This public procurement record has 1 release in its history.

Tender

20 Feb 2025 at 16:46

Summary of the contracting process

The National Wealth Fund (NWF) has initiated a procurement process to establish a Dynamic Purchasing System (DPS) for expert advice services to support their infrastructure investment initiatives across the United Kingdom. The tender, titled "UKIB DPS for Expert Advice Services v.2", falls under the industry category of business and management consultancy and related services (CPV code 79400000). The procurement stage is currently active, with the tender period concluding on 23 April 2025. NWF invites interested suppliers to submit applications via their e-procurement system, Atamis. The projected contract commencement date is 1 June 2025, and the DPS is expected to operate until 31 January 2029.

This tender represents a significant business growth opportunity, particularly for consultancy firms and independent advisors with expertise in areas such as green transport, critical minerals, clean energy, digital infrastructure, and more. Successful applicants will be able to provide advice and assurance on various investment projects, which could include red flag reviews, due diligence, and risk assessments. The DPS framework ensures flexibility in contracting periods, accommodating projects with varying timelines and complexity. Businesses specializing in technical, financial, environmental, and construction consultancy services will find this opportunity particularly well-suited to their capabilities.

How relevant is this notice?

Notice Title

UKIB DPS for Expert Advice Services v.2

Notice Description

The National Wealth Fund ('NWF') is the UK government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. NWF is partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. NWF seeks to establish a Dynamic Purchasing System ('DPS') for the provision of expert advice.

Lot Information

Lot 1

It is proposed through this procurement to establish a DPS to provide a tool for the selection and appointment of independent advisors to provide expert advice and assurance. This DPS is intended to replace the existing C0545 Expert Advice Services DPS from the point that the agreement goes live as an equivalent version 2.

NWF requires expert advice and assurance services on its investment into companies relating to green transport, critical minerals, clean energy and grid, water, waste, carbon capture and storage, battery storage and gigafactories, and digital infrastructure amongst other sectors. Independent advisors will provide advice and assurance on topics including the background of the sponsor and counterparties, physical and financial suitability of the project, technology, and the market it operates in.

The outputs of the Services will predominantly be in the form of written reports and/or presentations. This will likely include the provision of red flag reviews, intended to act as initial screening tools to identify aspects of the asset or project that require detailed due diligence focus in subsequent stages, or present critical risks to the project.

The purpose of the DPS is to establish an efficient contracting route, through further competition, for the appointment of suitably qualified Members for projects requiring expert advice and assurance services in one or more Service Categories, and in respect of one or more Industry Sectors.

The relevant Service Categories and Industry Sectors are as set out in the procurement documents.

The Industry Sectors which NWF is working in may change over time, and NWF therefore reserves the right to add additional Industry Sectors to the DPS during the term of the DPS.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e58a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006418-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

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

73 - Research and development services and related consultancy services

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

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

66171000 - Financial consultancy services

66519310 - Insurance consultancy services

71311000 - Civil engineering consultancy services

71311200 - Transport systems consultancy services

71318000 - Advisory and consultative engineering services

71530000 - Construction consultancy services

71621000 - Technical analysis or consultancy services

72221000 - Business analysis consultancy services

73210000 - Research consultancy services

79212000 - Auditing services

79221000 - Tax consultancy services

79400000 - Business and management consultancy and related services

79412000 - Financial management consultancy services

90713000 - Environmental issues consultancy services

90713100 - Consulting services for water-supply and waste-water other than for construction

90714000 - Environmental auditing

Notice Value(s)

Tender Value
£4,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20251 years ago
Submission Deadline
23 Apr 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jun 2025 - 31 Jan 2029 3-4 years
Recurrence
3 years from commencement of DPS

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
National Wealth Fund Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
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)

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