Award

Accelerating Development of Local Investment Opportunities

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

15 May 2025 at 15:04

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Business & Trade, located in London, has completed a procurement process titled "Accelerating Development of Local Investment Opportunities". This initiative falls under the industry category of research consultancy services and aims to provide consultancy support to enhance local investment opportunities. The procurement was conducted through a direct method, below the threshold for competition, with the contract awarded to Metro Dynamics. The contracting process has reached the award stage, with key dates including the contract signing on 8th May 2025 and its validity from 9th May to 9th August 2025.

This tender presents an opportunity for businesses involved in consultancy, particularly those specialising in research and development, to support regional investment initiatives. Companies like small and medium-sized enterprises (SMEs) with expertise in advising on economic development strategies would find this contract beneficial for business growth. The procurement method means that lesser competition might lead to more opportunities for agile and specialised consultancies to engage with government projects.

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Notice Information

Notice Title

Accelerating Development of Local Investment Opportunities

Notice Description

Consultancy support to help develop models for enhancing support for local investment opportunities and sites.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0514e2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021897-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£115,800 £100K-£500K

Notice Dates

Publication Date
15 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 May 20259 months ago
Contract Period
8 May 2025 - 9 Aug 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS & TRADE
Contact Name
Not specified
Contact Email
dbtctbmu@businessandtrade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

METRO DYNAMICS

Further Information

Notice Documents

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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