Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- UK Shared Business Services Limited · Body governed by public law
- Supplier
- Pricewaterhouse Coopers LLP
- Value
- £30,000
- Procedure
- Competitive quotation (below threshold)
- Sector
- Research & development · Research and development services and related consultancy services (CPV 73000000)
- Region
- South West
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date20 Oct 2026
- Published20 Oct 2026Published the same day
Description
***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded as a direct award - PS26254 - Review of Market-Equivalent Discount Rate methodology for Innovate UK Loans Ltd. Brief overview of the requirement being awarded. review of the methodology applied, ensuring compliance with accounting standards and recommendations to both address feedback from the NAO as well considering market practice and peer reporters. Report provided in good time for review and challenge in advance of IUKL Board and Audit Committee deadlines The recommendations enable a methodology that is sufficient for reporting periods subject to assessment.
About the supplier
Pricewaterhouse Coopers LLP: every public contract they have won, plus their Companies House record (company OC303525).