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AwardedFind a Tender · award

Office for Students: Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

Buyer: Office for Students →

BuyerOffice for Students
StatusAwarded
DeadlineNot published
ValueValue not published
Published11 Dec 2024

What is being bought

The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers.

Delivery location

UKK1

Categories

Financial management consultancy services 79412000

Lot details

Lot 1

The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers

Statuscancelled

Award criteria
Understanding of the requirements — 10
Ability to deliver — 30
Methodology — 20
Social Value — 10
Price — 30

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Financial management consultancy services (79412000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 7913,7404 median · 30.9 average (5,803 of 13,740 with a bid count)3.2 average (6,507 of 13,740 with named award suppliers)1 comparable price pairs
Same buyer79 median · 17.3 average (7 of 7 with a bid count)2.1 average (7 of 7 with named award suppliers)Not published
Delivery region: UKK1724 median · 8.6 average (45 of 72 with a bid count)1.5 average (48 of 72 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

Statusactive
Value£4,000,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-04859e
Latest release ID039892-2024
Latest release timestampWed Dec 11 2024 12:05:04 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release7

Notice history

DateEventReference
11 Dec 2024award, contract039892-2024
29 Jul 2024tender023646-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (2 releases)
11 Dec 2024 · 039892-2024 · award, contract
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}
29 Jul 2024 · 023646-2024 · tender
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    "techniques": {
      "frameworkAgreement": {
        "maximumParticipants": null
      },
      "hasFrameworkAgreement": true
    },
    "awardPeriod": {
      "startDate": "2024-09-09T10:00:00+01:00"
    },
    "description": "The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers.",
    "tenderPeriod": {
      "endDate": "2024-09-09T10:00:00+01:00"
    },
    "contractTerms": {
      "electronicInvoicingPolicy": "allowed"
    },
    "hasRecurrence": false,
    "classification": {
      "id": "79412000",
      "scheme": "CPV",
      "description": "Financial management consultancy services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission",
      "written"
    ],
    "otherRequirements": {
      "requiresStaffNamesAndQualifications": true
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://www.delta-esourcing.com/tenders/UK-title/8F22W4EAR7",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-65470",
      "name": "Office for Students",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKK1",
        "locality": "Bristol",
        "postalCode": "BS34 8SR",
        "countryName": "United Kingdom",
        "streetAddress": "Westward House, Lime Kiln Close, Stoke Gifford"
      },
      "details": {
        "url": "https://www.officeforstudents.org.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Office for Students"
      },
      "contactPoint": {
        "url": "https://www.delta-esourcing.com/tenders/UK-UK-Bristol:-Financial-management-consultancy-services./8F22W4EAR7",
        "name": "Paul Halsall",
        "email": "procurement@officeforstudents.org.uk",
        "telephone": "+44 1179317149"
      }
    },
    {
      "id": "GB-FTS-81040",
      "name": "Office for Students",
      "roles": [
        "reviewBody",
        "mediationBody",
        "reviewContactPoint"
      ],
      "address": {
        "locality": "Bristol",
        "postalCode": "BS34 8SR",
        "countryName": "United Kingdom",
        "streetAddress": "Westward House, Lime Kiln Close"
      },
      "identifier": {
        "legalName": "Office for Students"
      },
      "contactPoint": {
        "telephone": "+44 1179317149"
      }
    }
  ],
  "language": "en",
  "description": "The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.\nFor more information about this opportunity, please visit the Delta eSourcing portal at: \nhttps://www.delta-esourcing.com/tenders/UK-UK-Bristol:-Financial-management-consultancy-services./8F22W4EAR7\nTo respond to this opportunity, please click here: \nhttps://www.delta-esourcing.com/respond/8F22W4EAR7\n GO Reference: GO-2024729-PRO-27059488",
  "initiationType": "tender"
}