Official UK procurement notice
Management Consultancy - Strategic Financial and Contingency Planning
Authority: University of Kent (Education)
Sectors: Financial and insurance services (66) Delivery: South East (UKJ4)
Awarded value£691,200published award · inc. VAT
Award in standstill 24 Jul 2025no call for competition
Award (standstill) to Extrashare Ltd
What is being bought
Published requirement descriptionProvision of specialist technical and commercial advisory services relating to financial matters.
£691,200 inc VAT
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 28 Jul 2025, 14:06 BST
- Last source update
- 28 Jul 2025, 14:15 BST
- Authority reference
25-025- FTS notice number
2025/S 000-043492- Latest notice
- Contract award notice (UK6)
- Delivery area
- Official registry OCID
ocds-h6vhtk-056720Find a Tender
- Why no open competition
- Single Suppliers Technical Reasons; Additional Repeat Further Following Competitive Procedure
- Published justification
Extrashare have previously provided financial advisory services to the University, and have a high degree of institutional and sector knowledge, combined with availability and good working relationships with stakeholders. This continuity of knowledge and working relationships at a critical time without any substantial interruption is necessary to maximise the best likely outcome for the institution.
How it was run
Official notice- Submission deadline
- —
Timeline
28 Jul 2025 → 7 Aug 2025 · 2 dates- Notice published28 Jul 2025, 14:15 BST
- Standstill ends7 Aug 2025, 23:59 BST
Notice history
3 events · 2 releases on Find a Tender · since 28 Jul 2025- Transparency notice published28 Jul 2025, 14:06 BSTUK5
- Contract award notice published28 Jul 2025, 14:15 BSTUK6
- Contract signature expected8 Aug 2025, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value (inc. VAT) £691,2001 award inc. VAT; no net value published
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Extrashare Ltd8 Aug 2025 – 31 Jul 2027 | £691,200 inc. VAT | 24 Jul 2025standstill to 7 Aug 2025 | Standstill |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Extrashare LtdAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedNotices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender