Award

(NU/1745-4) Support for Due Diligence within Newcastle University Advancement

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

15 Aug 2022 at 13:02

Summary of the contracting process

Newcastle University has awarded a contract for 'Support for Due Diligence within Newcastle University Advancement' to Xapien. The procurement process was initiated as a tender, with a value of £14,000 and a procurement method of 'selective' using a 'Restricted procedure'. The contract period starts on 15th August 2022 and ends on 14th August 2023.

This tender offers business growth opportunities to companies providing services such as business consultancy, financial advisory, and economic research. Small and medium-sized enterprises (SMEs) are suitable to engage in this procurement process. The location of the procurement is Newcastle upon Tyne, United Kingdom, and it falls under the industry category of 'Business services: law, marketing, consulting, recruitment, printing and security'.

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Notice Title

(NU/1745-4) Support for Due Diligence within Newcastle University Advancement

Notice Description

NUA would like to retain an external company to carry out our due diligence checks. The company will undertake relevant, global and time saving due diligence, by providing comprehensive donor due diligence reports on individuals, companies, trusts and foundations who are at the stage of cultivation where they could be solicited for a philanthropic donation by NUA. This is to ensure that any donation to Newcastle University would not cause any legal or reputational issues. The checks will help protect Newcastle University from fraud and reputational damage and guarantee a process that protects and boosts Newcastle University's reputation for the long term. The outsourcing of due diligence checks will ensure that all Newcastle University stakeholders have access to, and understand, all available information relevant to safeguarding Newcastle University's reputation, including benefits and potential liabilities, to make fully informed decisions about accepting a philanthropic donation. Over a 12-month period, the company will help support three major stages of the due diligence process: 1. Research The company will provide a service that can mine all online data sources and deliver the specific insights needed, gathering data, and collecting information quickly and efficiently. 2. Analysis The company will help decide what information is relevant and draw detailed, actionable insights from it, providing support to disambiguate data, helping NUA to save time and resources. 3. Delivery The company will provide due diligence reports that are comprehensive, clear, and shareable via an automated platform.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11bcb2b2-5d79-4842-ba59-69ac12ddbcc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d6db100e-739d-4fa5-92c4-cbc3ff8b9975
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

72 - IT services: consulting, software development, Internet and support

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66121000 - Mergers and acquisition services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66519600 - Actuarial services

66523000 - Pension fund consultancy services

71241000 - Feasibility study, advisory service, analysis

72221000 - Business analysis consultancy services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79200000 - Accounting, auditing and fiscal services

79311400 - Economic research services

79311410 - Economic impact assessment

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£14,000 Under £100K
Lots Value
Not specified
Awards Value
£16,650 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Aug 20223 years ago
Submission Deadline
4 Jul 2022Expired
Future Notice Date
Not specified
Award Date
11 Aug 20223 years ago
Contract Period
14 Aug 2022 - 14 Aug 2023 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE UNIVERSITY
Contact Name
Not specified
Contact Email
purchasing@ncl.ac.uk
Contact Phone
+44 1912086220

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

XAPIEN

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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