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P24-0014 Business Response Framework

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

13 Oct 2023 at 16:29

Award Notice
Tender

02 Jun 2023 at 13:35

Tender Notice
Summary of the contracting process

Scottish Enterprise has awarded a contract for the "P24-0014 Business Response Framework" in the services category, focusing on business and management consultancy and related services. The Framework Agreement aims to provide due diligence on companies in difficulty or anticipating significant job losses. The framework is set to start on 20 October 2023 and run until 19 October 2026, with the option for a 12-month extension. Up to 4 suppliers, such as PricewaterhouseCoopers and Interpath Advisory, have been selected to deliver a range of professional services, including financial management, legal advice, and technical expertise.

This contracting opportunity with Scottish Enterprise presents a chance for businesses in the consultancy and professional services sector to engage in due diligence services for companies in distress, potentially offering support and informing decision-making processes. Companies experienced in financial analysis, legal services, and technical support, with a focus on prompt payment and tailored approaches, are well-suited to compete for this contract. Interested parties are advised to contact Scottish Enterprise for further information and to explore potential business growth opportunities through this framework agreement.

How relevant is this notice?

Notice Information

Notice Title

P24-0014 Business Response Framework

Notice Description

This is a CONTRACT AWARD notice, original text read as follows: Scottish Enterprise is seeking to establish a Framework Agreement to provide a range of due diligence on companies in difficulty and/or where significant job losses are anticipated, to inform decision making for Scottish Enterprise. We intend to appoint up to 4 suppliers to the Framework and each will be expected to deliver a full range of integrated professional services including accountancy/financial management, legal and tax advice, specialist technical expertise and other considerations including UK Subsidy Control. The Framework is expected to commence on 20 October 2023 with an end date of 19 October 2026. After this time Scottish Enterprise will have the option to extend the Framework for a further 12 month period.

Lot Information

Lot 1

Pace is critical when responding to companies facing jobs at risk. The aim of the Framework is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on companies to consider support and inform decision making. Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of successful turnaround. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The Framework Agreement will be in place for a period of 36 months, after this time Scottish Enterprise will have the option to extend the Agreement for a further 12 month period. 48 months is the maximum duration of the Framework Agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03d352
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030351-2023
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66171000 - Financial consultancy services

79140000 - Legal advisory and information services

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£1,750,000 £1M-£10M
Lots Value
£1,750,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,750,000 £1M-£10M

Notice Dates

Publication Date
13 Oct 20232 years ago
Submission Deadline
5 Jul 2023Expired
Future Notice Date
Not specified
Award Date
19 Sep 20232 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
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 6HQ
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

Supplier Information

Number of Suppliers
4
Supplier Names

Ernst & Young LLP (EY)

Grant Thornton UK LLP

Interpath Advisory

PricewaterhouseCoopers

Further Information

Open Contracting Data Standard (OCDS)

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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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