Tender

Independent expertise to undertake due diligence on Solent LEP capital investments

PORTSMOUTH CITY COUNCIL

This public procurement record has 4 releases in its history.

TenderAmendment

14 Jun 2019 at 10:23

TenderAmendment

14 Jun 2019 at 10:20

TenderAmendment

14 Jun 2019 at 10:20

Tender

14 Jun 2019 at 08:49

Summary of the contracting process

The Portsmouth City Council, acting on behalf of the Solent Local Enterprise Partnership, is currently seeking expressions of interest for the tender titled "Independent expertise to undertake due diligence on Solent LEP capital investments". This procurement, classified under business and management consultancy services, is located in Portsmouth, Hampshire. The procurement method is open, with an estimated contract value of £500,000. The tender period is set to close on 15th July 2019, while the contract is expected to commence on 26th August 2019 and will last until 31st March 2021, with possible extensions subject to agreement.

This opportunity presents a significant chance for businesses specialising in consultancy services, particularly those with expertise in financial analysis, project prioritisation, and compliance with government guidelines. Companies that fit the small and medium-sized enterprise (SME) profile could particularly benefit from competing in this tender, as two to three consultants will be established within a framework, allowing for collaborative engagement and sharing of workloads. This can lead to long-term relationships and potential follow-on work as funding calls are promoted by the Solent LEP.

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Notice Title

Independent expertise to undertake due diligence on Solent LEP capital investments

Notice Description

Portsmouth City Council (the Council) on behalf of the Solent Local Enterprise Partnership (Solent LEP) is inviting expressions of interest from suitably qualified and experienced consultants to tender for this project. The scope of which will comprise of but may not be limited to providing independent expert due diligence on applications to the Solent LEP for capital investment. This expertise will need to provide independent advice and recommendations to the Solent LEP Board, or its designated sub-panel, in the form of clear and concise reports that are agreed with the Solent LEP and cover: o Compliance with relevant fund guidance o Compliance with HM Treasury Green Book guidance, where appropriate o Compliance with Office of Government Commerce (OGC) Gateway Review o Prioritisation of projects seeking funding o Consideration of State Aid o Advice on the financial proposition of the proposal In addition, the successful consultant will need to provide support to the Solent LEP when promoting funding calls, including advice in relation to completing applications. The object of this procurement exercise is to establish a framework of three consultants. The highest ranking consultant will undertake all due diligence work for the Solent LEP. Remaining framework consultants will be utilised on ranked basis in times of reduced capacity or in the event of a conflict of interest that precludes due diligence with the primary consultant. The initial term of the contract with the highest ranked consultant will expire on 31st March 2021, with the possibility of extending the term to a maximum term of five years, in increments to be agreed and subject to the agreement and performance of both parties. The estimated value of this framework is ?500,000. The closing date for receipt of your expression of interest is given against the heading entitled - Date documents can be requested until. Additional information: Portsmouth City Council is currently in the process of seeking expressions of interest for the following project - Independent expertise to undertake due diligence on Solent LEP capital investments. The full details and ability to express an interest will be via our e-sourcing system Intend. This filepath will take you to the relevant area of Intend, https://in-tendhost.co.uk/portsmouthcc/aspx/Tenders/Current Once on the page you can either scroll down or use the search function to find the relevant project. Should you have any problems with the above link, please contact us on 023 9268 8235 or email: procurement@portsmouthcc.gov.uk Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5085bcb9-3d8a-4077-a5f6-9bbe6ddfca82
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d45183fd-9ad6-4e61-9c2e-fdc8dd544dde
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79210000 - Accounting and auditing services

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jun 20196 years ago
Submission Deadline
15 Jul 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
25 Aug 2019 - 31 Mar 2021 1-2 years
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
PORTSMOUTH CITY COUNCIL
Contact Name
Procurement Service
Contact Email
procurement@portsmouthcc.gov.uk
Contact Phone
023 9268 8235

Buyer Location

Locality
HAMPSHIRE
Postcode
PO1 2BJ
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
TLJ South East (England)

Local Authority
Portsmouth
Electoral Ward
Charles Dickens
Westminster Constituency
Portsmouth South

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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