Published date: 20 September 2021

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 21 June 2021, 10am

Contract summary

Industry

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

Any region

Value of contract

£5,600,000

Procurement reference

tender_275678/998705

Published date

20 September 2021

Closing date

21 June 2021

Closing time

10am

Contract start date

3 September 2021

Contract end date

3 September 2024

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The Secretary of State for the Department for International Trade (DIT) on behalf of The Department for UK Export Finance (UKEF) (the "Customer"), has a requirement for Financial Reporting Changes - phases 3&4.

The full specification is provided with the contract document, but in summary the requirement is for the provision of an experienced Delivery Partner with a broad range of capabilities and experience to assist with a project to ensure compliance with two financial standards IFRS 9 and IFRS 17 (collectively referred to as the Standards). The Delivery Partner will design a programme to help the Customer implement the Standards and then assist the Customer in implementing the programme (the Programme).

The contract shall be for a period of 3 years, with the contractual option(s) to extend by a further 12 months. The requirement has an estimated total value of £8.5m (ex-VAT). Total estimated Year 1 fees will be £5.6m.

More information

Attachments

Award information

Awarded date

3 September 2021

Contract start date

3 September 2021

Contract end date

3 September 2024

Total value of contract

£8,500,000

This contract was awarded to 1 supplier.

PricewaterhouseCoopers LLP

Address

1 Embankment Place, London WC2N 6RH

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Old Admiralty Building
London
SW1A 2DY
England

Email

CommercialResearchandConsultancy@trade.gov.uk