Award

Provision of Valuations and Tax Advice to Businesses Considering Employee Ownership within Gwynedd

CWMPAS

This public procurement record has 2 releases in its history.

Summary of the contracting process

The Cwmpas organization based in Cardiff has awarded a contract for "Provision of Valuations and Tax Advice to Businesses Considering Employee Ownership within Gwynedd" to Bic Innovation. The contract, valued at £48,000, was signed on 6th February 2024. This opportunity falls under the services category and involves financial consultancy services. The project aims to support up to 10 businesses in Gwynedd by providing tax advice, company valuations, financial planning, access to finance, and forensic analysis of management accounts.

This tender by Cwmpas offers a valuable opportunity for businesses in the accounting and financial management consultancy services sector to engage in projects fostering employee ownership. Companies specialising in financial advice, company valuations, and management consultancy are well-suited to compete in this tender. Interested parties should take note of the closing date for submissions on 26th January 2024 and the award period ending on 1st March 2024 to participate effectively in this contracting process.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Valuations and Tax Advice to Businesses Considering Employee Ownership within Gwynedd

Notice Description

To work with a Cwmpas Business Consultant to support up to 10 businesses, (initially) in Gwynedd to investigate the potential of transferring the ownership of the business to its employees.:-* To advise on financial issues including tax; company valuations; financial planning and critically reviewing financial information.* To provide information and support to access to finance to support employee buy-outs and other social business investment needs.* To provide forensic analysis of management accounts; and company restructuring.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-137179
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137179
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
S2W Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79210000 - Accounting and auditing services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£48,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 20241 years ago
Submission Deadline
26 Jan 2024Expired
Future Notice Date
Not specified
Award Date
6 Feb 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CWMPAS
Contact Name
Glenn Bowen
Contact Email
Not specified
Contact Phone
+44 3001115050

Buyer Location

Locality
CARDIFF
Postcode
CF24 4HQ
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified

Local Authority
Cardiff
Electoral Ward
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
2
Supplier Names

BIC INNOVATION

CWMPAS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-kuma6s-137179-2024-03-12T08:55:08Z",
    "date": "2024-03-12T08:55:08Z",
    "ocid": "ocds-kuma6s-137179",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-50",
            "name": "Cwmpas",
            "address": {
                "streetAddress": "Sparc, Maindy Road,",
                "locality": "Cardiff",
                "postalCode": "CF24 4HQ"
            },
            "contactPoint": {
                "name": "Glenn Bowen",
                "telephone": "+44 3001115050",
                "faxNumber": "+44 3001115051",
                "url": "http://www.cwmpas.coop"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "org-52",
            "name": "Cwmpas",
            "address": {
                "streetAddress": "Spark, Maindy Road,",
                "locality": "Cardiff",
                "postalCode": "CF242HQ"
            },
            "roles": [
                "supplier",
                "buyer"
            ]
        },
        {
            "id": "org-123",
            "name": "Bic Innovation",
            "address": {
                "streetAddress": "M-Sparc, Parc Gwyddoniaeth Menai ,",
                "locality": "Gaerwen",
                "postalCode": "LL606AG"
            },
            "contactPoint": {
                "url": "http://www.bic-innovation.com"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "name": "Cwmpas",
        "id": "org-52"
    },
    "tender": {
        "id": "ocds-kuma6s-137179-tender-139867",
        "title": "Provision of Valuations and Tax Advice to Businesses Considering Employee Ownership within Gwynedd",
        "description": "To work with a Cwmpas Business Consultant to support up to 10 businesses, (initially) in Gwynedd to investigate the potential of transferring the ownership of the business to its employees.:-* To advise on financial issues including tax; company valuations; financial planning and critically reviewing financial information.* To provide information and support to access to finance to support employee buy-outs and other social business investment needs.* To provide forensic analysis of management accounts; and company restructuring.",
        "procurementMethod": "open",
        "mainProcurementCategory": "services",
        "submissionMethodDetails": "http://www.sell2wales.gov.wales",
        "tenderPeriod": {
            "endDate": "2024-01-26T12:00:00Z"
        },
        "eligibilityCriteria": "To be successful a bidder must score a minimum of 300 for Ability to Meet Requirements, Credible and Practical Approach",
        "awardPeriod": {
            "endDate": "2024-03-01T00:00:00Z"
        },
        "documents": [
            {
                "id": "ocds-kuma6s-137179-document-137179-DEC460260-1",
                "title": "ITT Info Doc",
                "url": "https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=DEC460260&idx=1",
                "datePublished": "2023-12-12T14:52:54Z",
                "dateModified": "2023-12-12T14:52:54Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "ocds-kuma6s-137179-document-137179-DEC460260-2",
                "title": "ITT CY",
                "url": "https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=DEC460260&idx=2",
                "datePublished": "2023-12-12T14:52:54Z",
                "dateModified": "2023-12-12T14:52:54Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            }
        ],
        "communication": {
            "atypicalToolUrl": "http://www.sell2wales.gov.wales"
        },
        "additionalClassifications": [
            {
                "id": "79210000",
                "description": "Accounting and auditing services",
                "scheme": "CPV"
            },
            {
                "id": "79412000",
                "description": "Financial management consultancy services",
                "scheme": "CPV"
            }
        ]
    },
    "noticetype": "S2W Notice - Website Contract Award Notice",
    "awards": [
        {
            "id": "ocds-kuma6s-137179-award-139867-90",
            "value": {
                "amount": 48000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "org-123",
                    "name": "Bic Innovation"
                }
            ],
            "items": [
                {
                    "id": "ocds-kuma6s-137179-awarditem-139867-90"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "ocds-kuma6s-137179-award-139867-90",
            "awardID": "ocds-kuma6s-137179-award-139867-90",
            "status": "active",
            "dateSigned": "2024-02-06T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "ocds-kuma6s-137179-bidsstatistic-139867-90",
                "measure": "bids",
                "value": 1
            }
        ]
    }
}