Consultancy Support to Voyager Value for Money Review - RM3745

Contract summary

Industry

• Financial consultancy services - 66171000

Location of contract

bs34 8jh

Value of contract

£236,000

Procurement reference

700010174

Published date

20 December 2019

Closing date

17 December 2019

Contract start date

18 December 2019

Contract end date

17 September 2020

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

AirTanker Ltd (ATr) recognises that the Authority needs to be satisfied that the Service Rates within the Voyager Concession Contract represent good value for money (VFM) for the provision of the Service throughout the Contract Term having regard to the principles of value for money prevailing as at the Date of Contract, and thus ATr has agreed to conduct a VFM review of its VFM Equity IRR at three VFM review dates, the first being the third anniversary following Full Service Delivery (FSD), which is in September 2019.DT will require specialist financial advice to assist with the assessment and application of complex financial models underlying the VFM Actual IRR calculation, and to also intelligently appraise the interpretation of the complex VFM Actual IRR formula calculation principles.

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More information

Attachments

• 20191217-Voyager700010174_Call_off_order_form_1_Signed_Redacted.pdf
• Arrangements for ending contract
• Crown Commercial services call off order form

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Award information

Awarded date

17 December 2019

Contract start date

18 December 2019

Contract end date

17 September 2020

Total value of contract

£236,000

This contract was awarded to 1 supplier.

Kpmg Audit Plc

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About the buyer

Contact name

Juliet Venn

Address

Voyager Delivery Team
Walnut 2 a Abbeywood
bristol
bs24 7fp
England

Telephone

030679 34644 ext 34644

Email

juliet.venn440@mod.gov.uk