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AwardedFind a Tender · award

Minimum Revenue Provision Operating Model Review

Buyer: Sheffield City Council →

BuyerSheffield City Council
StatusAwarded
DeadlineNot published
ValueValue not published
Published28 Nov 2024

What is being bought

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

Delivery location

UKE32

Categories

Financial and insurance services 66000000Financial and insurance services 66000000

Lot details

Lot 1

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

Statuscancelled

Award criteria
Quality — 50
price — 50

What is included

ItemCategoryQuantity
1Financial and insurance servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial and insurance services (66000000); 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 662,7583 median · 17.2 average (1,184 of 2,758 with a bid count)2.5 average (1,316 of 2,758 with named award suppliers)Not published
Same buyer91 median · 1.4 average (8 of 9 with a bid count)1 average (8 of 9 with named award suppliers)Not published
Delivery region: UKE32161 median · 4.6 average (12 of 16 with a bid count)1.1 average (12 of 16 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 rationaleA Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.
Rationale classificationsThe procurement falls outside the scope of application of the directive
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

Minimum Revenue Provision Operating Model Review

Statusactive
Value£215,000

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-04c0e5
Latest release ID038504-2024
Latest release timestampThu Nov 28 2024 16:37:52 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 release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
28 Nov 2024award, contract038504-2024

All source data

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

Complete current OCDS release JSON
{
  "id": "038504-2024",
  "tag": [
    "award",
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  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2024-11-28T16:37:52Z",
  "ocid": "ocds-h6vhtk-04c0e5",
  "buyer": {
    "id": "GB-FTS-35099",
    "name": "Sheffield City Council"
  },
  "awards": [
    {
      "id": "038504-2024-1-1",
      "title": "Minimum Revenue Provision Operating Model Review",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-131560",
          "name": "Link Treasury Services Ltd "
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "93636",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Quality",
              "type": "quality",
              "description": "50"
            },
            {
              "type": "price",
              "description": "50"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKE32"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          }
        ]
      }
    ],
    "title": "Minimum Revenue Provision Operating Model Review",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.",
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "A Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
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    ]
  },
  "parties": [
    {
      "id": "GB-FTS-35099",
      "name": "Sheffield City Council",
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        "postalCode": "S1 2HH",
        "countryName": "United Kingdom",
        "streetAddress": "Town Hall, Pinstone Street, "
      },
      "details": {
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        "classifications": [
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          {
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          }
        ]
      },
      "identifier": {
        "id": "(GB) 173 5488 38",
        "legalName": "Sheffield City Council"
      },
      "contactPoint": {
        "name": "Tim Dent",
        "email": "tim.dent@sheffield.gov.uk",
        "telephone": "+44 01142053646"
      }
    },
    {
      "id": "GB-FTS-131560",
      "name": "Link Treasury Services Ltd ",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "Leeds",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "Link Treasury Services Ltd "
      }
    },
    {
      "id": "GB-FTS-35101",
      "name": "Sheffield City Council",
      "roles": [
        "reviewBody",
        "mediationBody",
        "reviewContactPoint"
      ],
      "address": {
        "locality": "Sheffield",
        "countryName": "United Kingdom",
        "streetAddress": "Sheffield Town Hall, Pinstone Street,"
      },
      "details": {
        "url": "https://www.sheffield.gov.uk"
      },
      "identifier": {
        "legalName": "Sheffield City Council"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "038504-2024-1-1",
      "title": "Minimum Revenue Provision Operating Model Review",
      "value": {
        "amount": 215000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "038504-2024-1-1",
      "dateSigned": "2024-11-28T00:00:00Z"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
28 Nov 2024 · 038504-2024 · award, contract
{
  "id": "038504-2024",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
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  "ocid": "ocds-h6vhtk-04c0e5",
  "buyer": {
    "id": "GB-FTS-35099",
    "name": "Sheffield City Council"
  },
  "awards": [
    {
      "id": "038504-2024-1-1",
      "title": "Minimum Revenue Provision Operating Model Review",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-131560",
          "name": "Link Treasury Services Ltd "
        }
      ],
      "relatedLots": [
        "1"
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  "tender": {
    "id": "93636",
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        "hasOptions": false,
        "description": "Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Quality",
              "type": "quality",
              "description": "50"
            },
            {
              "type": "price",
              "description": "50"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
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          {
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            "id": "66000000",
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            "description": "Financial and insurance services"
          }
        ]
      }
    ],
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    "coveredBy": [
      "GPA"
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    "legalBasis": {
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    },
    "description": "Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.",
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "A Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-35099",
      "name": "Sheffield City Council",
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        "locality": "Sheffield",
        "postalCode": "S1 2HH",
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      },
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        "id": "(GB) 173 5488 38",
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      "id": "038504-2024-1-1",
      "title": "Minimum Revenue Provision Operating Model Review",
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      },
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}