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ID 5385517 DfE InterTrade Ireland - Funding Advisory Programme for Established SMEs Phase Four

InterTradeIreland

This public procurement record has 2 releases in its history.

Award

18 Feb 2025 at 16:54

Award Notice
Tender

11 Nov 2024 at 11:00

Tender Notice
Summary of the contracting process

The Department for the Economy (DfE) InterTradeIreland is overseeing the procurement process for the "Funding Advisory Programme for Established SMEs Phase Four," with a classification under the CPV code 79412000 for Financial management consultancy services. This tender is focused on delivering advisory services to established SMEs in Northern Ireland to reduce dependence on bank finance and explore alternative non-bank funding sources. The procurement stage is marked as complete, and the contract was awarded on 11th February 2025. The procurement method used was an open procedure, and the value of the contract is £490,625. The contract is subject to potential extensions of two additional one-year periods, indicating a long-term engagement opportunity for the successful bidder.

This tender presents significant opportunities for firms specialising in financial management consultancy, particularly those experienced in advising SMEs on funding strategies and financial capacity building. Grant Thornton NI LLP has been awarded the contract, reflecting the preference for firms with established expertise and a strong performance record. Businesses that can demonstrate robust methodologies, qualified personnel, and effective contract management practices are well-suited for such opportunities. The successful delivery of this contract will enhance the business profile and open doors to further engagements within the public sector, considering the rigorous procurement standards and performance monitoring outlined by InterTradeIreland.

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Notice Information

Notice Title

ID 5385517 DfE InterTrade Ireland - Funding Advisory Programme for Established SMEs Phase Four

Notice Description

InterTradeIreland (the Buyer) wishes to appoint a Supplier to undertake the role of delivery agent for the Funding Advisory Programme for Established SMEs (Phase Four). The overarching aim of the Funding Advisory Programme for Established SMEs is to change a culture of over dependency by SME's on bank finance, educate them on new and alternative sources of non-bank funding and build the financial capacity of SMEs.

Lot Information

Lot 1

InterTradeIreland (the Buyer) wishes to appoint a Supplier to undertake the role of delivery agent for the Funding Advisory Programme for Established SMEs (Phase Four). The overarching aim of the Funding Advisory Programme for Established SMEs is to change a culture of over dependency by SME's on bank finance, educate them on new and alternative sources of non-bank funding and build the financial capacity of SMEs. Additional information: Option to extend for a further two 1 year periods.

Options: Option to extend for a further two 1 year periods.

Renewal: There is an option to extend for two further periods of up to 12 months each

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b55d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005685-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

79411000 - General management consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£495,809 £100K-£500K
Lots Value
£495,809 £100K-£500K
Awards Value
Not specified
Contracts Value
£490,625 £100K-£500K

Notice Dates

Publication Date
18 Feb 20251 years ago
Submission Deadline
16 Dec 2024Expired
Future Notice Date
Not specified
Award Date
11 Feb 20251 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
InterTradeIreland
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWRY
Postcode
BT34 2DE
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN08 Newry, Mourne and Down
Delivery Location
TLN Northern Ireland
Local Authority
Newry, Mourne and Down
Electoral Ward
Abbey
Westminster Constituency
Newry and Armagh

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON NI LLP

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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