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
- Homes England (the name adopted by the Homes and Communities Agency) · Regional or local authority
- Supplier
- PricewaterhouseCoopers LLP
- Value
- £135,000
- Procedure
- Direct award
- Sector
- Business services · Auditing services (CPV 79212000)
- Region
- North East
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date1 Mar 2026
- Published19 May 2026Published 79 days after the contract date
Description
As part of our work to establish the National Housing Bank ("NHB" or "the Bank"), we need to deliver a Target Operating Model agreed with MHCLG and HMT. This sets the operational standard required for HMT to grant approval for the Bank to launch as a Public Financial Institution (PuFIn) and deploy financial interventions. As part of this work, we require the provision of: a) Review of existing policies and risk management frameworks A gap analysis of existing HE policies against prudential and non-prudential regulatory standards, and identify where NHB policies must be updated to be in compliance. b) Economic Crime Risk Assessment Development of an Enterprise risk Assessment and Economic Crime Risk assessment for the NHB, covering Equity and Debt businesses, to produce documentation for the bank in line with Cabinet Office's Counter Fraud Functional Standards. Procurement Route: Direct award - via CCS RM6309 Management Consultancy Framework Four (MCF4) - Lot 4: Finance
About the supplier
PricewaterhouseCoopers LLP: every public contract they have won, plus their Companies House record (company OC303525).