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Smart Data Foundry Corporate Advisor

Univeristy of Edinburgh

This public procurement record has 1 release in its history.

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05 Aug 2024 at 16:51

Award Notice
Summary of the contracting process

The University of Edinburgh has completed its procurement process for securing a Corporate Advisor for the Smart Data Foundry project, aimed at preparing the sale of a part of the business. This tender falls under the services category of corporate finance and venture capital services, designated by CPV code 66122000. The procurement was conducted through a limited award procedure without prior publication because only one supplier met the required technical specifications. The contract, valued at GBP 97,000, was officially signed on 30th July 2024 with Anderson Anderson Brown, based in Aberdeen. The procurement location is specified as UKM75, covering Edinburgh, with the transaction scheduled to complete within the calendar year.

This tender presents substantial opportunities for businesses specialising in corporate finance advisory services, particularly those with expertise in navigating and evaluating market acquirers. Organisations with robust experience in coordinating complex sale transactions, especially under stringent timelines, would find this tender particularly beneficial. The expertise required suggests that larger firms, like Anderson Anderson Brown, are well-suited to compete and benefit from such contracts, leveraging their expansive resources and technical capabilities to facilitate business growth in the Scottish procurement landscape.

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Notice Information

Notice Title

Smart Data Foundry Corporate Advisor

Notice Description

Smart Data Foundry require support of the Corporate Advisor to help prepare the sale of the business and to evaluate the market for potential acquirer's. The Corporate Advisor would then work in partnership with the appointed Legal Advisors to complete the sale transaction and the successful sale of a part of the business.

Lot Information

Lot 1

Smart Data Foundry require support of the Corporate Advisor to help prepare the sale of the business and to evaluate the market for potential acquirer's. The Corporate Advisor would then work in partnership with the appointed Legal Advisors to complete the sale transaction of part of the business. The total value would only be payable if the sale is successful and all initial work is under the Procurement Scotland regulations 2015.

Procurement Information

Only one supplier met the requirement of Corporate Advisor support to help prepare the sale of the business and to evaluate the market for potential acquirer's with imperative deadline that the sale transaction is completed before prior the end of the calendar year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0487cf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024571-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£97,000 Under £100K

Notice Dates

Publication Date
5 Aug 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jul 20242 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
Univeristy of Edinburgh
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

Anderson Anderson Brown

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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