Find a TenderAwarded
Published 29 Jul 2024, 18:49 BST

Official UK procurement notice

Financial Advisory Services Framework

Official notice

Authority: The Hyde Group (Public body)

Framework agreement4 lotsServicesOpen procedure
Framework ceiling (notional)£360,000,000total for 4 lots · framework ceiling, not attributable revenue
Submissions closed 4 Sept 2024awarded 15 Nov 2024
Lots 4see the lot list below

What is being bought4 lots · detail below

Published requirement description

It is Hyde’s intention to create a framework agreement for the supply of financial advisory services. The framework is intended to cover a wide range of financial advisory services including General Finance, Tax Advisory, Treasury Management and Real Estate Financial Analysis and Strategic Asset Advisory.

  • Recurrence: 4 years

CPV: Accounting review services · Accounting, auditing and fiscal services · Business analysis consultancy services · Business and management consultancy services · Business development consultancy services · Calculation of costs, monitoring of costs · Compilation of financial statements services · Corporate finance and venture capital services · Economic impact assessment · Evaluation consultancy services · Feasibility study · Feasibility study, advisory service, analysis · +10 more

How this framework works

From the published notice
Places
up to 10 suppliers · 12 bids on the busiest of 4 lots (1.2 per place) · 14 appointed (full)

Lots and requirements (4)Procurement structure

4 lots · 1 with a published value · same evaluation weights on every lot

What it takes to win
i

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 more
How bids were scored · same split on all 4 lots
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70%
  • Price: 30%
Conditions of participation3
  • Suitability

    Refer to tender documents.

  • Economic & financial standing

    Refer to tender documents.

    Minimum: Refer to tender documents.
  • Technical & professional ability

    Refer to tender documents.

    Minimum: Refer to tender documents.
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
  • “Financial Advisory Services Framework” is a framework: the contest is a place on its panel, up to 10 suppliers, 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
Unspecified in notice
Recurring procurement
Yes · 4 years
First published
29 Jul 2024, 18:49 BST
Last source update
18 Feb 2025, 10:16 GMT
Award evaluation window
4 Sept 2024 – …
FTS notice number
2025/S 000-005523
Classification (CPV)
Accounting review servicesAccounting, auditing and fiscal servicesBusiness analysis consultancy servicesBusiness and management consultancy servicesBusiness development consultancy servicesCalculation of costs, monitoring of costsCompilation of financial statements servicesCorporate finance and venture capital servicesEconomic impact assessmentEvaluation consultancy services
+12 moreFeasibility studyFeasibility study, advisory service, analysis
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0485a9 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Performance terms

Refer to tender documents.

Publisher note: Any contracting Authority, as defined in Regulation 2 of the Public Contracts Regulations 2015, may utilise our frameworks. The list below covers all current and future contracting authorities:. • (https://www.ons.gov.uk/methodology/classificationsandstandards/economicstatisticsclassifications/introductiontoeconomicstatisticsclassifications) • Housing associations, including registered social landlords • Councils, including county councils, district councils, county borough councils, community councils, London borough councils, unitary councils, metropolitan councils, parish councils • Ministerial and non-ministerial government departments • Executive agencies of government and other subsidiary bodies • Non-Departmental Public Bodies (NDPBs), including advisory NDPBs, executive NDPBs, and tribunal NDPBs • All non-Crown Status Government Companies wholly or partly owned by central government departments and their subsidiaries • Assembly Sponsored Public Bodies (ASPBs) • Police forces - this includes Police Forces and Special Police Forces in the UK, Police and Crime Commissioners, Police Authorities, and other relevant legislation for the constituent parts of the United Kingdom, for their respective rights and interests.Fire and rescue services • Ambulance services • Maritime and coastguard agency services • NHS bodies: NHS Authorities and Trusts, Clinical commissioning groups • Educational bodies or establishments including state schools (nursery schools, primary schools, middle or high schools, secondary schools, special schools), academies, colleges, Pupil Referral Unit (PRU), further education colleges and universities • Hospices • National Parks • Third sector and charities • Local Enterprise Partnerships • Citizens advice bodies • Other Public Bodies and Public corporations and their subsidiary bodies sponsored by Central Government Departments which are not covered by named categories in this list • Public financial bodies or institutions • Public pension funds • Central banks • Civil service bodies, including public sector buying organisations • All new bodies created which fall within the criteria or as listed on www.nationalframeworkpartnership.co.uk

How it was run

Official notice
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Appointment period ends
4 Sept 2024, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
4 Sept 2024, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

4 Sept 2024 → 18 Feb 2025 · 3 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    4 Sept 2024, 12:00 BST
  2. Bids opened
    4 Sept 2024, 12:00 BST
  3. Notice published
    18 Feb 2025, 10:16 GMT

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    18 Feb 2025, 10:16 GMT
Published amendments (1)

As per the tender documents: Any contracting Authority, as defined in Regulation 2 of the Public Contracts Regulations 2015, may utilise our frameworks. The list below covers all current and future contracting authorities:. •(https://www.ons.gov.uk/methodology/classificationsandstandards/economicstatisticsclassifications/introductiontoeconomicstatisticsclassifications) • Housing associations, incl…

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 14admitted to the panel · see the list ↓
Bids received 12busiest of 4 lots
Contracts signed 4latest 15 Nov 2024

4 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

All 4 of these contracts carry the same published figure, £360,000,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.

  • LOT 1 - General Finance

    Signed
    15 Nov 2024
    Value
    ceiling above
    Status
    active
  • Lot 2 - Tax Advisory

    Signed
    15 Nov 2024
    Value
    ceiling above
    Status
    active
  • Lot 3 - Treasury

    Signed
    15 Nov 2024
    Value
    ceiling above
    Status
    active
  • Lot 4 - Real Estate Financial Analysis and Strategic Asset Advisory

    Signed
    15 Nov 2024
    Value
    ceiling above
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · General Finance4bids———
2 · Tax Advisory6bids———
3 · Treasury8bids———
4 · Real Estate Financial Analysis and Strategic Asset Advisory12bids———

Contracting authority & participating public bodies

Hyde Housing Association Ltd

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities IP18195R 30 Park Street, London, UK, SE1 9EQContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body LondonContact phone

Framework contractors & participating bidders

15 commercial parties on the notice
Show 5 more suppliers

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.