Award

Provision of Due Diligence for North of Tyne

NORTH TYNESIDE COUNCIL

This public procurement record has 2 releases in its history.

Award

23 Jul 2021 at 08:46

Award Notice
Tender

07 Nov 2019 at 15:47

Tender Notice
Summary of the contracting process

The procurement process involves the North Tyneside Council, which is acting on behalf of the North of Tyne Combined Authority (NTCA) to secure due diligence services for the North of Tyne Growth Fund and the North of Tyne Inward Investment Fund. This procurement falls under the financial and insurance services category and is currently at the award stage. The contract period is set to commence on 2nd January 2020 and will run until 31st December 2022, with a total value of £137,150. The tender was originally published on 7th November 2019, and the tender period concluded on 29th November 2019.

This procurement presents an excellent opportunity for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) looking to expand their market presence in the financial services sector. Businesses that specialise in due diligence, financial consulting, or similar services would be particularly well-suited to compete for this contract. Engaging with North Tyneside Council could open avenues for further projects and partnerships within the North of Tyne region.

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Notice Information

Notice Title

Provision of Due Diligence for North of Tyne

Notice Description

North Tyneside is carrying out a procurement exercise on behalf of North of Tyne Combined Authority (NTCA) who are seeking to appoint an organisation to provide due diligence services for the North of Tyne Growth Fund (NTGF) and the North of Tyne Inward Investment Fund (NTIIF). For further information please go to www.nepoportal.org and search on current opportunities for North Tyneside Council. Additional information: This is an award only

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a8f46d9-08f5-46b6-8297-9fc594faf1d2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c835f756-b223-46d9-a2f4-28760bc45e94
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Under Threshold
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£137,150 £100K-£500K
Lots Value
Not specified
Awards Value
£57,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20214 years ago
Submission Deadline
29 Nov 2019Expired
Future Notice Date
Not specified
Award Date
11 Dec 20196 years ago
Contract Period
2 Jan 2020 - 31 Dec 2022 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORTH TYNESIDE COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UPON-TYNE
Postcode
NE27 0BY
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)
Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
1
Supplier Name

UNW

Further Information

Notice Documents

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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