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C0818 Project Paccha Commercial Due Diligence

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Award

10 Sep 2026 at 15:28

Award Notice
Summary of the contracting process

National Wealth Fund Limited procured commercial due diligence for Project Paccha, supporting a transaction. The requirement was a professional business advisory service covering the commercial assessment of the transaction. It sits within business, consulting and related professional services. Delivery was in the United Kingdom. The procurement was organised as a single requirement, although the associated lot is recorded as cancelled while the award to the selected supplier remains active. The buyer is a national public-sector economic affairs organisation based in Leeds. This opportunity is therefore relevant to commercial due diligence firms, transaction advisers and management consultancies with experience assessing markets, business models, commercial prospects and transaction risks for public-sector or investment-related clients.

The procurement is complete and has been awarded. National Wealth Fund Limited selected Ernst & Young LLP. The contract is active, valued at £215,000, and was signed on 17 October 2024. The buyer used a limited award procedure without prior publication of a call for competition, through a Dynamic Purchasing System. Three bids were recorded, with none identified as coming from SMEs. Evaluation combined quality and price: price carried 30%, while quality carried 70%, based on understanding of requirements and proposed methodology (25%), project plan (25%), resourcing and team structure (10%), and key risks and mitigations (10%). The tender record shows the related lot as cancelled, despite the active award and contract.

This procurement demonstrates demand from National Wealth Fund Limited for specialist commercial due diligence linked to a transaction, at a substantial project scale. A credible competitor for a future requirement would need to show a clear understanding of the assignment and a robust, tailored methodology, supported by a practical project plan. The evaluation also placed material weight on the proposed team and its resourcing, so firms should be able to demonstrate suitable capacity, defined roles and effective delivery management. Evidence of identifying key commercial risks and developing workable mitigations would be important. The successful supplier profile indicates that established large professional-services firms can compete, while the recorded absence of SME bids may signal the need for strong specialist capability or a well-structured consortium.

How relevant is this notice?

Notice Information

Notice Title

C0818 Project Paccha Commercial Due Diligence

Notice Description

Commercial due diligence

Lot Information

Lot 1

Commercial due diligence in relation to a transaction

Procurement Information

This contract was competed under a Dynamic Purchasing System which was tendered under PCR15: https://www.find-tender.service.gov.uk/Notice/006418-2025 We are unable to link the notice (2025/S 000-006418) and select Restricted Procedure here since the FTS website will not allow us to link the notice, however, this has followed the correct procedure.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f724
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/086020-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£215,000 £100K-£500K

Notice Dates

Publication Date
10 Sep 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK 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

Supplier Information

Number of Suppliers
1
Supplier Name

Ernst & Young LLP

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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