Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Procurement of Commercial Advisors - Rapid Response Unit - Framework Agreement

Scottish Government

This public procurement record has 2 releases in its history.

Award

08 Jul 2022 at 12:32

Award Notice
Tender

31 May 2021 at 15:24

Tender Notice
Summary of the contracting process

The Scottish Government is currently undertaking the procurement process for a Framework Agreement titled "Procurement of Commercial Advisors - Rapid Response Unit". This initiative falls under the services category, specifically focusing on research consultancy services, and is aimed at addressing economic challenges arising from Covid-19 and Brexit. The procurement is at the active tender stage, with the submission deadline having ended on 2 July 2021, and the framework will span over 36 months, including a potential one-year extension. The scope involves providing urgent financial advisory services to businesses in distress across the UK.

This tender presents significant opportunities for firms specialising in consultancy services, particularly those with expertise in financial advisory roles and crisis management. Businesses that can quickly mobilise expertise to assess and improve the financial health of distressed companies would be particularly well-suited to compete. Given the anticipated interest in the framework, supplier engagement could lead to valuable contracts and partnerships, thereby driving growth in the consultancy sector.

How relevant is this notice?

Notice Information

Notice Title

Procurement of Commercial Advisors - Rapid Response Unit - Framework Agreement

Notice Description

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Procurement of Commercial Advisors - Rapid Response Unit - Framework Agreement. The RRU has been created to tackle a wide range of economic challenges as a result of Covid-19 and Brexit to enhance SG's support for business resilience. Specifically, in some instances, the RRU will lead on providing assistance to businesses in distress with the support from agencies and partners. As such, the RRU will require the services of commercial advisors at short notice (within 24 hours) to instruct them to look into a company's financial position and advise as to the available options for the RRU to intervene. The contract will be for a period of 36 months with the option to extend for an additional 12 months.

Lot Information

Lot 1

Currently the Scottish Government contract with a number of suppliers to deliver similar type services. It is anticipated that there will be a relatively high interest in joining this framework agreement. The framework agreement will consist of a maximum of four (4) suppliers, with call-offs conducted in a "round robin" manner, in order to allow each of the four suppliers equal access to opportunities as they arise.

Renewal: Optional 12 month extension

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b6cc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018754-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20224 years ago
Submission Deadline
2 Jul 2021Expired
Future Notice Date
Not specified
Award Date
8 Jul 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...