Tender

Grimsby Institute of Further and Higher Education - The Provision of Legal Due Diligence Services for the proposed merger of The TEC Partnership and East Riding College.

GRIMSBY INSTITUTE OF FURTHER & HIGHER EDUCATION

This public procurement record has 1 release in its history.

TenderAmendment

26 Sep 2019 at 09:33

Summary of the contracting process

The Grimsby Institute of Further and Higher Education is soliciting tenders for the provision of legal due diligence services to facilitate a potential merger with East Riding College. The tender, identified as GIFHE 1.1, falls under the legal services category (CPV code: 79100000) and is currently in the active tender stage, with responses due by 16 October 2019. The contract is set to commence on 28 October 2019 and will conclude on 31 December 2019. This open procurement process is intended to engage potential advisors who can promptly support the due diligence requirements within a tight timeframe.

This tender presents significant opportunities for legal firms specialising in educational legal services and mergers and acquisitions. Companies experienced in providing strategic legal advice, due diligence, and risk assessment would be well-positioned to compete. As the colleges aim for a thorough evaluation before engaging in the merger, there is a need for capable professionals who can critically assess key issues and provide comprehensive reports that will influence the decision-making process. Firms that can demonstrate efficiency and expertise in dealing with educational institutions will find this opportunity particularly beneficial for business growth.

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Notice Title

Grimsby Institute of Further and Higher Education - The Provision of Legal Due Diligence Services for the proposed merger of The TEC Partnership and East Riding College.

Notice Description

The TEC Partnership is the main trading brand and subsidiary companies of the Grimsby Institute of Further and Higher Education (GIFHE). Legal requirements, policies, data protection registration and other documentation relating to or as part of the operation of brands are part of GIFHE's legal status. This invitation to tender is for the appointment of legal professional advisors for The TEC Partnership to support the college in considering a potential merger between Grimsby Institute of Further and Higher Education and East Riding College ("the Project"). Each college will be appointing independent of each other. It is anticipated that the tenderer will apply for one or the other but not both. The Project requires capable professional resources to be available immediately in order to support the due diligence phase of the Project as the Colleges intend to start this process imminently and to complete it within a tight timeframe. The objective of the legal due diligence report will be to provide an assurance that the transferee college is capable of taking on the assets and liabilities of the transferring college and comfort over the legal viability of the transferee college once it has taken on students, staff, assets and liabilities of the transferring college. The colleges require that by the end of the due diligence timetable they: * are in receipt of a due diligence report and supporting documentation to enable the colleges to make an assessment of the merger opportunity * have all the information needed to be able to make a fully informed decision as to whether to proceed with the merger. A prime objective of the professional adviser will be to identify any key issues and risks in connection with the proposed merger. The ITT document is attached to this notice. Please read the tender document carefully and ensure that for all elements required you provide evidence or a statement to fulfil the requirements.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8e2c49d7-b0d2-4b72-bc67-9ae48ead696b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/946f9271-60f0-4727-ac53-5dfbe8584fe4
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79100000 - Legal services

Notice Value(s)

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

Notice Dates

Publication Date
26 Sep 20196 years ago
Submission Deadline
16 Oct 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Oct 2019 - 31 Dec 2019 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
GRIMSBY INSTITUTE OF FURTHER & HIGHER EDUCATION
Contact Name
Wendy Smith
Contact Email
purchasing@grimsby.ac.uk
Contact Phone
01472 311 222 ext 5248

Buyer Location

Locality
GRIMSBY
Postcode
DN34 5BQ
Post Town
Doncaster
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE13 North and North East Lincolnshire
Delivery Location
TLE Yorkshire and The Humber

Local Authority
North East Lincolnshire
Electoral Ward
Park
Westminster Constituency
Great Grimsby and Cleethorpes

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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