Official UK procurement notice
842799 - DOF LPS Provision of public procurement financial advisory services in support of the LPS Nova Programme
Authority: DoF - Land and Property Services
What is being bought
Published requirement descriptionNo description was published on the notice. See the official documents.
CPV: Financial consultancy, financial transaction processing and clearing-house services
The lotProcurement structure
single lot · no lot value publishedLot #1DoF -LPS require a team of financial advisors to provide support to the LPS Nova Programme
DoF -LPS require a team of financial advisors to provide support to the LPS Nova Programme. The LPS Nova Programme will undertake a number of procurement projects in order to digitally transform the functions and services of LPS, allowing its customers to access services at a time and through a channel that suits them best. Financial support will be required initially for the Revenue and Benefits Procurement project. Subject to satisfactory performance and the appropriate funding being secured, the Client will also have a requirement for the contractor to provide financial support for the Land Registry system procurement and the Valuation system procurement.
Procedure terms & legal framework
From the official record- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 24 Nov 2022, 08:50 GMT
- Last source update
- 24 Nov 2022, 08:50 GMT
- FTS notice number
2022/S 000-033312- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0387e4Find a Tender
- Review procedure
The Public Contract Regulations 2015 provide for aggrieved parties who have. been harmed. or are at risk of harm by a breach of the rules to take action in the High Court (England,. Wales and Northern Ireland). The authority incorporated a standstill period (i.e. a minimum.. of 10 calendar days) before this contract was awarded.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| KPMG | £670,000 † | — | Awarded |
Contracts
Contract 033312-2022-1-1 · KPMG
- Signed
- 1 Aug 2017
- Value
- £670,000
- Status
- active
- Change The value of the contract has been uplifted to £670,000 and the contract duration has been increased until February 2027, Need for additional works, services or supplies by the original contractor/concessionaire: •Regulation 72(1)(b) Additional works, services or supplies “have become necessary” and were not included in the initial procurement and a change of supplier would not be practicable (for economic, technical or interoperability reasons) and would involve substantial inconvenience/duplication of costs - provided the change does not exceed 50% of the value of the original contract. This is on the basis that, as set out by LPS, there are a number of economic and technical reasons which mean that a change of contractor at this point would result in significant inconvenience and duplication of costs including but not limited to, costs associated with running a new procurement process and the costs associated with brining another contractor up to speed on the work already undertaken by the current contractor.
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The UK does not have any special review body with responsibility for appeal/mediation procedures in public procurement competitions. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued regarding alleged breaches of the PCR 2015.Review body
Bidders & participating suppliers
2 commercial parties on the noticeOfficial documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.