Award

(NU/1433-27) iFAST: The Provision of Business Consultancy to Assist Commercialisation of University Research.

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

19 Jan 2022 at 10:37

Award Notice
Summary of the contracting process

Newcastle University recently completed a procurement process for business consultancy services titled "(NU/1433-27) iFAST: The Provision of Business Consultancy to Assist Commercialisation of University Research." This procurement falls under the industry category of business and management consultancy and was conducted using a restricted procedure. The contract, valued at £30,000, started on 17 January 2022 and will run until 31 July 2022. Key contact for this tender is Natalie Morton, reachable at +44 191 208 6396.

This tender presents a significant opportunity for businesses specialising in consultancy services, particularly those experienced in commercialising university research or working within the healthcare sector. Small and medium-sized enterprises (SMEs) may find this contract well-suited to their capabilities, especially those focused on innovative technologies related to antimicrobial resistance. The tender highlights the potential for growth in addressing public health challenges, creating valuable business prospects for participants in this field.

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Notice Information

Notice Title

(NU/1433-27) iFAST: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Notice Description

The emergence of bacteria that are resistant to antibiotics is a growing public health problem. In 2015, there were nearly 700,0000 antimicrobial resistance (AMR) infections in the EU, accounting for 33,000 deaths and 900,000 disability-adjusted life years (DALYs) . In fact the impact of AMR is similar to the combined burden of influenza, tuberculosis, and HIV, and the global increases in healthcare costs is forecast to range from $300 billion to more than $1 trillion per year by 2050. We have developed a breakthrough technology that delivers an antibiotic resistance test result in 1 hour. The technique rapidly measures phenotypic changes in bacteria after exposure to antibiotics. The objective is for the Executive (CEO Desig) to jointly work in a team with all above named individuals to bring the opportunity towards and ultimately achieve launch of a new spinout company.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ad8a281b-65a6-44c2-83f8-fc1edc16ee49
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cebf5291-557e-4009-87f5-4dbbcebf3015
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

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jan 20224 years ago
Submission Deadline
6 Dec 2021Expired
Future Notice Date
Not specified
Award Date
12 Jan 20224 years ago
Contract Period
17 Jan 2022 - 31 Jul 2022 6-12 months
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
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

J & T KING CONSULTING

Further Information

Notice Documents

Notice URLs

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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