Award

Due Diligence Services

SOUTH OF SCOTLAND ENTERPRISE AGENCY

This public procurement record has 1 release in its history.

Award

14 Jan 2021 at 12:08

Summary of the contracting process

The South of Scotland Enterprise Agency has completed a procurement process titled "Due Diligence Services" in the industry category of financial consultancy services, focusing on small and medium enterprises (SMEs) in the South of Scotland, specifically the Scottish Borders and Dumfries and Galloway areas. This tender was initiated under an open procurement method, with the primary aim of appointing ranked framework contract service providers. The process concluded on 21 December 2020, following the tender award for both areas.

This procurement opportunity is particularly beneficial for consulting firms specialising in financial reviews and business strategy, allowing them to support SMEs with crucial services like investor readiness and distress management. With a competitive landscape that received numerous bids, including several from SMEs, the awarded contracts totalling £800,000 present significant avenues for growth and collaboration for businesses equipped to deliver high-quality financial consultancy services in these regions.

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Notice Title

Due Diligence Services

Notice Description

The South of Scotland Enterprise Agency are undertaking a tender process to identify and appoint a ranked framework contract Service Provider(s) of financial and business-related due diligence services for SME's within the South of Scotland (Scottish Borders and Dumfries and Galloway) area.

Lot Information

Scottish Borders Area

Provide financial and business related due diligence services to SME's within the South of Scotland area. Types of support will include, but are not limited to: - financial reviews - strategic business reviews - investor ready business plans - assessing investor proposals - distress situations - R&D / Innovation - technical assessments / R&D tax assessments and - general technical assessments.

Dumfries and Galloway Area

Provide financial and business related due diligence services to SME's within the South of Scotland area. Types of support will include, but are not limited to: - financial reviews - strategic business reviews - investor ready business plans - assessing investor proposals - distress situations - R&D / Innovation - technical assessments / R&D tax assessments and - general technical assessments.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028a42
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000750-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

72 - IT services: consulting, software development, Internet and support

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


CPV Codes

66171000 - Financial consultancy services

72221000 - Business analysis consultancy services

79211000 - Accounting services

79411100 - Business development consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£400,000 £100K-£500K

Notice Dates

Publication Date
14 Jan 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Dec 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
SOUTH OF SCOTLAND ENTERPRISE AGENCY
Contact Name
Stuart Paterson
Contact Email
stuart.paterson@sose.scot
Contact Phone
+44 1750535901

Buyer Location

Locality
DUMFRIES
Postcode
DG1 4TA
Post Town
Dumfries and Galloway
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM92 Dumfries and Galloway
Delivery Location
TLM91 Scottish Borders, TLM92 Dumfries and Galloway

Local Authority
Dumfries and Galloway
Electoral Ward
Nith
Westminster Constituency
Dumfries and Galloway

Supplier Information

Number of Suppliers
2
Supplier Names

CJM PROJECT FINANCIAL MANAGEMENT

ERNST & YOUNG LLP (EY

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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