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Business Response Framework

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

15 Nov 2019 at 00:00

OJEU - F3 - Contract Award Notice
Tender

26 Jul 2019 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The procurement process involves the Scottish Enterprise, which has initiated a tender titled "Business Response Framework" aimed at establishing an effective mechanism for conducting due diligence on companies facing difficulties. This tender falls under the services category and is based in Glasgow, Scotland. The procurement method is 'open', allowing a wide range of participation. Key dates include the tender period that concluded on 26th August 2019, with the contract awarded on 11th November 2019, amounting to £1,747,500 GBP. The tender is now marked as complete, having passed all necessary stages including planning and execution.

This tender represents a significant opportunity for businesses specialising in financial analysis, risk assessment, and market studies, particularly those with experience working with struggling firms. Smaller and mid-sized enterprises (SMEs) are encouraged to compete, as the project seeks varied input on turnaround strategies and viability assessments. With the possibility of both short-term and long-term contracts resulting from this framework, businesses adept in delivering high-quality consultancy and assessment services can position themselves advantageously in the evolving market landscape.

How relevant is this notice?

Notice Information

Notice Title

Business Response Framework

Notice Description

The aim of this Framework is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on companies in difficulty to inform decision making. Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of successful turnaround.

Lot Information

Lot 1

The aim of this Framework is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on companies in difficulty to inform decision making. Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of successful turnaround.

Renewal: The framework agreement will be awarded for 36 months with an option to extend for one further period of 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000592462
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV372280
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£1,750,000 £1M-£10M
Lots Value
£1,750,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,747,500 £1M-£10M

Notice Dates

Publication Date
15 Nov 20196 years ago
Submission Deadline
26 Aug 2019Expired
Future Notice Date
Not specified
Award Date
11 Nov 20196 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
Additional Buyers

Scottish Government

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

Buyer Location

Locality
EDINBURGH
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
4
Supplier Names

Ernst & Young LLP (EY)

Grant Thornton UK LLP

KPMG

Scott-Moncrieff

Further Information

Notice Documents

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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