Award

C0830 - Intellectual Property Due Diligence Services

NATIONAL WEALTH FUND LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

02 Dec 2024 at 11:08

Award

18 Nov 2024 at 09:01

Summary of the contracting process

The procurement process led by NATIONAL WEALTH FUND LIMITED, titled "C0830 - Intellectual Property Due Diligence Services", falls under the industry category of investment banking services and related services. The contract, valued at £99,500, pertains to the United Kingdom and was conducted through a selective procurement method using a call-off from a dynamic purchasing system. The tender was completed, with the tender period ending on 31 October 2024. The contract period starts on 4 November 2024 and ends on 2 May 2025. The procurement stage is currently in the award update phase, with the award being published on 18 November 2024.

This tender provides an excellent opportunity for businesses specialising in intellectual property due diligence, particularly SMEs. With the procurement focusing on services required for an ongoing transaction, firms with expertise in investment banking services will find this contract beneficial. Competition through a call-off from a dynamic purchasing system ensures that qualified suppliers are considered, promoting an environment where experienced service providers, especially those with a robust portfolio in due diligence activities, can prosper and potentially secure significant growth. PAGE, WHITE & FARRER LIMITED, an SME, has been awarded this contract, highlighting the suitability for similar businesses to pursue such opportunities.

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Notice Title

C0830 - Intellectual Property Due Diligence Services

Notice Description

Intellectual Property Due Diligence Services in relation to a transaction being considered.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d1a72082-e18f-4334-ac8a-0685abe0953b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3daf8f50-f577-4351-add3-283814f9c1f8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£99,500 Under £100K
Lots Value
Not specified
Awards Value
£99,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Dec 20241 years ago
Submission Deadline
31 Oct 2024Expired
Future Notice Date
Not specified
Award Date
1 Nov 20241 years ago
Contract Period
4 Nov 2024 - 2 May 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Procurement Team
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

PAGE, WHITE & FARRER

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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