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AwardedFind a Tender · award

2019/S 211-517049 Financial Advisory Services Framework

Buyer: Hyde Housing Association Ltd →

BuyerHyde Housing Association Ltd
StatusAwarded
DeadlineNot published
ValueValue not published
Published25 Apr 2024

What is being bought

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. 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*

Delivery location

UK

Categories

Mergers and acquisition services 66121000Corporate finance and venture capital services 66122000Treasury services 66600000Feasibility study, advisory service, analysis 71241000Project and design preparation, estimation of costs 71242000Calculation of costs, monitoring of costs 71244000Business analysis consultancy services 72221000Project management consultancy services 72224000Accounting, auditing and fiscal services 79200000Compilation of financial statements services 79211200Accounting review services 79212500Fiscal services 79220000Economic impact assessment 79311410Feasibility study 79314000Business and management consultancy services 79410000Business development consultancy services 79411100Financial management consultancy services 79412000Financial consultancy services 66171000

Lot details

2019/S 211-517049 Financial Advisory Services Framework

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

Statuscancelled

Award criteria
Quality — 70%
Price — 30%

What is included

ItemCategoryQuantity
1Mergers and acquisition services, Corporate finance and venture capital services, Treasury services, Feasibility study, advisory service, analysis, Project and design preparation, estimation of costs, Calculation of costs, monitoring of costs, Business analysis consultancy services, Project management consultancy services, Accounting, auditing and fiscal services, Compilation of financial statements services, Accounting review services, Fiscal services, Economic impact assessment, Feasibility study, Business and management consultancy services, Business development consultancy services, Financial management consultancy servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Mergers and acquisition services (66121000); 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 662,5803 median · 15 average (1,100 of 2,580 with a bid count)2.5 average (1,220 of 2,580 with named award suppliers)Not published
Same buyer216 median · 16 average (2 of 2 with a bid count)8 average (2 of 2 with named award suppliers)Not published
Delivery region: UK8355 median · 20.2 average (315 of 835 with a bid count)3.1 average (352 of 835 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 agreementYes
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThe 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*
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byNot published
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

Lot 1 : General Finance

Statusactive
Value£25,000,000

Lot 2 : Tax Advisory

Statusactive

Lot 3 : Treasury Management

Statusactive

Lot 4 : Financial Analysis

Statusactive

Lot 5 : Real Estate and Strategic Asset Advisory

Statusactive

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-045539
Latest release ID013498-2024
Latest release timestampThu Apr 25 2024 15:19:07 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
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 release5
Contracts in latest release5
Parties in latest release21

Notice history

DateEventReference
25 Apr 2024award, contract013498-2024

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 (1 releases)
25 Apr 2024 · 013498-2024 · award, contract
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        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "TradeRisks Lt"
      }
    },
    {
      "id": "GB-FTS-99441",
      "name": "CBRE Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "CBRE Ltd"
      }
    },
    {
      "id": "GB-FTS-112064",
      "name": "Newbridge Advisors LLP",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Newbridge Advisors LLP"
      }
    },
    {
      "id": "GB-FTS-112065",
      "name": "Chatham Financial",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Chatham Financial"
      }
    },
    {
      "id": "GB-FTS-112066",
      "name": "N.M. Rothschild and Sons Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "N.M. Rothschild and Sons Ltd"
      }
    },
    {
      "id": "GB-FTS-112067",
      "name": "TradeRisks Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "TradeRisks Ltd"
      }
    },
    {
      "id": "GB-FTS-112068",
      "name": "Resolute Asset Management LLP",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Resolute Asset Management LLP"
      }
    },
    {
      "id": "GB-FTS-55854",
      "name": "CBRE Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "CBRE Limited"
      }
    },
    {
      "id": "GB-FTS-112069",
      "name": "QMPF LLP",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "Edinburgh",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "QMPF LLP"
      }
    },
    {
      "id": "GB-FTS-55859",
      "name": "Jones Lang LaSalle Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Jones Lang LaSalle Ltd"
      }
    },
    {
      "id": "GB-FTS-112070",
      "name": "Cambridge Finance Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "Cambridge Finance Ltd"
      }
    },
    {
      "id": "GB-FTS-92",
      "name": "Royal Courts of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal Courts of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "013498-2024-1",
      "title": "Lot 1 : General Finance",
      "value": {
        "amount": 25000000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "013498-2024-1",
      "dateSigned": "2020-03-30T00:00:00+01:00"
    },
    {
      "id": "013498-2024-2",
      "title": "Lot 2 : Tax Advisory",
      "status": "active",
      "awardID": "013498-2024-2",
      "dateSigned": "2020-04-30T00:00:00+01:00"
    },
    {
      "id": "013498-2024-3",
      "title": "Lot 3 : Treasury Management",
      "status": "active",
      "awardID": "013498-2024-3",
      "dateSigned": "2020-03-30T00:00:00+01:00"
    },
    {
      "id": "013498-2024-4",
      "title": "Lot 4 : Financial Analysis",
      "status": "active",
      "awardID": "013498-2024-4",
      "dateSigned": "2020-03-30T00:00:00+01:00"
    },
    {
      "id": "013498-2024-5",
      "title": "Lot 5 : Real Estate and Strategic Asset Advisory",
      "status": "active",
      "awardID": "013498-2024-5",
      "dateSigned": "2020-03-30T00:00:00+01:00"
    }
  ],
  "description": "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.\nThe 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*",
  "initiationType": "tender"
}