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Financial Due Diligence

Scottish Enterprise

This public procurement record has 4 releases in its history.

Award

08 Feb 2024 at 16:28

Award Notice
TenderUpdate

24 Jan 2024 at 14:53

Tender Notice
TenderUpdate

15 Jan 2024 at 16:05

Tender Notice
Tender

14 Dec 2023 at 08:52

Tender Notice
Summary of the contracting process

Scottish Enterprise is currently running a procurement process for "Financial Due Diligence" services to support a significant inward investment opportunity. The framework agreement will last for 36 months starting on 4th March 2024, with a potential extension of an additional 12 months. The process is at the award stage, and the submission deadline for tender responses has been extended to 14th February 2024. Businesses in the financial management consultancy services sector can find growth opportunities by providing prompt payment, a strong project team structure, innovative methodologies, and meeting the tender's service delivery requirements.

This public procurement opportunity from Scottish Enterprise involves a tender for financial management consultancy services aimed at supporting a substantial inward investment project. The process covers the procurement of financial due diligence services under a framework agreement. Eligible businesses with expertise in financial consultancy services and a focus on quality, innovation, and service delivery can compete for this contract. The procurement method is an open procedure allowing for fair competition among bidders. Interested suppliers should ensure compliance with submission deadlines and tender requirements to maximise their chances of success in securing this contract.

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Notice Information

Notice Title

Financial Due Diligence

Notice Description

Scottish Enterprise (SE) is working in partnership with other Scottish public sector bodies to deliver a significant inward investment opportunity and is looking to appoint a single supplier to deliver services under a framework agreement, to carry out and report on financial due diligence and compliance with the Commercial Market Operator ("CMO") principle, in connection with a significant inward investment project. It is anticipated that the framework will commence on the 4th of March 2024 for a period of 36 months, and SE has the option to extend the framework agreement by a further 12-month period.

Lot Information

Lot 1

Scottish Enterprise (SE) is working in partnership with other Scottish public sector bodies to deliver a significant inward investment opportunity and is looking to appoint a single supplier to deliver services under a framework agreement, to carry out and report on financial due diligence and compliance with the Commercial Market Operator ("CMO") principle, in connection with a significant inward investment project. It is anticipated that the framework will commence on the 4th of March 2024 for a period of 36 months, and SE has the option to extend the framework agreement by a further 12-month period.

Renewal: Scottish Enterprise at its sole discretion, may extend the framework agreement by a further 12-month period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042570
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004294-2024
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

66 - Financial and insurance services

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

CPV Codes

66171000 - Financial consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
£800,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Feb 20242 years ago
Submission Deadline
22 Jan 2024Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 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 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
Not specified
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

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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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