Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Contract Award Notice

Finance Consultancy

  • First published: 02 June 2022
  • Last modified: 02 June 2022
  • Version: N/A
  •  

  • This file may not be fully accessible.

  •  

Information icon

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-034274
Published by:
University of Ulster
Authority ID:
AA20018
Publication date:
02 June 2022
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The University is currently going through a period of change with new senior management at the helm. A new strategic plan is currently being developed and our approach within Finance is evolving to align. We are also taking the opportunity to look at our teams across the sections within Finance to redesign and improve services we provide. This will be an ongoing process over the next few years as we adapt each of our sections to meet the needs of stakeholders.

The initial area for development is Management Accounts. The team currently provides professional financial management support service to the four faculties and professional services departments within the University. Services provided include preparing the financial forecasts, controlling the budget setting process, providing financial management information and assisting with preparation of business plans and economic appraisals.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

University of Ulster

NIC100166

Block X Room X031, Cromore Road

Coleraine

BT52 1SA

UK

Telephone: +44 2870124227

E-mail: cm.egan@ulster.ac.uk

NUTS: UKN0

Internet address(es)

Main address: www.ulster.ac.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Education

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Finance Consultancy

Reference number: RM6197 Management Consultancy - Lot 4 finance

II.1.2) Main CPV code

79400000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Finance Consultancy

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 174 300.00  GBP

II.2) Description

II.2.2) Additional CPV code(s)

66171000

79210000

79311400

79311410

II.2.3) Place of performance

NUTS code:

UKN0

II.2.4) Description of the procurement

The University is currently going through a period of change with new senior management at the helm. A new strategic plan is currently being developed and our approach within Finance is evolving to align. We are also taking the opportunity to look at our teams across the sections within Finance to redesign and improve services we provide. This will be an ongoing process over the next few years as we adapt each of our sections to meet the needs of stakeholders.

The initial area for development is Management Accounts. The team currently provides professional financial management support service to the four faculties and professional services departments within the University. Services provided include preparing the financial forecasts, controlling the budget setting process, providing financial management information and assisting with preparation of business plans and economic appraisals.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

Call off Contract - starts from 20 June 2022 for an initial period of 2 years to 19 June 2024. With option to extend out to end of framework agreement (23 August 2025)

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

This Call -off Contract was awarded as a Direct Award under CCS - Management Consultancy Framework (MCF3) RM6197 - Lot 4 Finance

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

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: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2021/S 188-490415

Section V: Award of contract

Title: Finance Consulancy

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

30/05/2022

V.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from non-EU Member States: 1

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

KOSI Corporation Ltd

NI602553

KOSI House, 3 The Old Gasworks

Newry

BT342DH

UK

NUTS: UKN0

The contractor is an SME: Yes

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 173 400.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

RM6187 - Lot 4 Call off Commencement date 20 June 2022.

The anticipated spend on this contract is approximately £173,400 over the contract period; however, the University cannot give any guarantee as to the future value or volume of business awarded through this contract. The University reserves the right to modify this contract, under Regulation 72(1)(a) of the Public Contract Regulations 2015, in events of higher or lower spend necessitated by unexpected occurrences.

VI.4) Procedures for review

VI.4.1) Review body

High Court of Justice in Northern Ireland

Royal Courts of Justice, Chichester Street

Belfast

BT13JY

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

Public Contract Regulations 2015 provide for agreed partied who have been harmed or at of risk from harm by a breach of the rules to take action in the High Court (NI).

VI.5) Date of dispatch of this notice

01/06/2022

Coding

Commodity categories

ID Title Parent category
79210000 Accounting and auditing services Accounting, auditing and fiscal services
79400000 Business and management consultancy and related services Business services: law, marketing, consulting, recruitment, printing and security
79311410 Economic impact assessment Survey services
79311400 Economic research services Survey services
66171000 Financial consultancy services Financial consultancy, financial transaction processing and clearing-house services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
cm.egan@ulster.ac.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.