Award

SC20066 - Inward Investment

KENT COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

02 Sep 2021 at 09:47

Award Notice
Tender

19 Mar 2021 at 11:14

Tender Notice
Summary of the contracting process

The Kent County Council is seeking a supplier to act as the inward investment agency for Kent and Medway under the title "SC20066 - Inward Investment." With a contract value of £1,500,000, this procurement falls within the business and management consultancy sector, specifically designed to enhance economic development in the South East region of the United Kingdom. The procurement is at the award stage, following a selective negotiated procedure, with the contract set to commence on 8th August 2021 and concluding on 30th April 2023. Interested parties were required to submit their Expressions of Interest by midday on 19th April 2021, through the Kent Business Portal.

This tender presents opportunities for businesses with expertise in economic development, investment promotion, and consultancy services, especially those that focus on small and medium-sized enterprises (SMEs) and non-SMEs. Companies that can demonstrate a proven track record in securing inward investment and supporting businesses through relocation processes would be well-positioned to compete. Additionally, there is potential for businesses involved in creative and innovative solutions aimed at attracting external investment and promoting local economic growth to thrive in this competitive environment.

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Notice Information

Notice Title

SC20066 - Inward Investment

Notice Description

Kent's Interim Strategic Plan, "Setting the Course", places a strong emphasis on the importance of attracting investment, and we encourage locally based agencies to work closely with government agencies to bring new investment into the area. We are looking to consolidate and increase our promotion of Kent and Medway as a UK inward investment gateway, alongside secured commitment 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 demonstrate an excellent understanding of the key issue's 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 companies following their relocation. The successful supplier should be able to demonstrate competence in the delivery of inward investment services. The core of the contract will be to provide support to SMEs, in accordance with the requirements of the ESIF Programme, but the successful candidate will also be required to support non-SMEs. This part of the contract will not be funded by the European Regional Development Fund (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 demonstrate competence 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. All Expressions of Interest must be registered via the Kent Business Portal and all interested candidates must submit a Selection Questionnaire via the Kent Business Portal by midday on the 19th April 2021.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fc3be563-06ca-4683-bd8b-d0f4b1a340c6
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

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
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,666,667 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20214 years ago
Submission Deadline
19 Apr 2021Expired
Future Notice Date
Not specified
Award Date
22 Jul 20214 years ago
Contract Period
1 Aug 2021 - 30 Apr 2023 1-2 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

LOCATE IN KENT

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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