By
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: 

  • One Stop Shop – no need to access multiple frameworks to secure the full suite of financial support services 
  • Compliance with Public Contracts Regulations (PCR 2015)  
  • Competitive fixed rates for services  
  • Standard framework terms and conditions for peace of mind 
  • Framework support services available for advice and guidance
  • Choice of award procedures – direct award and further competition 

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. 

For more information, please visit our dedicated Financial Services framework page or contact Contract Manager Ria Logan at: [email protected] or on 0161 974 0955.