Crescent Purchasing Consortium’s framework has been developed to offer a full-service package of financial services.
The framework is contract managed by Dukefield Procurement. We understand the pressures faced by education providers which is why this framework is designed to be a One-Stop-Shop. The services covered include, but are not limited to:
Strategic financial management planning and support
Financial Systems and Accounting
Financial Governance
Business Continuity
Provision of Finance training to both staff and governors
Provision of ad hoc consultancy services
In addition to the above services, those converting to academy status and existing Multi Academy Trusts may require additional bespoke financial services:
Advice to governing bodies, head teachers and school finance staff on the financial management implications of academy conversion.
Support to set up central finance team
Closure of local authority accounts and audit of school funds
Setting up accounts and account policies
New banking arrangements set up and support
Cost calculations associated with conversion
Advice and support upon the consolidation of budgets, financial returns and year end activities
Calculation of the MAT recoupment
Support upon the determination, creation and set up of the central MAT budget
Advice upon the streamlining of policies, processes and procedures to deliver efficiencies.
Administration and reconciliation of intercompany transactions
Calculation and transfer of GAG funding
The list of services available under the framework is not exhaustive and the suppliers can work with you on any of your financial services requirements.
Direct Award and Further Competition are available under all lots when using the framework to procure your financial services, see the User Guide for more information
Customer benefits +
• 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
Lots +
• Lot 1 – Financial Services for Maintained Schools
• Lot 2 – Financial Services for Academies and Multi Academy Trusts
• Lot 3 – Financial Services for Further and Higher Education Establishments and Wider Public Sector Organisations
All 3 Lots offer full-service solutions from the necessary reports applicable to all relevant public sector bodies, ongoing essential support to bespoke consultancy.
The suppliers on this framework will work with you as a strategic partner, taking into consideration key milestones in the year and the support you’ll need. They will assess potential risks and develop workable solutions to give you peace of mind that you’re compliant and accountable, and that your finances are managed effectively.
Dates
Contract Award Date: 09/08/2021
Contract End Date: 16/07/2024
(with option to extend for a further year)
