Award

Support to develop and Investment Strategy for York and North Yorkshire Combined Authority

YORK AND NORTH YORKSHIRE COMBINED AUTHORITY

This public procurement record has 2 releases in its history.

Award

23 May 2025 at 14:32

Tender

17 Apr 2025 at 15:01

Summary of the contracting process

York and North Yorkshire Combined Authority, located in Northallerton, United Kingdom, has recently completed the award stage of a tender process to develop an Investment Strategy. The procurement falls under the category of research and development services and related consultancy services, with a specific focus on public and private sector investment opportunities within the subregion. The contracting process was initiated through an open competition method, and the awarding of the contract took place on 23rd May 2025. The project has a contract value of £100,000 for an initial term starting on 3rd June 2025 and potentially extending until 27th May 2026.

This tender offers businesses the chance to play a pivotal role in shaping the investment landscape of York and North Yorkshire, promoting strategic growth and attracting investments. The contract work includes creating an Investment Strategy, prioritisation assessment tools, and an Investment Pitchbook, which are essential for engaging investors. Ideal contenders for this contract were likely businesses skilled in investment strategy development, consultancy, and research in both public and private sectors. Despite the opportunity being well-suited for large firms like KPMG LLP, there was potential for SMEs and VCSEs, signalling an opening for diverse business involvement in future contracts as shown by the project requirements and procurement process.

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Notice Title

Support to develop and Investment Strategy for York and North Yorkshire Combined Authority

Notice Description

The York and North Yorkshire Combined Authority requires an Investment Strategy which will support decision-making around future investment and prioritisation of propositions. This piece of work includes three key outputs: 1. Investment Strategy: an overarching narrative of current and future investment opportunities across the subregion, including both private and public sector investment opportunities. This should set out the parameters, priorities, uses and constraints of Combined Authority funding. Examples: West of England Combined Authority's Investment Strategy and Liverpool City Region Combined Authority's Investment Strategy 2023. 2. Prioritisation Assessment Tool: an assessment tool or framework which enables the Combined Authority to objectively assess the potential strategic impact of projects and their investment readiness. This must be done in an easily accessible manner for Combined Authority officers. 3. Investment Pitchbook: an external 'Investment Pitchbook' which highlights flagship projects and articulates a clear pathway to attracting investment. This document will be critical for engaging potential investors and promoting the growth opportunities within York and North Yorkshire. The Investment Strategy will sit alongside a number of other key strategic documents for the Combined Authority, including the emerging Local Growth Plan. The initial 7 month term has been budgeted at PS80,000, with the option to extend for a further 6 months with a cost of PS20,000. Therefore, the possible total contract value is PS100,000.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050520
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026751-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
£100,000 £100K-£500K
Awards Value
£83,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20259 months ago
Submission Deadline
20 May 2025Expired
Future Notice Date
Not specified
Award Date
22 May 20259 months ago
Contract Period
2 Jun 2025 - 28 Nov 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
YORK AND NORTH YORKSHIRE COMBINED AUTHORITY
Contact Name
Chloe Wilcox
Contact Email
chloe.wilcox@york.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORTHALLERTON
Postcode
DL7 8AD
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE2 North Yorkshire

Local Authority
North Yorkshire
Electoral Ward
Romanby
Westminster Constituency
Richmond and Northallerton

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Open Contracting Data Standard (OCDS)

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