Official UK procurement notice
Provision of support services for TRAC and understanding academic and financial sustainability of the UK higher education sector
Authority: Office for Students (Central government)
What is being bought
Published requirement descriptionThe Office for Students, on behalf of the UK wide Regulators and Funders Financial Sustainability Group (RFG) is seeking to identify a contractor capable of delivering support services to the Transparent Approach to Costing (TRAC) Development Group (TDG) and UK higher education sector stakeholders (including UK higher education funding and regulatory bodies) and providing a central support function for TRAC.
CPV: Financial management consultancy services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£2,083,333
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 award criteria (2)
- Price
- Quality
- Price carries 24 of 100 points: a 10% discount moves about 2.4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 11 Mar 2026, 15:24 GMT
- Last source update
- 21 Sept 2026, 11:42 BST
- Award evaluation window
- Submission end – 7 Jul 2026
- Authority reference
PRN2511- FTS notice number
2026/S 000-041789- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-066777Find a Tender
How it was run
Official notice- Submission deadline
- 3 Jun 2026, 11:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
11 Mar 2026 → 21 Sept 2026 · 10 dates- Planning notice published226 days ago11 Mar 2026, 15:24 GMT
- Market engagement210 days ago27 Mar 2026, 23:59 GMT
See the questionnaire hosted in Delta. The OfS is interested in suppliers views on the proposed up coming procurement process, to put in place a contract for the provision of support services for TRAC and understanding academic and financial sustainability of the UK higher education sector. Suppliers are asked to complete the questionnaire and return it by Friday 27 March.
- Next notice expected191 days ago15 Apr 2026, 23:59 BST
- Tender notice published169 days ago7 May 2026, 10:38 BST
- Submission deadline142 days ago3 Jun 2026, 11:00 BST
- Award decision expected by108 days ago7 Jul 2026, 23:59 BST
- Assessment summaries sent96 days ago20 Jul 2026, 00:00 BST
- Contract starts96 days ago20 Jul 2026, 00:00 BST
- Standstill ends86 days ago29 Jul 2026, 23:59 BST
- Latest notice published32 days ago21 Sept 2026, 11:42 BST
Notice history
9 events · 4 releases on Find a Tender · since 11 Mar 2026- Preliminary market engagement notice published11 Mar 2026, 15:24 GMTUK2
- Tender notice published7 May 2026, 10:38 BSTUK4
- Status changed to active7 May 2026, 10:38 BST
- Procurement method changed7 May 2026, 10:38 BST
- Deadline published: 3 Jun 2026, 11:00 BST7 May 2026, 10:38 BST
- Contract award notice published20 Jul 2026, 15:52 BSTUK6
- Status changed to complete20 Jul 2026, 15:52 BST
- Contract signature expected31 Aug 2026, 23:59 BSTscheduled
- Contract details notice published21 Sept 2026, 11:42 BSTUK7
Routine re-releases (4)
- 2026-03: 1 release · 11 Mar 2026
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| KPMG15 Sept 2026 – 14 Sept 2028 · up to 14 Sept 2030Extensions: Extension for a further 2 years. | £2,083,333 | 20 Jul 2026 | Awarded |
Contracts
Contract 1 · KPMG
- Signed
- 11 Sept 2026
- Value
- £2,083,333
- Period
- 15 Sept 2026 – 14 Sept 2028 · up to 14 Sept 2030 with extensions
- Status
- active
- Extensions
- Extension for a further 2 years.
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- KPMG LLPAwarded supplier
Official documents & specifications (4)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender