Contract

Office for Students: Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

  • Office for Students

F03: Contract award notice

Notice identifier: 2024/S 000-039892

Procurement identifier (OCID): ocds-h6vhtk-04859e

Published 11 December 2024, 12:05pm



Section one: Contracting authority

one.1) Name and addresses

Office for Students

Westward House, Lime Kiln Close, Stoke Gifford

Bristol

BS34 8SR

Contact

Paul Halsall

Email

procurement@officeforstudents.org.uk

Telephone

+44 1179317149

Country

United Kingdom

Region code

UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area

Internet address(es)

Main address

https://www.officeforstudents.org.uk

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Office for Students: Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

Reference number

PRN2113

two.1.2) Main CPV code

  • 79412000 - Financial management consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers.

two.1.6) Information about lots

This contract is divided into lots: No

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

Value excluding VAT: £4,000,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
Main site or place of performance

Gloucestershire, Wiltshire and Bristol/Bath area

two.2.4) Description of the procurement

The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers

two.2.5) Award criteria

Quality criterion - Name: Understanding of the requirements / Weighting: 10

Quality criterion - Name: Ability to deliver / Weighting: 30

Quality criterion - Name: Methodology / Weighting: 20

Quality criterion - Name: Social Value / Weighting: 10

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


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

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

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-023646


Section five. Award of contract

Contract No

PRN2113

Title

Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

10 December 2024

five.2.2) Information about tenders

Number of tenders received: 15

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

five.2.3) Name and address of the contractor

PricewaterhouseCoopers LLP

7 More London Place

London

SE1 2RT

Country

United Kingdom

NUTS code
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
National registration number

OC303525

The contractor is an SME

No

five.2.3) Name and address of the contractor

BDO LLP

55 Baker Street

London

W1U 7EU

Country

United Kingdom

NUTS code
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
National registration number

OC305127

The contractor is an SME

No

five.2.3) Name and address of the contractor

KPMG LLP

15 Canada Square, Canary Wharf

London

E14 5GL

Country

United Kingdom

NUTS code
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
National registration number

OC301540

The contractor is an SME

No

five.2.3) Name and address of the contractor

Teneo Financial Advisory Limited

The Carter Building, 11 Pilgrim Street

London

EC4V 6RN

Country

United Kingdom

NUTS code
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
National registration number

13192958

The contractor is an SME

No

five.2.3) Name and address of the contractor

Deloitte LLP

1 New Street Square

London

EC4A 3HQ

Country

United Kingdom

NUTS code
  • UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
National registration number

OC303675

The contractor is an SME

No

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

Initial estimated total value of the contract/lot: £4,000,000

Total value of the contract/lot: £4,000,000


Section six. Complementary information

six.3) Additional information

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

To view this notice, please click here:

https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909202115

GO Reference: GO-20241211-PRO-28852809

six.4) Procedures for review

six.4.1) Review body

Office for Students

Westward House, Lime Kiln Close

Bristol

BS34 8SR

Telephone

+44 1179317149

Country

United Kingdom

six.4.2) Body responsible for mediation procedures

Office for Students

Westward House, Lime Kiln Close

Bristol

BS34 8SR

Telephone

+44 1179317149

Country

United Kingdom

six.4.4) Service from which information about the review procedure may be obtained

Office for Students

Westward House, Lime Kiln Close

Bristol

BS34 8SR

Telephone

+44 1179317149

Country

United Kingdom