Awarded contract

Market Oversight Accountancy Panel

Details

Value
£832,500
Duration
4 years
Topic
Financial consultancy services
Published
25 July 2024

Tender description

In order to fulfil its statutory duties to assess the financial sustainability of care providers subject to the Market Oversight Scheme the Market Oversight team may need to engage third party accountants with expertise in areas outside the expertise of the CQC in house accountants (such as commercial restructuring, international commercial, insolvency or leasing). The purpose of the procurement is to establish a Market Oversight accountancy services panel who may be requested to provide external accountancy expertise. This procurement was undertaken through the CCS Restructuring & Insolvency Services (RM6269), Lot 1, following the Further Competition process. The Contract is awarded for an initial period of 19 months with an option to extend for up to 24 months. Total Awarded Value is maximum of all charges including all optional contract extensions. Contract Reference: CQC ASC 003

Timeline

  1. Completed: Award date3 June 2024
  2. Completed: Award published25 July 2024
    Current notice
  3. Next: Contract expiry date31 December 2027in 14 months

About the buyer

The Care Quality Commission buys as a central healthcare organisation through its commercial contracts team. Standard terms and conditions apply to most contracts.

A commercial pipeline lists larger upcoming procurements and is updated every six months. Pipeline notices cover opportunities expected within the next 18 months.

Over the past 5 years, most of the Care Quality Commission's contract awards have been in IT services, business services and education and training.

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Decision makers

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