Tenders

Financial Services Framework

Open
Deadline
13 days left
March 16, 2026
Contract Details
Category
Other
Reference
015121-2026
Value
£3,360,000
Location
Greater Manchester, United Kingdom
Published
February 23, 2026
CPV Code
Project Timeline

Tender Published

February 19, 2026

Deadline for Questions

March 09, 2026

Submission Deadline

March 16, 2026

Contract Start Date

July 30, 2026

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View Original
Budget
£3,360,000
Duration
36 months
Location
Greater Manchester
Type
Other
66
Quality Score/100
Good

Original Tender Description

This is a framework for the provision of financial services to include the following: Lot 1 - Financial Advice and Support, Lot 2 - Tax Advice, Lot 3 - Audit Services. The framework period will be for 3 years with the option to extend for an additional year. Suppliers that meet the conditions of participation and the minimum score threshold will be awarded this framework agreement to a maximum of 8 companies per Lot. The Council is using the e-business portal known as the Chest. Applicants will need to register their details at the following link www.the-chest.org.uk . Once registered, applicants will be emailed a log-in and password which will allow them to gain access to the documentation relating to this opportunity

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Requirements & Qualifications

13 requirements across 3 categories

Submission (6)
Compliance (3)
Technical (4)
SUBMISSION REQUIREMENTS6
--Register details on the e-business portal www.the-chest.org.uk.
--Access tender documentation via the log-in and password emailed after registration.
--Submit the bid through the Chest e-business portal.
ELIGIBILITY REQUIREMENTS3
--Must meet the conditions of participation (details to be found in the full documentation).
--Must meet the minimum score threshold (details to be found in the full documentation).
--Must be a supplier capable of providing financial services relevant to the chosen Lot(s).
TECHNICAL CAPABILITY REQUIREMENTS4
--Capability to provide Financial Advice and Support (if bidding for Lot 1).
--Capability to provide Tax Advice (if bidding for Lot 2).
--Capability to provide Audit Services (if bidding for Lot 3).

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Documents

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66
Good

Tender Quality Score

This tender for financial services is generally compliant and well-structured with clear scope, but suffers from a lack of detailed evaluation criteria and the absence of core tender document content in the provided information. Sustainability aspects are entirely missing.

Score Breakdown

Legal Compliance75/100

The tender specifies an open procedure, a reasonable submission deadline (25 days), and appropriate CPV codes. There are no reported disputes or suspensions. While full documentation is not available for a comprehensive check, the basic structure appears compliant with standard procurement regulations.

Clarity60/100

The description of the framework and its lots is clear. However, critical details such as specific evaluation criteria, detailed conditions of participation, and financial requirements are not provided in the snippet, instead referring to external documentation. This significantly reduces the immediate clarity for potential bidders.

•Missing detailed evaluation criteria.
•Critical requirements (conditions of participation, financial requirements) are not detailed in the provided text.
Completeness55/100

Basic information like title, reference, organization, value, duration, and key dates are present. However, the most significant issue is the absence of content for the 6 listed tender documents, which are stated to contain crucial details. This makes the provided information incomplete for a thorough assessment.

•No content available for the 6 listed tender documents.
•Detailed requirements and evaluation criteria are not fully defined in the provided text.
Fairness65/100

The tender uses an e-procurement portal, discloses the estimated value, and the requirements for services appear generic, not tailored. The submission deadline is reasonable. However, the lack of specified evaluation criteria is a significant concern for transparency and objectivity, potentially hindering fair competition.

•Lack of specified evaluation criteria.
Practicality80/100

Electronic submission is clearly supported via 'the Chest' portal, and the document URL is provided. The contract start date and duration are clearly specified. The need to register on an external portal to access all documents is standard practice and does not significantly impede practicality.

Data Consistency90/100

Key fields are mostly populated, and dates are logical and consistent (submission before start date). There are no reported disputes or suspensions. Minor inconsistencies include empty codes for 'Type' and 'Procedure'.

•Empty codes for 'Type' and 'Procedure'.
Sustainability20/100

There is no mention of green procurement, social aspects, or innovation focus within the provided tender information. This indicates a complete absence of sustainability considerations.

•No green procurement criteria.
•No social aspects included.

Strengths

Clear definition of the framework scope and lots.
Use of an e-business portal for electronic submission.
Transparent disclosure of estimated value and contract duration.
Reasonable submission deadline for an open procedure.
Requirements appear generic and not tailored to a specific company.

Concerns

Lack of detailed evaluation criteria in the provided information.
Critical requirements (conditions of participation, financial requirements) are not detailed in the provided text.
Actual tender documents are not available for review in the provided data, requiring external portal access for all details.
Complete absence of sustainability, social, or innovation considerations.
Reliance on external portal registration for all documentation access.

Recommendations

1. Ensure all evaluation criteria, including weightings and scoring methodology, are clearly published and easily accessible to all potential bidders.
2. Provide a summary or key excerpts of the 'conditions of participation' and 'financial requirements' within the main tender notice for initial review.
3. Integrate sustainability, social value, and innovation considerations into the tender requirements and evaluation criteria to align with modern procurement best practices.

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