Award

TD1205 - Provision of Due Diligence Services

DERBY CITY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

12 Jun 2017 at 12:22

Award Notice
Award

26 Apr 2017 at 08:03

Award Notice
Summary of the contracting process

Derby City Council has successfully awarded the contract for the "Provision of Due Diligence Services" under a selective procurement method, specifically a restricted procedure, following a further competition exercise within the Crown Commercial Service Consultancy ONE Framework. The contract, valued at £300,000, spans from 1st April 2017 to 31st March 2021, with options for extension. It aims to provide essential due diligence services for businesses seeking access to the Derby Enterprise Growth Fund and D2 Enterprise Growth Fund, primarily in the East Midlands region of the United Kingdom. The tender period ended on 13th March 2017.

This contract presents significant opportunities for small and medium-sized enterprises (SMEs) specialising in business development consultancy services. Companies equipped to perform due diligence, viability assessments, and risk evaluations will find this particularly relevant, especially those familiar with compliance related to State Aid. The scope of services includes producing reports and providing advice to ensure the responsible allocation of funding, thereby creating pathways for businesses to expand while contributing to local economic growth.

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Notice Information

Notice Title

TD1205 - Provision of Due Diligence Services

Notice Description

Derby City Council (DCC) were running a further competition exercise under the Crown Commercial Service Consultancy ONE Framework RM1502, Lot 5.2 Audit-Other Assurance and Advice The contract is to undertake Due Diligence services primarily for companies accessing Derby Enterprise Growth Fund / D2 Enterprise Growth Fund but also available to Derby City Council more widely. Service will include undertaking Due Diligence exercise and provision of reports and advice on companies offered funding (grant/loan) prior to funding contracts being signed, reviewed or amended. Reports are required to provide external independent view on viability and risk as well as confirmation and validation of State Aid position to ensure all funding is State Aid compliant. Initial Contract Term 01/04/2017 - 31/03/2020 with option to extend for a further year. Maximum end date 31/03/2021.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a47ec5e7-878d-4a72-95a4-253f13dff021
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/065aa72b-1971-4c9d-938b-6cc6a8a401e4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79411100 - Business development consultancy services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jun 20178 years ago
Submission Deadline
13 Mar 2017Expired
Future Notice Date
Not specified
Award Date
30 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2021 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DERBY CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

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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