Award

Financial and R&D tax Credit Innovation Support Services for AeroSpace Cornwall

CORNWALL DEVELOPMENT COMPANY LTD

This public procurement record has 2 releases in its history.

Award

06 Mar 2022 at 15:02

Tender

16 Nov 2020 at 15:12

Summary of the contracting process

The procurement process involves the Cornwall Development Company Ltd seeking services titled "Financial and R&D tax Credit Innovation Support Services for AeroSpace Cornwall". This initiative, aimed at bolstering the aerospace and space industries in the South West region of the United Kingdom, is categorised under research and development services. The procurement method was an open procedure, and the tender period concluded on 4th December 2020. The awarded contract commenced on 4th January 2021 and is set to conclude on 30th September 2022, with a total contract value of £14,705.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) in the consultancy and financial services sectors. Businesses that specialise in providing research and development support, particularly those familiar with R&D tax credits, could find this contract particularly relevant, allowing them to collaborate with the Cornwall Development Company Ltd in enhancing the capability of businesses within the aerospace supply chain.

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Notice Title

Financial and R&D tax Credit Innovation Support Services for AeroSpace Cornwall

Notice Description

AeroSpace Cornwall supports businesses to develop products, services and technologies which can be sold into the aerospace and space supply chain(s). One of the key performance indicators of the AeroSpace Cornwall programme is the level of R&D tax credits being claimed by businesses. This is encouraged, although in some cases, this may mean that AeroSpace Cornwall grants are not the most appropriate solution for the business. All AeroSpace Cornwall grant recipients will be invited to receive an overview of R&D Tax Credits and the potential related financial consequences of an R&D grant application. There is a requirement for an appropriately qualified expert to transfer knowledge of the financial aspects associated with R&D activity to support businesses in helping them make an appropriate decision about the most appropriate funding route(s).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-40eaa9a9-7e6f-4c8b-9619-4d1ee1c7e583
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76e45ec6-dec2-4a40-ac63-44590c8b16ee
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£14,705 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 20223 years ago
Submission Deadline
4 Dec 2020Expired
Future Notice Date
Not specified
Award Date
17 Dec 20205 years ago
Contract Period
4 Jan 2021 - 30 Sep 2022 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
CORNWALL DEVELOPMENT COMPANY LTD
Contact Name
Gail Eastaugh
Contact Email
gail.eastaugh@cornwalldevelopmentcompany.co.uk
Contact Phone
Not specified

Buyer Location

Locality
REDRUTH
Postcode
TR15 3QG
Post Town
Truro
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
TLK South West (England)

Local Authority
Cornwall
Electoral Ward
Pool & Tehidy
Westminster Constituency
Camborne and Redruth

Supplier Information

Number of Suppliers
1
Supplier Name

MAY FIGURES

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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