Tender

Independent Assessment of applications to the Liverpool City Region Single Investment Fund - Framework

MERSEYTRAVEL

This public procurement record has 1 release in its history.

Tender

18 Nov 2016 at 20:17

Tender Notice
Summary of the contracting process

The procurement process is being conducted by Merseytravel for the project titled "Independent Assessment of applications to the Liverpool City Region Single Investment Fund - Framework". This tender falls under the industry category of business analysis consultancy services and aims to support investment assessments for the Liverpool City Region, ensuring value for money and alignment with growth targets. The tender period closed on 15 November 2016, with the contract anticipated to commence on 9 December 2016 and run until 8 December 2020. The procurement method utilised is an open procedure, inviting all interested parties to submit proposals.

This tender represents a valuable opportunity for consultancy firms, particularly those specialising in business analysis and development services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to participate, given the nature of the requirements. By competing in this procurement, suitable businesses can establish long-term partnerships within the Liverpool City Region, gaining insights and experience that can foster further growth in similar public sector contracts.

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Notice Information

Notice Title

Independent Assessment of applications to the Liverpool City Region Single Investment Fund - Framework

Notice Description

The devolution deal between Liverpool City Region Combined Authority (LCRCA) and Government, agreed on 17 November 2015, secured a commitment to establish a Single Investment Fund (SIF) for the Liverpool City Region (LCR). The SIF brings together local and national funds with those secured through devolution (PS30m per annum). The fund will help to deliver the City Region's targets for growth and secure long-term prosperity for our residents and businesses. The recently published Single Growth Strategy 'Building Our Future' provides a framework to guide investment decisions. With a focus on business development, research and development, innovation, skills, infrastructure and homes, the SIF will be aligned with the three Pillars in the Growth Strategy - Productivity, People, Place - and the priorities of our local, regional and national partners. A key objective of the SIF assurance framework is to support the LCR CA/Mayor in assessing whether potential investments offer good value for money (VfM) and have the capacity to generate and deliver the growth objectives set out in the Growth Strategy. LCR CA is seeking to set up a framework contract for independent assessment of business cases for projects seeking funding from the Single Investment Fund. The first applications, in the form of a Strategic Outline Case, are expected on 9 December 2016. Subsequent Outline Business Cases and Full Business Cases will also require assessment. Independent assessors will be required to produce an appraisal report which contains the following: * An assessment against the core and hurdle criteria, presenting the evidence to support the scoring received for each criterion. * a clear recommendation as to whether the applicant's project should move to the next stage of consideration i.e. from SOC to OBC or OBC to FBC, and where necessary, highlight where the applicant should further develop detail in the next iteration of their business case, and in the event that the application is rejected then the recommendation should also be clear and evidenced.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-51a1efe5-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d489429a-4dae-4078-9b9a-dc7b95d5de48
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

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

79411100 - Business development consultancy services

Notice Value(s)

Tender Value
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
15 Nov 2016Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Dec 2016 - 8 Dec 2020 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MERSEYTRAVEL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 1BP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD North West (England)
Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

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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