Closed tender

Highways consultancy services

Details

Value
GBP 600,000
Topic
Financial consultancy services
Published
15 December 2020
Submission
26 January 2021

Tender description

The Isle of Wight Council (‘the Authority’) invites Tenders from suitably qualified suppliers (‘Potential Suppliers’) for the provision of programme management support for the Isle of Wight Highways PFI contract. This procurement follows the OJEU Open Procedure under the Public Contract Regulations 2015. The Highways Private Finance Initiative (PFI) Contract will be in its ninth year in April 2021 and the Authority requires commercial and strategic contractual consultancy services, with extensive expertise in high value Highways PFI Contracts, for the provision of financial and commercial contract support. The successful supplier will be required to complete Phase 1 and 2 of the Savings Programme, commence and complete Phase 3 and provide strategic contract management support including Milestone certification process, resolution of historical and any emerging contractual disputes. Due to ongoing budgetary pressures across the Authority, it entered into an agreement with the PFI contract Special Purpose Vehicle (SPV) to launch a joint savings programme in January 2018 to deliver financial savings of cGBP 2 million pa from the PFI contract. The savings programme was commissioned to be delivered in phases and the Authority appointed external consultancy support for the delivery of Phases 1 and 2. The current contract for phase 1 and 2 is now coming to an end and the Authority now wishes to engage with a Supplier to progress the next stages. The Isle of Wight Council (‘the Authority’) invites tenders from suitably qualified suppliers (‘Potential Suppliers’) for the provision of programme management support for the Isle of Wight Highways PFI Contract. This procurement follows the OJEU open procedure under the Public Contract Regulations 2015. The Highways Private Finance Initiative (PFI) Contract will be in its ninth year in April 2021 and the Authority requires commercial and strategic contractual consultancy services, with extensive expertise in high value Highways PFI Contracts, for the provision of financial and commercial contract support. The successful supplier will be required to complete Phase 1 and 2 of the Savings Programme, commence and complete Phase 3 and provide strategic contract management support including Milestone certification process, resolution of historical and any emerging contractual disputes. Due to ongoing budgetary pressures across the Authority, it entered into an agreement with the PFI contract Special Purpose Vehicle (SPV) to launch a joint savings programme in January 2018 to deliver financial savings of cGBP 2 million pa from the PFI contract. The savings programme was commissioned to be delivered in phases and the Authority appointed external consultancy support for the delivery of Phases 1 and 2. The current contract for phase 1 and 2 is now coming to an end and the Authority now wishes to engage with a supplier to progress the next stages.

Timeline

  1. Completed: Tender published15 December 2020
    Current notice
  2. Completed: Submission date26 January 2021

About the buyer

Isle of Wight Council is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66171000 · Financial consultancy services
  • 71311210 · Highways consultancy services
  • 79412000 · Financial management consultancy services

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Decision makers

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Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
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Contracts Manager+44 •••• ••••••

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