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DED - Commercial Advisor Framework 2

Scottish Government

This public procurement record has 3 releases in its history.

Award

19 Nov 2025 at 13:02

Award Notice
Tender

30 May 2025 at 10:59

Tender Notice
Planning

12 Feb 2025 at 10:27

Planning Notice
Summary of the contracting process

The Scottish Government has recently completed a procurement process for the "DED - Commercial Advisor Framework 2", focused on providing financial consultancy services. This framework, identified under the CPV code 66171000, was structured to offer comprehensive due diligence and financial governance consulting to support various government functions. The procurement process, conducted through an open procedure, spanned several phases including planning, tendering, and an award stage, culminating in an active contract awarded on 31st October 2025. Set within the UK region (code UKM), the agreement was valued at an estimated £15 million GBP. Key framework functions include financial/commercial due diligence, strategic advice, and analysis, with no options available for further extensions. Notably, the framework aims to evaluate potential government interventions, conduct market analyses, and support the disposal and acquisition of assets.

This tender presents substantial business growth opportunities, particularly for large multi-disciplinary agencies or consortia well-versed in financial management and commercial advisory services. With the requirement for providers to furnish expert strategic advice, financial accounting assessments, and to partake in market analysis, companies that specialise in accountancy, tax advice, restructuring, and economic market analysis are well-suited to compete. The framework, allowing participation by up to six service providers, seeks to harness a broad spectrum of expertise to effectively manage and advise on financial engagements relevant to strategic government operations. This creates lucrative prospects for firms capable of delivering high-quality consultancy across diverse sectors of industry within and beyond the United Kingdom.

How relevant is this notice?

Notice Information

Notice Title

DED - Commercial Advisor Framework 2

Notice Description

SCOPE OF REQUIREMENTS The scope of work will comprise of standard due diligence and financial governance. This is what will be termed 'core' work representing ongoing business activities of advice, guidance, reporting, engagement with the business, meetings and costing on a planned, regular programme. The second part relates to cases where we consider that more complex analysis will be required and that appropriate time and rates are proportionate for this activity. Core Scope Provision of advisory services as may be required to provide expert strategic, financial and commercial advice in respect of core services: Advice & guidance Analysis Reporting Work across all sectors of industry Meetings and costing on a planned regular programme. Additional Scope The Scottish Government require the Service Provider to be able to provide all services outlined below across a range of possible intervention, investment or funding structures, including debt, guarantees, grants and equity: Financial/Commercial due diligence. Analysis and reports on potential mergers or acquisitions and disposal of assets, Insolvency, restructuring and turnaround advice Specialist economic and market technical expertise relevant to government Market analysis of relevant sectors, including those strategic to Scotland Options Appraisal in line with the principles of HMT Green Book Evaluation exercises in line with the principles of HMT Magenta Book Strategic and commercial advice in respect of exit strategies for Scottish Government interventions Financial Accounting assessments Company valuations Counterparty due diligence, addressing financial, commercial and reputational risks Economic impact assessments Commercial market operator assessment in support of a wider subsidy control assessment, working with appointed legal advisors and Scottish Government's Legal Directorate and Subsidy Control Division. This will include appropriate pricing of any financial instruments to be applied to the transaction. Undertaking a sale and marketing process for existing investments, including marketing the business for sale, engaging with prospective purchasers and negotiating commercial heads of terms Forensic accounting assessments. The Scottish Government require the Service Provider to provide all services outlined above for all noted transaction and intervention types. Should the Service Provider require the use of sub-contractor to fulfil the requirements this should be noted in the Tenderer's Single Procurement Documents (SPD) and Technical response. Further details of the required services are detailed in Annex

Lot Information

Commercial Advisor Framework 2

The aim of the Framework Agreement is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on commercial entities and companies in difficulty to 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 a successful outcome. It is envisaged that the appointed Service Providers will be multi-disciplinary agencies or consortia offering a range of integrated professional services including but not limited to: accountancy/financial management, and tax advice, commercial advisory services, restructuring and turnaround specialisms, specialist technical expertise such as economic and market analysis and other considerations including impacts of Subsidy Control (formerly State Aid). Additional information: A maximum of 6 Service Providers will be appointed to the Framework Agreement.

Renewal: Option to extend for 1 year plus 1 additional year to a maximum of 4 years.

Commercial Advisor Framework 2

The purpose of this Prior Information Notice is to give advance notice of our intentions to the market. The Scottish Government is currently conducting internal engagement with policy areas and key stakeholders to determine the lotting structure of the Framework agreement. Please record your interest in this notice and you will automatically receive updates as we progress.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04de02
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/075213-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

72 - IT services: consulting, software development, Internet and support

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

CPV Codes

66171000 - Financial consultancy services

72221000 - Business analysis consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£10,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£15,000,000 £10M-£100M

Notice Dates

Publication Date
19 Nov 20259 months ago
Submission Deadline
25 Jul 2025Expired
Future Notice Date
17 Mar 2025Expired
Award Date
31 Oct 202510 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled, Planned
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
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 8EA
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
6
Supplier Names

Deloitte LLP

FRP Advisory

Grant Thornton UK LLP

Interpath Ltd

PricewaterhouseCoopers LLP

Teneo Restructuring Limited

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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