Award

Trade Body Services

SCOTTISH GOVERNMENT

This public procurement record has 1 release in its history.

Award

31 Aug 2022 at 15:47

Summary of the contracting process

The Scottish Government, as the buyer, initiated a tender process for Trade Body Services to enhance Scotland's informal investment market. The procurement falls under the services category with a focus on corporate finance and venture capital services. This tender, which is currently in the cancelled status, aims to create a new digital platform to attract private capital by facilitating co-investment opportunities for High Net Worth individuals.

Businesses in the financial management and consultancy services sector would find potential growth opportunities in bidding for this contract. The procurement method used is an open procedure with the buyer employing PCS-Tender for the ITT exercise. Although the tender is cancelled, understanding the criteria of price (30%) and quality (70%) upon which awards are based could help businesses prepare for similar future opportunities in the same industry category and location.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Trade Body Services

Notice Description

The Scottish Government wishes to procure a Trade Body to improve the capacity and capability of Scotland's informal investment market by enhancing the professionalism and sustainability of Scotland's business angels and business angel syndicates. This will include the design, build and delivery of a new digital platform to draw new private capital to Scotland's informal investment market by creating a secure environment where angel groups can offer curated co-investment opportunities to certified High Net Worth individuals.

Lot Information

Lot 1

The Scottish Government wishes to procure a Trade Body to improve the capacity and capability of Scotland's informal investment market by enhancing the professionalism and sustainability of Scotland's business angels and business angel syndicates. This will include the design, build and delivery of a new digital platform to draw new private capital to Scotland's informal investment market by creating a secure environment where angel groups can offer curated co-investment opportunities to certified High Net Worth individuals.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-036496
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024359-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
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

66 - Financial and insurance services

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


CPV Codes

66122000 - Corporate finance and venture capital services

66171000 - Financial consultancy services

79412000 - Financial management 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
31 Aug 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Aug 20223 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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH GOVERNMENT
Contact Name
Not specified
Contact Email
paul.packett@gov.scot
Contact Phone
+44 1412420133

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Post Town
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

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-036496-2022-08-31T16:47:45+01:00",
    "date": "2022-08-31T16:47:45+01:00",
    "ocid": "ocds-h6vhtk-036496",
    "description": "SPD will be scored on a pass/fail basis. Requirement not suitable for lotting. Statement for 4B.5 It is a requirement of this contract that bidders hold or can commit to obtain prior to the commencement of any subsequently awarded contract, the types of insurance indicated below: Employer's (compulsory) liability insurance = 5 000 000 GBP. Public liability insurance = 1 000 000 GBP. Professional indemnity insurance = 5 000 000 GBP. 4C.1, please include examples of your experience in dealing with similar types of services as detailed in the specification The contract award criteria will be price 30%/quality 70%. Question scoring methodology for award criteria outlined in Invitation to Tender: 0 = Unacceptable. Nil or inadequate response. Fails to demonstrate an ability to meet the requirement 1 = Poor. Response is partially relevant but generally poor. The response addresses some elements of the requirement but contains insufficient/limited detail or explanation to demonstrate how the requirement will be fulfilled. 2 = Acceptable. Response is relevant and acceptable. The response addresses a broad understanding of the requirement but may lack details on how the requirement will be fulfilled in certain areas. 3 = Good. Response is relevant and good. The response is sufficiently detailed to demonstrate a good understanding and provides details on how the requirements will be fulfilled. 4 = Excellent. Response is completely relevant and excellent overall. The response is comprehensive, unambiguous and demonstrates a thorough understanding of the requirement and provides details of how the requirement will be met in full. Bidders must complete the SPD (Scotland) to demonstrate adherence to the exclusion and selection criteria for this procurement. If there are named subcontractors/technicians upon which the bidder will rely to meet the selection criteria, these named parties must complete and reattach the SPD Supplier Response Form attached to SPD questions 2C.1.1(Reliance on the capacity of others) and 2D.1.2 (Subcontractors) on PCS-T. These parties must complete the first 3 sections of the SPD form, as well as any part of the Section 4 selection criteria that the main bidder will rely upon the parties to fulfil. If parties have not yet been identified, this information may be required at a later date. Scottish Government reserves the right to request this information from relevant parties upon whom the main bidder will not rely to fulfil selection criteria. 4C.10 Bidders will be required to confirm whether they intend to sub-contract and if so, for what proportion of the contract. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 21477. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 (SC Ref:705319)",
    "initiationType": "tender",
    "tender": {
        "id": "582949",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Trade Body Services",
        "status": "cancelled",
        "classification": {
            "scheme": "CPV",
            "id": "66122000",
            "description": "Corporate finance and venture capital services"
        },
        "mainProcurementCategory": "services",
        "description": "The Scottish Government wishes to procure a Trade Body to improve the capacity and capability of Scotland's informal investment market by enhancing the professionalism and sustainability of Scotland's business angels and business angel syndicates. This will include the design, build and delivery of a new digital platform to draw new private capital to Scotland's informal investment market by creating a secure environment where angel groups can offer curated co-investment opportunities to certified High Net Worth individuals.",
        "lots": [
            {
                "id": "1",
                "description": "The Scottish Government wishes to procure a Trade Body to improve the capacity and capability of Scotland's informal investment market by enhancing the professionalism and sustainability of Scotland's business angels and business angel syndicates. This will include the design, build and delivery of a new digital platform to draw new private capital to Scotland's informal investment market by creating a secure environment where angel groups can offer curated co-investment opportunities to certified High Net Worth individuals.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Technical",
                            "type": "quality",
                            "description": "70"
                        },
                        {
                            "type": "price",
                            "description": "30"
                        }
                    ]
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79412000",
                        "description": "Financial management consultancy services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66171000",
                        "description": "Financial consultancy services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKM"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ]
    },
    "awards": [
        {
            "id": "024359-2022-582949-1",
            "relatedLots": [
                "1"
            ],
            "status": "unsuccessful",
            "statusDetails": "discontinued"
        }
    ],
    "parties": [
        {
            "id": "GB-FTS-10601",
            "name": "Scottish Government",
            "identifier": {
                "legalName": "Scottish Government"
            },
            "address": {
                "streetAddress": "4 Atlantic Quay, 70 York St",
                "locality": "Glasgow",
                "region": "UKM",
                "postalCode": "G2 8EA",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "telephone": "+44 1412420133",
                "email": "Paul.packett@gov.scot"
            },
            "roles": [
                "buyer",
                "centralPurchasingBody"
            ],
            "details": {
                "url": "http://www.scotland.gov.uk",
                "buyerProfile": "https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA10482",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "MINISTRY",
                        "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-1033",
            "name": "Edinburgh Sheriff Court",
            "identifier": {
                "legalName": "Edinburgh Sheriff Court"
            },
            "address": {
                "locality": "Edinburgh",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-10601",
        "name": "Scottish Government"
    },
    "links": [
        {
            "rel": "prev",
            "href": "https://ted.europa.eu/udl?uri=TED:NOTICE:190674-2022:TEXT:EN:HTML"
        },
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000694673"
        }
    ],
    "language": "en"
}