By Ria Logan
10th Sep 2021
CPC’s new Financial Services framework launched on the 9th of August and has been developed for the education sector to provide a comprehensive set of services to support Schools, Academies, Multi-Academy Trusts, Colleges and Universities. The framework offers a full solution route for procuring all financial services related requirements.
The framework comprises of 3 inclusive lots, tailored specifically for their respective audiences:
Lot 1 – Financial Services for Maintained Schools
This lot is designed to provide financial services to any maintained school. The services available include – strategic financial management planning and support, financial systems and accounting, financial governance and audit, business continuity, financial training services and ad hoc consultancy services.
Lot 2 – Financial Services for Academies
This lot covers all the services available on lot 1 but is also designed to provide financial services to existing academies and those converting to academy status.
Lot 3 – Financial Services for Further and Higher Education Establishments and Wider Public Sector Organisations
This lot will provide access to similar services to those available under Lots 1 and 2 but in a form relevant to the needs and expectations of organisations within the wider education sector e.g; Colleges and Universities.
The benefits of using the framework are:
There are four suppliers across the 3 lots that can offer the full suite of services.
Under both lots there is the option to direct award or run a further competition exercise, this is explained in detail in the user guides.