Scope
Reference
TVCA-PROC-0644
Description
An individual to lead the groups finance function and resources function and be the Section 73 officer for TVCA Group. To take executive responsibility for the Finance and Resources Directorate which encompasses the following functions:
Finance
Legal and Governance and Procurement
Performance, Risk and Assurance.
Contract 1. Interim Group Director of Finance and Resources
Supplier
Contract value
- £260,715 excluding VAT
- £312,858 including VAT
Above the relevant threshold
Earliest date the contract will be signed
28 July 2025
Contract dates (estimated)
- 28 July 2025 to 25 July 2026
- Possible extension to 23 January 2027
- 1 year, 5 months, 27 days
Description of possible extension:
This extension can be used if the combined authority has been unsuccessful in there recruitment process to hire a suitable permanent candidate to the role.
Main procurement category
Services
CPV classifications
- 79600000 - Recruitment services
Contract locations
- UKC1 - Tees Valley and Durham
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Extreme and unavoidable urgency
Section 73 officer is an essential requirement for the running of a combined authority and is therefore an urgent need. Given the specialist nature of the work and the need to appoint an individual with significant experience and the required expertise/skill set, given the challenges facing the authority, there is considered to be strong justification in working directly with Penna PLC.
Supplier
Penna PLC
- Companies House: 01918150
10 Bishops Square
London
E1 6EG
United Kingdom
Email: execapplications@penna.com
Region: UKI42 - Tower Hamlets
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. Interim Group Director of Finance and Resources
Contracting authority
Tees Valley Combined Authority
- Public Procurement Organisation Number: PDNG-8971-ZVCR
Teesside Airport Business Suite, Teesside International Airport
Darlington
DL2 1NJ
United Kingdom
Region: UKC13 - Darlington
Organisation type: Public authority - sub-central government