Planning

Investment Promotion Programme, part of the cross-government Prosperity Fund

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Planning

10 Dec 2018 at 14:14

Market Engagement Notice
Summary of the contracting process

The Department for International Trade is currently in the planning stage of the Investment Promotion Programme, part of the cross-government Prosperity Fund. This initiative aims to enhance economic growth through Foreign Direct Investment in selected developing countries, including Nigeria, India, and South Africa. The market engagement notice was published on 10 December 2018, with a key engagement deadline set for 11 January 2019. The programme's overall budget is up to £28 million over a duration of three to four years, focusing on capacity building in investment promotion agencies and the establishment of trade standards.

This tender presents substantial opportunities for businesses, particularly small and medium-sized enterprises (SMEs) and voluntary community sector enterprises (VCSEs), to participate in international development projects. Companies offering consultancy services related to business management, advisory services, and capacity building may find this procurement to be a strategic fit. Engaging with this programme can aid in expanding market presence and forging partnerships in emerging economies, helping UK firms play a significant role in promoting investment and fostering economic development abroad.

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Notice Information

Notice Title

Investment Promotion Programme, part of the cross-government Prosperity Fund

Notice Description

The Department for International Trade is now conducting a market engagement exercise to elicit market views on aspects of design, to discuss challenges and opportunities and assess market capability and appetite. The feedback obtained will be used to shape the procurement strategy. Expressions of interest are now invited from potential providers who are content to participate in the market engagement exercise. This notice does not formally bind The Department for International Trade to proceed with any procurement exercises and is purely for market engagement purposes. In the event that the Department for International Trade decides to proceed with any procurement processes pursuant to this notice, separate contract notices will be issued. The cross-government Prosperity Fund was created in 2015 to remove barriers to economic growth in order to reduce poverty in recipient countries in line with OECD (Organisation for Economic Co-operation and Development) Development Assistance Committee (DAC) criteria. As well as providing development assistance to contribute to a reduction in poverty in recipient countries, these reforms are expected to create opportunities for international businesses, including UK companies. The DIT led Investment Promotion Programme (IPP) will help selected developing countries to promote, attract and retain Foreign Direct Investment to create inclusive economic growth, job creation, technology and knowledge transfer and Investment transparency as its primary purpose while create opportunities for international business, including promoting UK outward investment in those countries as its secondary benefit. The Investment Promotion Programme is designed to support MICs in building inward Investment -related capacity. The IPP's potential countries are Nigeria, India, Philippines, South Africa, Peru and Pakistan. The programme will initially start in two countries (to be selected) and will be scaled up to others, potentially within a year. We are intending to procure delivery partner(s) for two Pillars of the Investment Promotion Programme with a budget of up to 28 000 000.00 GBP for 3-4 years. The first Pillar is to provide technical assistance for capacity building in selected target countries' Investment Promotion Agencies and investment promotion functions within Special Economic Zone Authorities to land Foreign Direct Investment. The second Pillar is the development of Trade and Investment/business integrity standards in the target countries. The services will include (but not limited to) delivery services and advisory services. Further details of the requirements will be discussed during the market engagement. Potential providers interested by the scope of this PIN and who would like to participate in any potential provider engagement day (if held) should register expression of interest by no later than 31.12.2018 through the ProContract procurement portal https://procontract.due-north.com Additional information: This notice is to be accompanied by a Prior Information Notice which has been submitted to the European Journal.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-85e0de29-79fc-41fb-b834-8164c396dfc3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5262d3d7-a070-4c94-badc-d239ab301795
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Dec 20187 years ago
Submission Deadline
Not specified
Future Notice Date
11 Jan 2019Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL TRADE
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
Not specified
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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