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Office for Students: Framework for the Assessment of Financial Risk and Transformation Planning at Higher Education Providers

Office for Students

Awarded
services
SME-friendly
Framework agreement

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Office for Students, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
South West
Delivery: South West, United Kingdom
Contract value
£4,000,000ex VAT
Submissions closed
10 December 2024
Published
29 July 2024

Procurement

Contract period
11 December 2024 - 10 December 2027
3 years
Procedure type
Open procedure
CPV classifications
  • 79412000 Financial management consultancy services

What happened

Office for Students awarded this contract to BDO LLP | PricewaterhouseCoopers LLP | KPMG LLP | Teneo Financial Advisory Limited | Deloitte LLP worth £4,000,000 on 10 Dec 2024. The contract runs until 10 Dec 2027.

Description

The OfS is seeking to procure capacity to undertake financial risk and transformation planning assessments of HE providers. The objective is to evaluate the financial health and the management and governance capability of HE providers to ensure that the interests of students are safeguarded throughout any financial adjustments or transition, including potential market exits. Suppliers will be expected to deliver high quality evaluations that support the OfS in maintaining a robust and sustainable HE sector. Potential suppliers will be asked to set out an example roadmap and delivery plan for a case study as part of the framework tendering process. The OfS intends to award a framework of suppliers.

Awarded suppliers (5)

Suppliers
  • BDO LLP
  • PricewaterhouseCoopers LLP
  • KPMG LLP
  • Teneo Financial Advisory Limited
  • Deloitte LLP
Award value
£4,000,000
Award date
10 December 2024

Contact

Address
Westward House, Lime Kiln Close, Bristol, BS34 8SR
Contact name
Paul Halsall

Identifiers

Buyer reference
BIP909202115
Notice ID
c454532c-4464-4f7d-a724-e0f62366e9e0-809813
OCID
ocds-b5fd17-23e9e52d-c8f8-4f41-a90d-f12a9c0e716b

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External ID: cf-ocds-b5fd17-23e9e52d-c8f8-4f41-a90d-f12a9c0e716b • Added 3 October 2026