---
title: "Commercial Advisor for the delivery of Finance Services relating to divestments in line with the Council's recovery plan"
ocid: "ocds-h6vhtk-06884d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06884d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06884d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06884d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THURROCK COUNCIL"
published: "2026-04-22"
---

# Commercial Advisor for the delivery of Finance Services relating to divestments in line with the Council's recovery plan

Buyer: THURROCK COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-06884d

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## Summary

The procurement process led by Thurrock Council aims to appoint a Commercial Advisor for delivering Finance Services aligned with the Council's recovery plan, specifically concerning divestments. The procurement was conducted through a direct award method under UK legislation, allowing procurement without competition due to the unique technical expertise required. This contract falls within the financial consultancy services category and spans from 10th May 2026 to 31st March 2028, with Calderstones Consulting Ltd being awarded the contract. The procurement stage is complete, and the contract has been set with significant financial value above the threshold of GBP 480,000. This is primarily targeting financial consultancy services within the United Kingdom.

This tender presents substantial opportunities for businesses with deep expertise in financial advisory services, particularly those well-versed in managing divestment programmes in alignment with recovery strategies. Companies similar to Calderstones Consulting Ltd, which have a nuanced understanding of Council-specific financial frameworks and the ability to deliver timely and strategic consultancy, are ideally positioned to benefit from such collaborative ventures with sub-central government bodies. Furthermore, suppliers with resources to navigate market timing and complex contractual obligations can provide added value, ensuring alignment with strategic continuities and minimising delivery risks.

## Notice

Financial Advisor for the Council in relation to the divestment programme which was agreed as part of the Council's recovery plan

### Procurement Information

A direct award is considered permissible under PA2023 (Section 41, Schedule 5 applies) where competition is not reasonably possible, including situations where: Only one supplier is capable of delivering the requirement due to technical or specialist reasons, or A change of supplier would cause significant inconvenience, duplication of costs, or substantial risk to delivery. These conditions align with the Council's situation, as Calderstones holds unique, embedded understanding of the divestment programme that cannot be replicated by an alternative supplier without unacceptable disruption. Explicitly: 1) Extensive reconstruction of knowledge: A new adviser would require substantial time to reacquire programme history, understand past decisions, interpret legacy modelling, and rebuild the analytical framework that Calderstones already maintain. This would occupy months of effort with no guaranteed accuracy. 2) Re-evaluation and duplication of completed work: A replacement supplier would need to re-perform valuation work, interrogate historical financial models, validate assumptions, and re-open previously settled strategic decisions. This duplication would generate unnecessary cost while adding no additional value. 3 ) Loss of strategic continuity: The programme is highly interdependent; the logic of earlier decisions informs current actions. Without Calderstones' insight into why those decisions were taken, there is a high risk of fragmentation, inconsistent advice, or misalignment with the established strategy. 4) Delay to time-critical activities: Divestment actions are sensitive to market timing, regulatory milestones, investor sentiment, and contractual obligations. Any delay in adviser capability-while a new provider becomes familiar with the programme-introduces direct financial and commercial risk to the Council.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/036507-2026 |
| Notice type | UK5 - Transparency Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Apr 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 22 Apr 2026 |
| Contract period | 9 May 2026 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £480,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Pending |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THURROCK COUNCIL |
| Locality | GRAYS |
| Post town | Romford |
| Postcode | RM17 6SL |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH3 Essex |
| ITL 3 | TLH32 Thurrock |
| Local authority | Thurrock |
| Electoral ward | Grays Riverside |
| Westminster constituency | Thurrock |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 22 Apr 2026 at 10:32 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/036507-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/036507-2026
  22nd April 2026 - Transparency notice on Find a Tender

## Notice URLs

- http://www.thurrock.gov.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-06884d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06884d.json.