Scope
Reference
25/FIN/29
Description
Provision of advice and support to the University's senior management team.
The value of the contract provided is an estimate and not guaranteed and may go up or down depending on performance outcomes.
Contract 1. 25/FIN/29
Supplier
Contract value
- £241,000 excluding VAT
- £289,200 including VAT
Above the relevant threshold
Earliest date the contract will be signed
25 September 2025
Contract dates (estimated)
- 26 September 2025 to 31 December 2025
- 3 months, 5 days
Main procurement category
Services
Options
The right to additional purchases while the contract is valid.
Initial contract value is £48,000 but value may increase to the maximum stated dependant upon project outcomes.
CPV classifications
- 66171000 - Financial consultancy services
Contract locations
- UKJ32 - Southampton
Other information
Description of risks to contract performance
Whilst not anticipated, it is unknown at this point in time if a further period of consultancy may be required, therefore contract may be extended but period unknown as yet.
The University considers this project to be commercially sensitive.
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
User choice contract
Certain/intimate knowledge of the University is required for this project and Interpath have this knowledge through their work on similar projects under a previous contract which was awarded via a framework agreement which was not available on this occasion. Value of the contract will depend upon project outcomes and will vary between a minimum of £48,000 and a maximum of £241,000 ex VAT
Supplier
Interpath Advisory Ltd
- Companies House: 13225134
10 Grosvenor Street
London
W1K 4QB
United Kingdom
Email: Ian.Ackroyd@interpath.com
Region: UKI32 - Westminster
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Contract 1. 25/FIN/29
Contracting authority
Southampton Solent University
- Public Procurement Organisation Number: PRYP-4729-BYJL
East Park Terrace
Southampton
SO14 0YN
United Kingdom
Email: finance.procurement@solent.ac.uk
Website: http://www.solent.ac.uk
Region: UKJ32 - Southampton
Organisation type: Public authority - sub-central government