Tender

Expert Network Services

NATIONAL WEALTH FUND LIMITED

This public procurement record has 2 releases in its history.

TenderUpdate

19 Nov 2024 at 14:26

Planning

19 Nov 2024 at 11:04

Summary of the contracting process

The National Wealth Fund Limited, based in Leeds, UK, is planning a procurement process for Expert Network Services under the CPV category 79000000, which includes business services such as law, marketing, consulting, and others. This project follows the rebranding of the UK Infrastructure Bank into the National Wealth Fund as announced on 14th October 2024. The procurement, currently in the planning stage, aims to support NWF's due diligence processes relating to equity investments. The procurement stage is specifically focused on a Request for Information (RFI) from potential suppliers, with key dates including the RFI return date by 10th December 2024 and an estimated publication of a contract notice on 1st April 2025.

This tender represents a significant opportunity for businesses specialising in expert network services, particularly in sectors like IT delivery and security. The NWF is seeking suppliers capable of offering high-quality, industry-leading expertise to support decision-making in investment opportunities. Businesses with robust service offerings in consulting, recruitment, and IT solutions will find this tender particularly compelling. Engaging in this tender process will not only provide participants with potential business growth but also align them with a prestigious, government-backed institution poised to drive regional and local economic development in the UK.

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Notice Title

Expert Network Services

Notice Description

The UK Infrastructure Bank became the National Wealth Fund ("NWF"), following the Chancellor's announcement on 14th October 2024.<br/><br/>We provide PS27.8bn of finance and partner with the private sector and local government to support projects which help crowd in private investment and drive growth across the UK. We are wholly owned and backed by HM Treasury, but operationally independent. <br/><br/>Our investments must meet our triple bottom line: tackling climate change and driving regional and local economic growth; generating a positive financial return to create an enduring institution; being additional in the market, mobilising private finance.<br/><br/>NWF has a future requirement for Expert Network Services to support its due diligence processes, particularly in relation to equity investments being considered. NWF anticipates the Expert Network Services will serve as a useful resource for the Banking & Investment team, enabling them to directly access industry leading expertise when evaluating investment opportunities.<br/><br/>NWF wishes to engage with potential suppliers of Expert Network Services to understand the solutions available within the expert network market, focusing on aspects such as service offerings, IT delivery and security related to the expert network platform, as well as contracting.

Lot Information

Lot 1

The scope of this procurement activity involves the issuing of a Request For Information ("RFI") as part of Early Market Engagement ("EME") to potential suppliers in connection with anticipated future formal procurement processes for the supply of Expert Network Services.

NWF intends to conduct EME with the market through this Prior Information Notice ("PIN") with a view to sharing information and seeking input from the market to inform and shape current thinking and assist NWF in its future procurement plans and approach for contracting for the supply of Expert Network Services. Additional information: 1) The RFI documentation includes: -
a. Instruction document which includes the RFI Questionnaire; and
b. Outline Specification associated with the future requirement for the supply of Expert Network Services.

2) NWF is providing potential suppliers in the market with the opportunity to provide input and feedback via the RFI Questionnaire. RFI Questionnaires should be returned by the 10th December 2024 to allow NWF to consider comments in advance of any formal procurement processes.

3) Interested organisations should note that the detailed requirements, procurement strategy and timetable have not been finalised at this stage. NWF will collate and analyse the RFI responses received. Responses may be used to develop and scope the future procurement strategy and process. NWF will make a final decision on the future procurement strategy, timetable, and content of the procurement documentation, having considered the RFI feedback.

4) The RFI documentation can be accessed via the live opportunities list on NWF's Atamis eSourcing Portal in accordance with the instructions below and completed questionnaires must be submitted via the eSourcing Portal.

5) To access the RFI documentation, click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome.

Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the RFI documentation (including questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.

If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04bcd1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037382-2024
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
19 Nov 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Not specified
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

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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