Awarded contract

2019/S 211-517049 Financial Advisory Services Framework

  • Hyde Housing Association Ltd

F03: Contract award notice

Notice reference: 2024/S 000-013498

Published 25 April 2024, 4:19pm



Section one: Contracting authority

one.1) Name and addresses

Hyde Housing Association Ltd

30 Park Street

London

SE1 9EQ

Contact

Sanja Topalovic

Email

Sanja.Topalovic@hyde-housing.co.uk

Telephone

+44 2070892690

Country

United Kingdom

NUTS code

UK - United Kingdom

National registration number

IP18195R

Internet address(es)

Main address

https://www.hyde-housing.co.uk

Buyer's address

https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/119413

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Housing and community amenities


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

2019/S 211-517049 Financial Advisory Services Framework

Reference number

VEAT

two.1.2) Main CPV code

  • 66171000 - Financial consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

The Hyde Financial Advisory Services Framework is being extended by a further 6 months (from 31st March 2024 to 30th September 2024) to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

two.1.6) Information about lots

This contract is divided into lots: Yes

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £75,000,000

two.2) Description

two.2.1) Title

2019/S 211-517049 Financial Advisory Services Framework

Lot No

1

two.2.2) Additional CPV code(s)

  • 66121000 - Mergers and acquisition services
  • 66122000 - Corporate finance and venture capital services
  • 66600000 - Treasury services
  • 71241000 - Feasibility study, advisory service, analysis
  • 71242000 - Project and design preparation, estimation of costs
  • 71244000 - Calculation of costs, monitoring of costs
  • 72221000 - Business analysis consultancy services
  • 72224000 - Project management consultancy services
  • 79200000 - Accounting, auditing and fiscal services
  • 79211200 - Compilation of financial statements services
  • 79212500 - Accounting review services
  • 79220000 - Fiscal services
  • 79311410 - Economic impact assessment
  • 79314000 - Feasibility study
  • 79410000 - Business and management consultancy services
  • 79411100 - Business development consultancy services
  • 79412000 - Financial management consultancy services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70%

Cost criterion - Name: Price / Weighting: 30%

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2.14) Additional information

The Hyde Group believes the 6 month extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible.

Original Contract Notice ref: 2019/S 211-517049

Original Award Notice ref: 2020/S 158-386966


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • The procurement falls outside the scope of application of the regulations

Explanation:

The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

four.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2019/S 211-517049

four.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice


Section five. Award of contract

Lot No

1

Title

Lot 1 : General Finance

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 March 2020

five.2.2) Information about tenders

Number of tenders received: 5

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Deloitte LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Ernst and Young LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Grant Thornton UK LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Mazars LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

KPMG LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £25,000,000


Section five. Award of contract

Lot No

2

Title

Lot 2 : Tax Advisory

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 April 2020

five.2.2) Information about tenders

Number of tenders received: 5

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Deloitte LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

KPMG LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Crowe U.K. LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Ernst and Young LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Grant Thornton UK LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Lowest offer: £1 / Highest offer: £25,000,000 taken into consideration


Section five. Award of contract

Lot No

3

Title

Lot 3 : Treasury Management

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 March 2020

five.2.2) Information about tenders

Number of tenders received: 11

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Savills UK Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

TradeRisks Lt

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

CBRE Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Newbridge Advisors LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Chatham Financial

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Deloitte LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Ernst and Young LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

N.M. Rothschild and Sons Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Lowest offer: £1 / Highest offer: £25,000,000 taken into consideration


Section five. Award of contract

Lot No

4

Title

Lot 4 : Financial Analysis

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 March 2020

five.2.2) Information about tenders

Number of tenders received: 12

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Savills UK Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

TradeRisks Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Deloitte LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Ernst and Young LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Grant Thornton UK LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Resolute Asset Management LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

CBRE Limited

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

KPMG LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Newbridge Advisors LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

Yes

five.2.3) Name and address of the contractor

QMPF LLP

Edinburgh

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Lowest offer: £1 / Highest offer: £25,000,000 taken into consideration


Section five. Award of contract

Lot No

5

Title

Lot 5 : Real Estate and Strategic Asset Advisory

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

30 March 2020

five.2.2) Information about tenders

Number of tenders received: 10

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Faithorn Farrell Timms LLP

Orpington

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Resolute Asset Management LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Savills UK Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Deloitte LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Jones Lang LaSalle Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Ernst and Young LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

CBRE Limited

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Grant Thornton UK LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Mazars LLP

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.3) Name and address of the contractor

Cambridge Finance Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Lowest offer: £1 / Highest offer: £25,000,000 taken into consideration


Section six. Complementary information

six.3) Additional information

The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.

The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*

six.4) Procedures for review

six.4.1) Review body

Royal Courts of Justice

London

Country

United Kingdom