Award

FSO - Financial & Tax Due Diligence Advisors

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

18 Apr 2023 at 10:39

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has awarded a contract for Financial & Tax Due Diligence Advisors, with a total value of £473,000, using a selective procurement method. The contract period runs from March 13, 2023, to December 31, 2024. The tender deadline was on March 10, 2023. The location for service delivery includes British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender from the Department for Business, Energy & Industrial Strategy presents an opportunity for financial consultancy businesses to provide services for financial and taxation due diligence. Small and medium-sized enterprises (SMEs) are encouraged to participate. Businesses with expertise in financial consultancy services and a large-scale operation can compete effectively. Interested parties should consider the scope of work, the locations for service delivery, and the contract period before submitting their proposals.

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Notice Title

FSO - Financial & Tax Due Diligence Advisors

Notice Description

We have set out the required scope of work for (i) financial and taxation due diligence services, (ii) completion mechanism advice, (iii) assisting BEIS in drafting the scope of a Statutory Instrument regarding valuation and (iv) providing and independent valuation advice in relation to the target business(es) and transaction(s). Deliverables will likely also include support on BEIS internal approval processes, input into HMG internal decision-making papers and input in business cases related to the scope of work.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-349b48ca-9cd5-4fb8-93bf-ccfb1bf5b93d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c47eae7c-4f80-4cba-bde1-098f942f9eba
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£473,000 £100K-£500K
Lots Value
Not specified
Awards Value
£473,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Apr 20232 years ago
Submission Deadline
10 Mar 2023Expired
Future Notice Date
Not specified
Award Date
13 Mar 20232 years ago
Contract Period
13 Mar 2023 - 31 Dec 2024 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Not specified
Contact Email
shay.banks@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW11 0ET
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

KROLL ADVISORY

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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