Tender

ID 6194064 - DfE Invest NI - Economics Services Framework Agreement

INVEST NORTHERN IRELAND

This public procurement record has 1 release in its history.

Tender

08 Apr 2026 at 12:22

Summary of the contracting process

Invest Northern Ireland, the economic development agency sponsored by the UK's Department for the Economy, has initiated an open procurement process to establish an Economic Services Framework Agreement titled "ID 6194064 – DfE Invest NI – Economics Services Framework Agreement". This tender, under the purview of Northern Irish devolved regulations, focuses on procuring economic advisory services to aid in business case development, evaluation support, and post-project evaluations. The procurement, with a total gross value of £2,400,000, adopts an open procedure method and is segmented into three lots each aiming to cover a range of consultancy services such as economic impact assessment and financial management consulting. The tender period concludes on 12 May 2026, with submissions required electronically through the eTendersNI platform. Invest Northern Ireland is situated in Belfast, and the services are sought within the UK region UKN06.

This tender represents a notable opportunity for businesses specialising in business and management consultancy, economic impact assessments, and financial management consultancy services. With plans to engage multiple suppliers within three distinct lots, companies that offer competitive expertise in economic consulting and have a focus on quality and experience are well-suited to benefit from this framework agreement. Moreover, due to the significant budget and the possibility for an extension, successful tenderers will have the potential to secure sustained business, facilitating growth and expansion. Small and medium enterprises (SMEs) are explicitly welcomed to participate, making this an excellent opportunity for agile consultancy firms seeking to bolster their portfolios by engaging in Northern Ireland's economic development initiatives.

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Notice Title

ID 6194064 - DfE Invest NI - Economics Services Framework Agreement

Notice Description

Invest Northern Ireland (Invest NI) is Northern Ireland's economic development agency, sponsored by the Department for the Economy. Invest NI's role is to grow the local economy by helping new and existing businesses to compete internationally and by attracting new investment to Northern Ireland. Invest NI wishes to establish an Economic Services Framework Agreement to cover Economic Advice for Casework, Business Case and Evaluation Support and Post project Evaluations. The Framework will operate from the date of award for a period of 2 years with one option to extend for any period up to and including 24 months.

Lot Information

Economic Advice for Casework

Lot 1 is for the provision of economic advice papers as part of the project casework approval process and or econometric analysis or scoping documents. As part of Invest NI's project casework approval (of expenditure) process, casework submission documents/packs are prepared for projects seeking funding under Invest NI funding programmes including but not limited to Selective Financial Assistance (SFA), Grant for R&D, the Skills Growth Programme (SGP), etc. Invest NI aim to appoint 5 Suppliers to Lot 1.

Renewal: Following the initial contract period, there is 1 potential extension period of up to 24 months. This optional extension period will be subject to review and satisfactory performance assessment by the Contracting Authority.

Business Cases and Evaluations

Lot 2 is for the development of Business Cases and Evaluations, Programme Evaluations as well as Post Project Evaluations (PPEs). Invest NI aim to appoint up to 10 Suppliers for Lot 2.

Renewal: Following the initial contract period, there is 1 potential extension period of up to 24 months. This optional extension period will be subject to review and satisfactory performance assessment by the Contracting Authority.

Post Project Evaluations

Lot 3 is for development of Post Project Evaluations for casework projects. Invest NI aim to appoint up to 5 Suppliers for Lot 3. Lot 3 will focus on Post Project Evaluations (PPE) of commercially focused projects. This consists of projects that provide direct or indirect financial assistance to Invest NI client organisations. These include funding issued under Grant for R&D (GRD) and Selective Financial Assistance (SFA).

Renewal: Following the initial contract period, there is 1 potential extension period of up to 24 months. This optional extension period will be subject to review and satisfactory performance assessment by the Contracting Authority.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067df7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031935-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79311410 - Economic impact assessment

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

79412000 - Financial management consultancy services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
£1,950,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20264 days ago
Submission Deadline
12 May 20265 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2026 - 31 May 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
INVEST NORTHERN IRELAND
Additional Buyers

CPD - SUPPLIES & SERVICES DIVISION

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT2 7ES
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Sydenham
Westminster Constituency
Belfast East

Further Information

Open Contracting Data Standard (OCDS)

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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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