Tender

UK Export Finance Independent Board Effectiveness Review

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

TenderAmendment

30 Jun 2021 at 16:57

Tender

30 Jun 2021 at 16:53

Summary of the contracting process

The Department for International Trade (DIT) is seeking services for an Independent Board Effectiveness Review on behalf of UK Export Finance (UKEF). This procurement falls under the category of Business analysis consultancy services and is classified as an open procedure below the threshold. The tender period closes on 13 July 2021, with the contract intended to start on 10 August 2021 and continue until 9 February 2022. The review aims to improve board governance practices and entails a thorough assessment of board composition, roles, dynamics, and stakeholder engagement, among other areas.

This tender presents significant opportunities for consultancy firms specialising in board evaluations, governance, and performance reviews. Businesses with expertise in conducting independent assessments at high governance levels and comprehensive stakeholder engagement will be well-positioned to compete for this contract. With the focus on enhancing the effectiveness of senior boards, companies offering related management consultancy services can leverage their capabilities to address identified improvement areas effectively.

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Notice Title

UK Export Finance Independent Board Effectiveness Review

Notice Description

Department for International Trade (DIT), on behalf of UK Export Finance (UKEF) as Contracting Authority, intends to seek the provision of services of an external board effectiveness review in accordance with corporate governance in central government departments Code of Good Practice. We expect the effectiveness review will focus on (but may not be limited to) the following areas: - board composition and skills. - clarity of roles (with respect to both board and relationship with UKEF executive), purpose and shared vision. - the allocation of roles and responsibilities. - board culture and dynamics, including challenge. - prioritisation of board topics and agenda items. - adequacy of support to the board; and - stakeholder engagement with the Board including DIT/UKGI/UKEF relationships. Requirements of the procurement will include the following: - A review of a sample of board and committee papers to assess quality and whether appropriate weighting and priority is allotted. - A review of outcomes from previous Board Effectiveness Reviews (including those conducted internally). - Attendance of at least one board meeting, one board audit committee meeting and on-board risk committee meeting as an observer. - Interviews with all board members (including non-executive directors), and an individual from each of UK Government Investments (UKGI), HM Treasury (HMT) and the Department for International Trade (DIT), (as well as other stakeholders as deemed relevant by the reviewer and the Chair), informed by an initial questionnaire which is to be agreed with the Chair and UKGI. - A written report on findings and recommendations no later than 6 weeks from the board meeting and committee meetings the successful Contractor attends. - An initial draft of the report must be completed no later than 4 weeks from the board meeting and committee meetings the successfully Contractor attends. Regular oral updates will be required to keep the Chair advised as to progress in meeting this and other timescales. - The successful Contractor will be required to present the draft report findings at a subsequent board meeting following which the report will be finalised. UKEF will share the report with UKGI and will retain the right to share the report with other key stakeholders. To support the board in developing and implementing clear actions to address identified improvement areas they prioritise. Key specialisms are likely to include interviewing and assessing very senior staff. Either from doing similar reports/evaluations in the past or through experience on similar level of Boards. DIT is using e-tendering for this procurement which means this Invitation to Tender (ITT) and the forms for submitting a response are only available in electronic form which can be accesses via your web browser at: http://uktrade.app.jaggaer.com/ Bidders should read all the instructions and documents thoroughly and follow the defined processes to comply with our requirements.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8432733e-5578-4989-86f7-65d01e2bbe4d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

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


CPV Codes

72221000 - Business analysis consultancy services

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

79313000 - Performance review services

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jun 20214 years ago
Submission Deadline
13 Jul 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Aug 2021 - 9 Feb 2022 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2BL
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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