Tender

Strategic Financial Advice and Due Diligence

SEFTON COUNCIL

This public procurement record has 1 release in its history.

Tender

15 Apr 2019 at 10:28

Tender Notice
Summary of the contracting process

Sefton Council is currently running a procurement process for "Strategic Financial Advice and Due Diligence" in the leisure and tourism sector. This tender aims to establish a strategic partnership by conducting due diligence on a prospective partner, which includes analysing financial health and developing a business plan. The tender was published on 15th April 2019 and is set to close on 26th April 2019. The total contract value is estimated at £50,000, with a minimum value of £30,000. The contract period will run from 29th April 2019 to 30th June 2019, and the project falls under the category of financial consultancy services within the North West region of the United Kingdom.

This tender presents substantial opportunities for businesses with expertise in financial consultancy, particularly those capable of providing thorough analysis and strategic advice within the leisure and tourism sectors. Small and Medium-sized Enterprises (SMEs) are encouraged to participate, given their suitability for this project. Companies that can demonstrate a strong background in due diligence, partnership structuring, and financial modelling will be well-positioned to compete for this contract and contribute effectively to the economic and social value envisioned by Sefton Council.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Strategic Financial Advice and Due Diligence

Notice Description

Sefton MBC is exploring a potential strategic partnership in the leisure and tourism sector and is seeking external support with due diligence on the partner. In addition, expert advice regarding the finalisation of the partnership structure and the development of a business plan is required for the partnership to deliver economic and social value to the Council and for the borough of Sefton. Due diligence on a proposed partner is required to identify the key revenue and cost drivers of the business. Operating results of the Company on a combined/consolidated basis - including information contained in prior year financial statements - will need to be understood and specific financial and visitor information, i.e. the detail behind income and expenditure levels, will be required alongside the following: * Cash flow detail and trends; * Contracts; * Creditors / Debtors and robustness of Balance Sheet; * Accounts payable and receivable processes and procedures; * An understanding of key fixed and variable income/expenditure items; * Focus on "one-off" and/or unusual items; * Consideration of normal working capital requirement; * Understand any credit arrangements. Alongside the exercise regarding due diligence, support will be needed to determine the partnership structure in conjunction with legal advice. This will include a requirement for expertise in the development of a detailed business plan - and financial plan including consolidated cash flow, profit and loss and balance sheet - which will have the ability to run different scenarios based on changes to assumptions and/or delivery options. Support may also include perspective on the structure and shareholders' agreement for the new company.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a6dd6d36-ce5a-4cb2-a36b-cacfe94d1f74
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d9ccb79-f319-40ef-84e1-3e1e5eccd2b0
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
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Apr 20196 years ago
Submission Deadline
26 Apr 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Apr 2019 - 30 Jun 2019 1-6 months
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
SEFTON COUNCIL
Contact Name
Chris Magee
Contact Email
chris.magee@sefton.gov.uk
Contact Phone
+44 1519344069

Buyer Location

Locality
BOOTLE
Postcode
L20 3NJ
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
Delivery Location
TLD North West (England)
Local Authority
Sefton
Electoral Ward
Derby
Westminster Constituency
Bootle

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-a6dd6d36-ce5a-4cb2-a36b-cacfe94d1f74-2019-04-15T11:28:03+01:00",
    "date": "2019-04-15T11:28:03+01:00",
    "ocid": "ocds-b5fd17-a6dd6d36-ce5a-4cb2-a36b-cacfe94d1f74",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "SEFT001-DN404381-60578177",
        "title": "Strategic Financial Advice and Due Diligence",
        "description": "Sefton MBC is exploring a potential strategic partnership in the leisure and tourism sector and is seeking external support with due diligence on the partner. In addition, expert advice regarding the finalisation of the partnership structure and the development of a business plan is required for the partnership to deliver economic and social value to the Council and for the borough of Sefton. Due diligence on a proposed partner is required to identify the key revenue and cost drivers of the business. Operating results of the Company on a combined/consolidated basis - including information contained in prior year financial statements - will need to be understood and specific financial and visitor information, i.e. the detail behind income and expenditure levels, will be required alongside the following: * Cash flow detail and trends; * Contracts; * Creditors / Debtors and robustness of Balance Sheet; * Accounts payable and receivable processes and procedures; * An understanding of key fixed and variable income/expenditure items; * Focus on \"one-off\" and/or unusual items; * Consideration of normal working capital requirement; * Understand any credit arrangements. Alongside the exercise regarding due diligence, support will be needed to determine the partnership structure in conjunction with legal advice. This will include a requirement for expertise in the development of a detailed business plan - and financial plan including consolidated cash flow, profit and loss and balance sheet - which will have the ability to run different scenarios based on changes to assumptions and/or delivery options. Support may also include perspective on the structure and shareholders' agreement for the new company.",
        "datePublished": "2019-04-15T11:28:03+01:00",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "North West",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 30000,
            "currency": "GBP"
        },
        "value": {
            "amount": 50000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2019-04-26T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2019-04-29T00:00:00+01:00",
            "endDate": "2019-06-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/0d9ccb79-f319-40ef-84e1-3e1e5eccd2b0",
                "datePublished": "2019-04-15T11:28:03+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Advert",
                "url": "https://procontract.due-north.com/Advert?advertId=c459e3fb-675f-e911-80f6-005056b64545"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-95046",
            "name": "Sefton Council",
            "identifier": {
                "legalName": "Sefton Council"
            },
            "address": {
                "streetAddress": "1st Floor Magdalen House, Trinity Road",
                "locality": "Bootle",
                "postalCode": "L20 3NJ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Chris Magee",
                "email": "chris.magee@sefton.gov.uk",
                "telephone": "+44 1519344069"
            },
            "details": {
                "url": "http://www.sefton.gov.uk/"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-95046",
        "name": "Sefton Council"
    }
}