Official UK procurement notice
Extension to Call off from CCS Restructuring and Insolvency Services Framework (RM6269)
Authority: Department for Education (Central government)·Consortium: 3 public authorities
What is being bought
Published requirement descriptionExtension to Call off from CCS Restructuring and Insolvency Framework (RM6269). The initial contract term was 9th August 2023 till 31st August 2023 with an optional 12 month extension. We are extending this contract until 30th November 2023.
CPV: Business analysis consultancy services · Corporate finance and venture capital services · Evaluation consultancy services · Feasibility study, advisory service, analysis · Financial and insurance services · Financial consultancy services · Financial management consultancy services · Government services · Mergers and acquisition services · Supporting services for the government
The lotProcurement structure
single lot · value publishedLot #1Call off from CCS Restructuring and Insolvency Framework (RM6269)AwardedRenewalPublished value£120,000,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Price
- Suitability
Candidates will be assessed in accordance with Section 5 of the 2015 Public Contract Regulations (implementing the directive) on the basis of information provided in response to an invitation to tender (ITT) registering for access.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Restricted procedure
- 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 21 May 2021, 22:45 BST
- Last source update
- 22 Nov 2023, 14:43 GMT
- Award evaluation window
- 12 Nov 2021 – …
- FTS notice number
2023/S 000-034569- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02b409Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The value provided in Section II.1.7 is only an estimate. We cannot guarantee to suppliers any business through this Commercial Agreement. As part of this contract award notice the following can be accessed at: https://www.contractsfinder.service.gov.uk/Notice/0e86ee22-2ea2-4a3a-ae57-165bb893ea00 1) Redacted Commercial Agreement 2) List of Successful Suppliers 3) Approved Customer list 4) Transparency Agenda On 02/04/2014, Government introduced its Government Security Classifications (GSC) scheme which replaced Government Protective Marking Scheme (GPMS). A key aspect is the reduction in the number of security classifications used. All bidders were required to make themselves aware of the changes as it may impact this requirement. This link provides information on the GSC at: https://www.gov.uk/government/publications/government-security-classifications Cyber Essentials is a mandatory requirement for Central Government contracts which involve handling personal information or provide certain ICT products/services. Government is taking steps to reduce the levels of cyber security risk in its supply chain through the Cyber Essentials scheme. The scheme defines a set of controls which, when implemented, will provide organisations with basic protection from the most prevalent forms of threat coming from the internet. To participate in this procurement, bidders were required to demonstrate they comply with the technical requirements prescribed by Cyber Essentials, for services under and in connection with this procurement. CCS reserved the right to award a framework to any bidder whose final score was within 1% of the last position. For RM6269 15 suppliers were awarded a place as opposed to the number of 20 as was originally stated in the Contract Notice that was published on 06/10/2021, therefore no suppliers were awarded a place whose final score was in 1% of the last position.
How it was run
Official notice- Submission deadline
- 12 Nov 2021, 15:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 120 days from the deadline
- Bids opened
- 12 Nov 2021, 15:01 GMT
Timeline
1 Oct 2021 → 22 Nov 2023 · 4 dates- Next notice expected1 Oct 2021, 00:00 BST
- Submission deadline12 Nov 2021, 15:00 GMT
- Bids opened12 Nov 2021, 15:01 GMT
- Notice published22 Nov 2023, 14:43 GMT
Notice history
8 events · 5 releases on Find a Tender · since 6 Oct 2021- Published value updated to £120,000,0006 Oct 2021, 22:45 BSTwas £110,000,000
- Status changed to active6 Oct 2021, 22:45 BST
- Procurement method changed6 Oct 2021, 22:45 BST
- Deadline published: 12 Nov 2021, 15:00 GMT6 Oct 2021, 22:45 BST
- Buyer details updated6 Oct 2021, 22:45 BST
- Status changed to complete25 Feb 2022, 22:45 GMT
- Procurement method changed30 Aug 2023, 15:18 BST
- Buyer details updated30 Aug 2023, 15:18 BST
Published amendments (1 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | TextII.1.7, V.2.4 · II, V.2 | £328,767.50 | 618,767.50 | |
| — | DateII.1.4 · II | 31 Aug 2023 | 30 Nov 2023 | +91 d |
1 amendment published without a description.
Routine re-releases (5)
- 2021-10: 1 release · 6 Oct 2021
- 2021-05: 1 release · 21 May 2021
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| See Contracts Finder Notice for full supplier list | £120,000,000 † | — | Awarded |
| Teneo Financial Advisory Limited | £328,768 † | — | Awarded |
Contracts
Contract 025489-2023-con_22085-1 · Teneo Financial Advisory Limited
- Signed
- 9 Aug 2023
- Value
- £328,768
- Status
- active
Contract 005349-2022-1 · See Contracts Finder Notice for full supplier list
- Signed
- 8 Feb 2022
- Value
- £120,000,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 20bids · 20 electronic | — | — | — |
Contracting authority & participating public bodies
3 public bodies on the noticeConsortium members and other public bodies
- Crown Commercial ServiceContracting authorityCentral purchasing bodyMinistry or any other national or federal authority, including their regional or local subdivisionsOther
- The Minister for the Cabinet Office acting through Crown Commercial ServiceContracting authorityCentral purchasing bodyMediation bodyReview bodyReview contact pointMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services
Bidders & participating suppliers
2 commercial parties on the notice- See Contracts Finder Notice for full supplier listAwarded supplier
- TENEO FINANCIAL ADVISORY LIMITEDAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria