Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Hyde Housing Association Ltd
IP18195R
30 Park Street
London
SE1 9EQ
UK
Contact person: Sanja Topalovic
Telephone: +44 2070892690
E-mail: Sanja.Topalovic@hyde-housing.co.uk
NUTS: UK
Internet address(es)
Main address: https://www.hyde-housing.co.uk
Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/119413
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Housing and community amenities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
2019/S 211-517049 Financial Advisory Services Framework
Reference number: VEAT
II.1.2) Main CPV code
66171000
II.1.3) Type of contract
Services
II.1.4) Short description
The Hyde Financial Advisory Services Framework is being extended by a further 6 months (from 31st March 2024 to 30th September 2024) to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.
The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
75 000 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
2019/S 211-517049 Financial Advisory Services Framework
II.2.2) Additional CPV code(s)
66121000
66122000
66600000
71241000
71242000
71244000
72221000
72224000
79200000
79211200
79212500
79220000
79311410
79314000
79410000
79411100
79412000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.
The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 70%
Cost criterion: Price
/ Weighting: 30%
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
II.2.14) Additional information
The Hyde Group believes the 6 month extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible.
Original Contract Notice ref: 2019/S 211-517049
Original Award Notice ref: 2020/S 158-386966
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.
The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*
IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 211-517049
IV.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
Section V: Award of contract
Lot No: 1
Title: Lot 1 : General Finance
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/03/2020
V.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Deloitte LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Ernst and Young LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Grant Thornton UK LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Mazars LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
KPMG LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 25 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Title: Lot 2 : Tax Advisory
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/04/2020
V.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Deloitte LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
KPMG LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Crowe U.K. LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Ernst and Young LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Grant Thornton UK LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
1.00
GBP
/ Highest offer:
25 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 3
Title: Lot 3 : Treasury Management
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/03/2020
V.2.2) Information about tenders
Number of tenders received: 11
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Savills UK Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
TradeRisks Lt
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
CBRE Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Newbridge Advisors LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Chatham Financial
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Deloitte LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Ernst and Young LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
N.M. Rothschild and Sons Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
1.00
GBP
/ Highest offer:
25 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 4
Title: Lot 4 : Financial Analysis
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/03/2020
V.2.2) Information about tenders
Number of tenders received: 12
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Savills UK Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
TradeRisks Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Deloitte LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Ernst and Young LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Grant Thornton UK LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Resolute Asset Management LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
CBRE Limited
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
KPMG LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Newbridge Advisors LLP
London
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.3) Name and address of the contractor
QMPF LLP
Edinburgh
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
1.00
GBP
/ Highest offer:
25 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 5
Title: Lot 5 : Real Estate and Strategic Asset Advisory
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/03/2020
V.2.2) Information about tenders
Number of tenders received: 10
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Faithorn Farrell Timms LLP
Orpington
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Resolute Asset Management LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Savills UK Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Deloitte LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Jones Lang LaSalle Ltd
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Ernst and Young LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
CBRE Limited
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Grant Thornton UK LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Mazars LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Cambridge Finance Ltd
London
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
1.00
GBP
/ Highest offer:
25 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The Hyde Financial Advisory Services Framework is being extended by a further 6 months to allow Hyde sufficient time to re-tender the requirement for a new Framework. The current framework covers a wide range of financial advisory services including general finance, tax advisory, treasury management, financial analysis and real estate and strategic asset advisory and is accessible by other public bodies throughout England and Wales.
The Hyde Group believes the extension does not amount to a material variation of the Framework for the purposes of Regulation 72(8), so is permissible. Original Contract Notice ref: 2019/S 211-517049 Original Award Notice ref: 2020/S 158-386966 *The Framework value has not been amended from the original award notice ref:2019/S 211-517049*
VI.4) Procedures for review
VI.4.1) Review body
Royal Courts of Justice
London
UK
VI.5) Date of dispatch of this notice
25/04/2024