Award

UK SBS FWRECR17047BEIS - Overseas Company and Other Legal Entities Beneficial Ownership Register

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

AwardUpdate

16 May 2017 at 10:46

Summary of the contracting process

The UK Shared Business Services Limited conducted a tender for the project titled "UK SBS FWRECR17047BEIS - Overseas Company and Other Legal Entities Beneficial Ownership Register." This project falls under the research and development consultancy services category, with a total contract value of £70,000. The procurement process reached the Award stage on 27 April 2017, and the contract execution period is set from 1 May 2017 to 10 July 2017, with the tender period having been completed by 4 April 2017. The research is aimed at informing policy-making regarding the impact of enhanced transparency on overseas entities owning land or property in the UK, with activities based in London.

This tender presents significant growth opportunities for consultancies, particularly those specialising in economic research, market analysis, or legal consultancy services. Businesses with expertise in evaluating the implications of transparency on investment behaviour or property market dynamics would be well-positioned to engage in similar projects. Given the focus on overseas entities and property ownership, firms with experience in real estate economics, compliance, and stakeholder engagement in the foreign investment domain may find themselves particularly suited for forthcoming contracts in this area.

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Notice Title

UK SBS FWRECR17047BEIS - Overseas Company and Other Legal Entities Beneficial Ownership Register

Notice Description

This research will be used to inform policy making and produce an impact assessment for this policy. The main objective is to understand the effect of enhanced transparency on the owners and controllers of overseas entities that own, or wish to purchase, land or property in the UK, as well as the likely impact on inward investment to the UK. Approach We expect 5 key outcomes from the project. * Outcome 1: Survey data and analysis of the perceived impact of increased transparency (of the owners and controllers behind overseas entities that own, or wish to purchase property in the UK) on the UK's ability to attract overseas investment, and its reputation for Foreign Direct Investment. This should also include the the value that UK investors, funds based in major overseas markets, and other groups such as civil society organisations may see in the additional information that is going to be available to them. This data should be drawn from discussions with a broad range of stakeholders and overseas entities that own property in the UK. * Outcome 2: Survey data and analysis of the impact of the policy on the UK property market. This should include analysis of the impacts on commercial and residential property; property purchased for use by the overseas entity itself and property purchased primarily as an investment; high-value property and non-high value property, London property vs rest of the UK. Data should be drawn from discussions with a broad range of stakeholders and the overseas entities that own UK property. It should also include an analysis of current overseas investment in the UK commercial and residential property market by linking the Land Registry data with Ordnance Survey Address Base data. It should be possible to segment these survey results by country of incorporation. * Outcome 3: Survey data and analysis of the costs and benefits of compliance for overseas entities. This should be drawn from discussions with the broad range of stakeholders and companies that own property in the UK. * Outcome 4: Survey data and analysis of the perceived impact of the policy on overseas entities' motivations and behaviour regarding investing in the UK property market. This should be drawn from discussions with the broad range of stakeholders, funds that invest in UK property, and the overseas entities that already own UK property. It should include a comparison between the the UK and other countries with competitive property markets. * Outcome 5: The research should also seek to identify any additional impacts of the policy that need to be considered, through discussions with overseas entities that own UK property and key players in the UK property market.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ecbc8065-7a9d-4f5b-b1e7-490ee21c8c06
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/88d5245a-5762-4fb4-af96-291bf352306b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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


CPV Codes

73200000 - Research and development consultancy services

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£67,428 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20178 years ago
Submission Deadline
4 Apr 2017Expired
Future Notice Date
Not specified
Award Date
26 Apr 20178 years ago
Contract Period
15 May 2017 - 10 Jul 2017 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
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Not specified
Contact Email
research@uksbs.co.uk
Contact Phone
Not specified

Buyer Location

Locality
SWINDON
Postcode
SN2 1ET
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
TLI London

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

IFF RESEARCH

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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