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
Award decision date
25 September 2025
Standstill period
- End: 16 October 2025
- 8 working days
Earliest date the contract will be signed
17 October 2025
Contract dates (estimated)
- 17 October 2025 to 31 December 2025
- Possible extension to 31 July 2026
- 9 months, 15 days
Description of possible extension:
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.
The University elected to not hold a voluntary standstill period due to the urgency of this project and under PA2023 typically direct awards are exempt from mandatory standstill. However the CDP system does not allow us to enter the backdated dates as insisting on applying the standstill date to this notice from todays date or date in future. This contract was awarded on 25th September 2025 and was signed on 26th September 2025 as was stated in the Transparency notice associated with this award notice. Therefore the dates in this notice are incorrect with regards to contract signature.
The contract details notice will follow.
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
Procedure
Procedure type
Direct award
Supplier
Interpath Ltd trading as Interpath Advisory
- Companies House: 13225134
10 Fleet Place
London
EC4M 7RB
United Kingdom
Email: Ian.Ackroyd@interpath.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: 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