Tender

ENHANCING UK-CHINA BILATERAL TRADE AND INVESTMENT

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 3 releases in its history.

TenderAmendment

28 Sep 2017 at 11:48

TenderAmendment

28 Sep 2017 at 09:14

Tender

27 Sep 2017 at 16:41

Summary of the contracting process

The Foreign & Commonwealth Office is currently conducting a procurement process titled "Enhancing UK-China Bilateral Trade and Investment." This initiative is part of the cross-government Prosperity Fund established from 2016 to 2021, aimed at fostering economic growth and enhancing trade relations between the UK and China. The procurement falls under the services category, specifically within the financial and insurance services sector. The tender period is set to close on 30th October 2017, while the contract is expected to commence on 1st December 2017 and end on 30th March 2018. The procurement method employed for this tender is an open procedure, allowing broader participation from interested bidders.

This tender presents significant growth opportunities for businesses, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in law, marketing, consulting, recruitment, and other business services. Given the strategic focus on removing market access barriers and developing models for UK-China investment flows, companies with expertise in international trade, policy development, and sector-specific consultancy can leverage this opportunity to expand their operations and enhance their market presence in both countries.

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Notice Title

ENHANCING UK-CHINA BILATERAL TRADE AND INVESTMENT

Notice Description

The 2015 Strategic Defence and Security Review announced the establishment of the cross-government Prosperity Fund from 2016 to 2021. The Fund aims to promote inclusive economic growth and development and enhance the UK's bilateral trade and investment with partners. In 2015 UK goods exports to China amounted to PS13.1bn and services exports to China amounted to PS3.7bn, i.e. China was the 5th and 14th largest destination for the UK's goods and services exports, respectively. The stock of Foreign Direct Investment from the UK to China was PS9.7bn in 2015, up 5% from 2014, and the stock of Foreign Direct Investment from China to the UK totalled PS1.8 billion in 2015, a 68% increase from 2014. This all adds up to a huge opportunity for UK business. The proposed projects (policy proposals to remove market access barriers; analysis and policy development in relation to UK-China investment flows and access; and the assessment of possible UK-China development zone models) will help prepare the way for the UK-China trade relationship in the 2020s. Additional information: https://fco.bravosolution.co.uk ITT: itt_1957 - Prosperity Fund - Enhancing UK-China Bilateral Trade and Investment Running Project: project_1433 - Prosperity Fund - Enhancing UK-China Bilateral Trade and Investment Closing Date: 30/10/2017 12:00:00

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-40281c09-afce-429d-bdd4-821e309bf115
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/999dab57-bd45-473e-ab80-b598d7bb32ac
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
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66000000 - Financial and insurance services

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

Notice Value(s)

Tender Value
£360,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Sep 20178 years ago
Submission Deadline
30 Oct 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Dec 2017 - 30 Mar 2018 1-6 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
FOREIGN & COMMONWEALTH OFFICE
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 2AH
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
TLI London

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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