Award

DPTIF (Professional Support)

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

10 Dec 2025 at 16:24

UK7 - Contract Details Notice
Summary of the contracting process

Kent County Council has completed the procurement process titled "DPTIF (Professional Support)" to enlist professional services for winding up the Discovery Park Technology Investment Fund (DPTIF) equity scheme. This scheme, initiated in partnership in 2015, is approaching its conclusion in December 2025. The procurement process was conducted under a limited method due to its below threshold nature, indicating limited competition. The contract was awarded to Jenson Ventures Limited, with the contract commencing on 11th December 2025 and set to conclude by 31st March 2026, including potential renewals if any delays occur. The procurement falls under the services category, specifically targeting miscellaneous business and business-related services, and is located in the United Kingdom's region UKJ4.

This procurement presents a lucrative opportunity for businesses involved in providing comprehensive professional support and consulting services, particularly those with experience in managing equity schemes. Small and medium-sized enterprises (SMEs), like Jenson Ventures Limited, which are adaptable and experienced in financial management and consultancy, would find themselves particularly well-suited to such opportunities. The limited competition nature of the procurement suggests that businesses with niche expertise and the ability to deliver specialised consultancy will play key roles in fulfilling the requirements of this contract, thereby fostering potential growth in their service portfolio and expanding business reach within governmental and financial advisory sectors.

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Notice Information

Notice Title

DPTIF (Professional Support)

Notice Description

KCC require professional support during the winding up of the KCC financed Discovery Park Technology Investment Fund (DPTIF) equity scheme. In 2015, KCC entered a 10-year partnership arrangement with NCL, who manage the funds, liaise with the companies, and monitor them. The partnership agreement ends in December 2025. KCC is seeking professional support to assist us with the winding up of the partnership.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f327
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/081672-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79900000 - Miscellaneous business and business-related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
10 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Dec 20252 months ago
Contract Period
11 Dec 2025 - 31 Mar 2026 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
KENT COUNTY COUNCIL
Contact Name
Not specified
Contact Email
joseph.kay@kent.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
MAIDSTONE
Postcode
ME14 1XQ
Post Town
Rochester
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
Not specified
Local Authority
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
1
Supplier Name

JENSON VENTURES

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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