Official UK procurement notice
Office for Students: Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers
Authority: Office for Students (Central government)
What is being bought
Published requirement descriptionThe 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.
CPV: Financial management consultancy services
How this framework works
From the published notice- Bids received
- 15 bids received · 5 suppliers appointed
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£4,000,000
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).
Published sub-criteria (5)
- Understanding of the requirements: 10%
- Ability to deliver: 30%
- Methodology: 20%
- Price: 30%
- Social Value: 10%
Published award criteria (5)
- Understanding of the requirements: 10
- Ability to deliver: 30
- Methodology: 20
- Social Value: 10
- Price: 30
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
- “Office for Students: Framework for the Assessment of Financial Risk…” is a framework: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open 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
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 29 Jul 2024, 16:05 BST
- Last source update
- 11 Dec 2024, 12:05 GMT
- Award evaluation window
- 9 Sept 2024 – …
- Authority reference
PRN2113- FTS notice number
2024/S 000-039892- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04859eFind a Tender
- Electronic trading
- e-invoicing allowed
Publisher note: 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. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909202115 GO Reference: GO-20241211-PRO-28852809
How it was run
Official notice- Appointment period ends
- 9 Sept 2024, 10:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 9 Sept 2024, 10:00 BST
Timeline
9 Sept 2024 → 11 Dec 2024 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown9 Sept 2024, 10:00 BST
- Bids opened9 Sept 2024, 10:00 BST
- Notice published11 Dec 2024, 12:05 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete11 Dec 2024, 12:05 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers
- Signed
- 10 Dec 2024
- Value
- £4,000,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 15bids | — | — | — |
Contracting authority & participating public bodies
Framework contractors & participating bidders
5 commercial parties on the notice- BDO LLPFramework contractor
- Deloitte LLPFramework contractor
- KPMG LLPFramework contractor
- PricewaterhouseCoopers LLPFramework contractor
- Teneo Financial Advisory LimitedFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria