Tender

Inward Investment Services

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

02 Mar 2020 at 17:07

Tender Notice
Summary of the contracting process

The Kent County Council is currently undertaking a procurement process for "Inward Investment Services," aimed at enhancing the region's capacity to attract and support external investments. The contract falls under the business services category, specifically focusing on consulting and marketing, with a total value estimated at £4 million. The tender period is set to conclude on 1st April 2020, and the contract is expected to commence on 9th August 2020, lasting for three years until 8th August 2023. This procurement method is classified as a selective process, using a negotiated procedure, and is directed at suppliers that can demonstrate a proven track record in similar services.

This tender presents an excellent opportunity for businesses specialising in economic development, consultancy, or support services targeting SMEs and larger enterprises. Companies that excel in securing inward investment and have experience working with local authorities and international stakeholders will find themselves well-suited to compete for this contract. By meeting the requirements set forth by Kent County Council, suppliers can contribute significantly to economic growth in the region, benefit from enhanced visibility, and potentially establish long-term relationships with key local government entities.

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Notice Information

Notice Title

Inward Investment Services

Notice Description

The draft Kent and Medway Enterprise and Productivity Strategy places a strong emphasis on the importance of attracting inward investment, and for locally based agencies to work closely with government agencies to bring new investment into the area. The draft Strategy places a strong emphasis on increasing our promotion of Kent and Medway as a UK inward investment gateway, with a commitment required from Government and the Department for International Trade (DIT) to match local support for inward investment where it is focused around sectors in which Kent and Medway have particular strengths. Kent County Council is seeking a supplier that can be the inward investment agency for Kent and Medway. The successful supplier must have an excellent understanding of the key issues companies face when looking to relocate, an understanding of the industrial and commercial property market in Kent and Medway, how to identify and develop leads, how to support companies during the relocation process, and how to support relocated companies following relocation. The successful supplier should have a strong track record of delivering similar services. The core of the contract will be to provide support to SMEs, in accordance with the requirements of ESIF Programme, but the successful candidate will also be required to support non-SMEs. This part of the contract will not be funded by ERDF. The successful supplier will be expected to deliver, alongside Kent County Council and Medway Council, specific outcomes that contribute to economic development in Kent and Medway and will work closely with stakeholders in the county and internationally, including DIT and the South East Local Enterprise Partnership. Prospective bidders are required to specify how they will perform this role, and to show a proven track record in such delivery. The successful supplier will develop innovative and creative solutions to secure inward investment in Kent and Medway. The key features of the service are; Securing external investment into Kent and Medway that creates new jobs; Promoting Kent and Medway to overseas markets; Maintaining close contact with investing businesses through an after-care programme. Prospective bidders are required to specify how they will deliver these. The successful supplier will also demonstrate how it will deliver and contribute to the following economic outcomes for Kent and Medway: More investment opportunities from overseas markets; Increased supply chain benefits for local businesses; More inward investment in Kent and Medway; Raised profile as a destination for inward and foreign direct investment. The Selection Questionnaire consists of a range of pass/fail questions, only Candidates who meet the minimum criteria will proceed to receive the Tender process. This notice is placed in consideration of The Public Contract Regulations, Regulation 32 (9) to (12), subject to additional funding being made available during the lifetime of the contract Additional information: https://procontract.due-north.com/Advert?advertId=212db887-a55c-ea11-80ff-005056b64545&p=8691483f-2f3d-e711-80e1-005056b64545

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d8c8ba88-d8db-4b89-bc74-0fb1af138bb5
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
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

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

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
2 Mar 20205 years ago
Submission Deadline
1 Apr 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Aug 2020 - 8 Aug 2023 2-3 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
KENT COUNTY 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
MAIDSTONE
Postcode
ME14 1XQ
Post Town
Rochester
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
TLJ South East (England)
Local Authority
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

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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