy services industries. Businesses well-suited to compete should have experience in delivering cost transparency activities and insights within the IT sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are also encouraged to participate, given the focus on value optimisation and cost reduction.

## Notice

The Insolvency Service (INSS) wishes to work with a Supplier to deliver a programme of Cost Transparency activities across our IT estate, to provide rapid and meaningful insights in support of key business and IT decisions. This programme of work will provide INSS with clear visibility of where money is being spent and an understanding of why services costs what they do. The Cost Transparency programme of work will deliver the resource, technology and Supplier insights needed to start reducing the overall cost of IT, with a view to realising value optimisation.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6f108bc8-9d7d-494d-8992-4132438593a4 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Jan 2024 |
| Submission deadline | 27 Nov 2023 |
| Future notice date | Not specified |
| Award date | 5 Jan 2024 |
| Contract period | 8 Jan 2024 - 7 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,000,000 |
| Lots value | Not specified |
| Awards value | £2,000,000 |
| 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 | THE INSOLVENCY SERVICE |
| Locality | STRATFORD |
| Post town | South West London |
| Postcode | SW1P 2HT |
| 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 | WAVESTONE ADVISORS |

## CPV Codes

### Divisions

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

### Codes

- 72222100 - Information systems or technology strategic review services
- 72224000 - Project management consultancy services

## Release History

- 9 Jan 2024 at 14:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6f108bc8-9d7d-494d-8992-4132438593a4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6f108bc8-9d7d-494d-8992-4132438593a4
  9th January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/5e5207f2-fcfe-487f-b551-b2aa371951fd
  Redacted Version of the Signed Contract

## 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-d222f9ed-240a-48fa-8971-2f30179d9621. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d222f9ed-240a-48fa-8971-2f30179d9621.json.