---
title: "CPU 7465 Finance Audit Review - Phase 2"
ocid: "ocds-h6vhtk-051005"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-051005"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-051005.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-051005.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NOTTINGHAM CITY COUNCIL"
published: "2025-05-09"
---

# CPU 7465 Finance Audit Review - Phase 2

Buyer: NOTTINGHAM CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-051005

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## Summary

Nottingham City Council has completed the procurement process for its finance audit review, titled "CPU 7465 Finance Audit Review - Phase 2." This initiative focuses on financial consultancy services, aimed at addressing critical areas identified in the Phase 1 diagnostic. The procurement method used was limited, driven by extreme urgency brought about by unforeseen events, and the contract was awarded directly through the ESPO Framework Agreement. The tender sought a 'turnaround team' for their financial recovery, and was awarded to CIPFA C.CO LTD with a contract value of £330,000. The contract signing date was 19 March 2025, and the services are to be delivered in Nottingham, UKF14 region. The procurement category is services, highlighting the financial consultancy sector.

This tender presents significant opportunities for businesses specialising in financial consultancy and audit services, particularly those equipped to manage urgent and complex financial recovery tasks. Small and medium-sized enterprises, like CIPFA C.CO LTD, that possess expertise in creating financial turnaround strategies may find this sector promising for collaboration with regional authorities. The limited procurement method and direct award process suggest a streamlined approach that prioritises swift engagement with qualified service providers, offering unique avenues for growth in public sector contracting. Businesses with the capability to respond to pressing financial needs and those located within or with operations in the UKF14 region could benefit considerably from such partnerships.

## Notice

Following on from the Phase 1 diagnostic and subsequent discussion with the CFO and Commissioners, the Council needs a 'turnaround team' to address the key areas.

### Lot Information

Lot 1

Following on from the Phase 1 diagnostic and subsequent discussion with the CFO and Commissioners, the Council needs a 'turnaround team' to address the key areas.

### Procurement Information

Commissioning of this work was required urgently in relation to the financial recovery position of the authority so a direct award was completed using ESPO Framework Agreement (reference 664_21 - Lot 2a)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/020171-2025 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 May 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 19 Mar 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £330,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NOTTINGHAM CITY COUNCIL |
| Locality | NOTTINGHAM |
| Post town | Nottingham |
| Postcode | NG2 3NG |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF14 Nottingham |
| Local authority | Nottingham |
| Electoral ward | Castle |
| Westminster constituency | Nottingham East |
| Delivery location | TLF14 Nottingham |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CIPFA C.CO |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 9 May 2025 at 15:08 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/020171-2025

## Notice URLs

- http://www.nottinghamcity.gov.uk

## 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-h6vhtk-051005. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-051005.json.