This public procurement record has 1 release in its history.

Award

31 Aug 2022 at 16:47

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.

How relevant is this notice?

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
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

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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