Find a TenderAwarded without competition

Published 25 Apr 2024, 16:19 BST

Official UK procurement notice

2019/S 211-517049 Financial Advisory Services Framework

Official notice

Authority: The Hyde Group (Public body)

Framework agreementServicesAward procedure without prior publication of a call for competition

Sectors: Financial and insurance services (66)Architecture & Engineering (71)IT Services & Software (72)

+1 more

Business Services & Consultancy (79)

Delivery: UK

Framework ceiling (notional)Value not publishedframework ceiling, not attributable revenue

Awarded 30 Apr 2020no call for competition

What is being bought

Published requirement description

The Hyde Financial Advisory Services Framework is being extended by a further 6 months (from 31st March 2024 to 30th September 2024) to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

CPV: Accounting review services · Accounting, auditing and fiscal services · Business analysis consultancy services · Business and management consultancy services · Business development consultancy services · Calculation of costs, monitoring of costs · Compilation of financial statements services · Corporate finance and venture capital services · Economic impact assessment · Feasibility study · Feasibility study, advisory service, analysis · Financial consultancy services · +6 more

How this framework works

From the published notice

Bids received: 12 bids received · 18 suppliers appointed

The lotProcurement structure

single lot · no lot value published

Lot #12019/S 211-517049 Financial Advisory Services FrameworkAwarded

The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049* Additional information: The Hyde Group believes the 6 month extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible.

Original Contract Notice ref: 2019/S 211-517049

Original Award Notice ref: 2020/S 158-386966

Delivery: UK

66121000 Mergers and acquisition services 66122000 Corporate finance and venture capital services 66600000 Treasury services 71241000 Feasibility study, advisory service, analysis 71242000 Project and design preparation, estimation of costs 71244000 Calculation of costs, monitoring of costs

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Framework agreement
Who may use this agreement: Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 25 Apr 2024, 16:19 BST
Last source update: 25 Apr 2024, 16:19 BST
Authority reference: VEAT
FTS notice number: 2024/S 000-013498
Classification (CPV): Accounting review servicesAccounting, auditing and fiscal servicesBusiness analysis consultancy servicesBusiness and management consultancy servicesBusiness development consultancy servicesCalculation of costs, monitoring of costsCompilation of financial statements servicesCorporate finance and venture capital servicesEconomic impact assessmentFeasibility study
+8 more
Feasibility study, advisory service, analysisFinancial consultancy services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-045539 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.
The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

Publisher note: The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales. The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Suppliers appointed 18admitted to the panel · see the list ↓

Bids received 12

Contracts signed 5latest 30 Apr 2020

5 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

Lot 2 : Tax Advisory
Signed
30 Apr 2020
Value
—
Status
active
Lot 1 : General Finance
Signed
30 Mar 2020
Value
£25,000,000
Status
active
Lot 3 : Treasury Management
Signed
30 Mar 2020
Value
—
Status
active
Lot 4 : Financial Analysis
Signed
30 Mar 2020
Value
—
Status
active
Lot 5 : Real Estate and Strategic Asset Advisory
Signed
30 Mar 2020
Value
—
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
12bids	—	—	£1 – £25,000,000

Contracting authority & participating public bodies

Hyde Housing Association Ltd

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities IP18195R 30 Park Street, London, UK, SE1 9EQContact name, email, phone

Dispute resolution & review bodies

Royal Courts of JusticeReview body London

Framework contractors & participating bidders

19 commercial parties on the notice

CBRE LimitedFramework contractor London, UK
CBRE LtdFramework contractor London, UK
Cambridge Finance LtdFramework contractor London, UK
Chatham FinancialFramework contractor London, UK
Crowe U.K. LLPFramework contractor London, UK
Deloitte LLPFramework contractor London, UK
Ernst and Young LLPFramework contractor London, UK
Faithorn Farrell Timms LLPFramework contractor Orpington, UK
Grant Thornton UK LLPFramework contractor London, UK
Jones Lang LaSalle LtdFramework contractor London, UK

Show 9 more suppliers

KPMG LLPFramework contractor London, UK
Mazars LLPFramework contractor London, UK
N.M. Rothschild and Sons LtdFramework contractor London, UK
Newbridge Advisors LLPFramework contractor London, UK
QMPF LLPFramework contractor Edinburgh, UK
Resolute Asset Management LLPFramework contractor London, UK
Savills UK LtdFramework contractor London, UK
TradeRisks LtFramework contractor London, UK
TradeRisks LtdFramework contractor London, UK

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.