Official UK procurement notice
Financial Advisory Services Framework
Authority: The Hyde Group (Public body)
What is being bought4 lots · detail below
Published requirement descriptionIt 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 lotLot #1General FinanceAwardedPublished value£360,000,000
Lot #2Tax AdvisoryAwardedLot estimate not published
Lot #3TreasuryAwardedLot estimate not published
Lot #4Real Estate Financial Analysis and Strategic Asset AdvisoryAwardedLot estimate not published
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)
- Quality: 70%
- Price: 30%
- 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.
- 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)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0485a9Find a Tender
- 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- Appointment period ends
- 4 Sept 2024, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 4 Sept 2024, 12:00 BST
Timeline
4 Sept 2024 → 18 Feb 2025 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown4 Sept 2024, 12:00 BST
- Bids opened4 Sept 2024, 12:00 BST
- Notice published18 Feb 2025, 10:16 GMT
Notice history
1 event · 3 releases on Find a Tender- Status changed to complete18 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 forecast4 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
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · General Finance | 4bids | — | — | — |
| 2 · Tax Advisory | 6bids | — | — | — |
| 3 · Treasury | 8bids | — | — | — |
| 4 · Real Estate Financial Analysis and Strategic Asset Advisory | 12bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
Framework contractors & participating bidders
15 commercial parties on the notice- 31TEN CONSULTING LIMITEDFramework contractor
- CBRE LIMITEDFramework contractor
- CENTRUS FINANCIAL ADVISORS LIMITEDFramework contractor
- CHATHAM FINANCIAL EUROPE LTDFramework contractor
- CUBED TAX SUPPORT LIMITEDFramework contractor
- ERNST & YOUNG LLPFramework contractor
- FAITHORN FARRELL TIMMS LLPFramework contractor
- JONES LANG LASALLE LIMITEDFramework contractor
- KPMG LLPFramework contractor
- NEWBRIDGE ADVISORS LLPFramework contractor
Show 5 more suppliers
- PRICEWATERHOUSECOOPERS LLPFramework contractor
- PRICEWATERHOUSECOOPERS LLPFramework contractor
- RESAM CONSULTING LIMITEDFramework contractor
- RSM UK TAX AND ADVISORY SERVICES LLPFramework contractor
- SAVILLS (UK) LIMITEDFramework contractor
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.