Notice Information
Notice Title
Due Diligence Framework
Notice Description
This is a Contract Award Notice and as such the procurement process is complete. The diversity of projects HIE deals with from clients or delivered directly requires us to undertake due diligence which necessitate a wide range of skillsets to understand the proposals, appraise the merits and understand the investment risks. In most cases, due diligence is undertaken by HIE staff themselves, but from time to time there can be more complex challenges or resourcing issues which lead to a requirement for HIE to seek external support. The contract has been awarded under a multi supplier Framework basis to 3 suppliers. The Framework will commence in October 2020 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between 540 000 GBP and 720 000 GBP (excluding VAT).
Lot Information
Lot 1
The Objectives of the Framework are to: - support HIE's decision making and resource prioritisation - provide access to specialist knowledge and - develop skills / build capacity in HIE. Types of support will include, but are not limited to: - financial reviews - strategic business reviews - assessing investor proposals - distress situations - R&D / Innovation - technical assessments / R&D tax assessments and - general technical assessments.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.
Options: HIE reserves the right to order any variation to any quantity or specification of any part of the Services that for any reason shall in HIE's opinion be desirable. Any such variation may include (but shall not be restricted to) additions, omissions, alterations, substitutions to the Services and changes in quality, form, character, kind, timing, method or sequence of the provision of Services. The conditions under which such variations may be required are as a result of changes to HIE and/or Scottish Government policy or strategy in relation to which the services and support HIE provides or is to provide, or a change to the nature of the services or the enterprises which HIE supports. Any such modification shall be in terms of Regulation 72 of the Public Contracts (Scotland) Regulations 2015.
Renewal: It is expected that the Framework will be awarded in October 2020 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000621022
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV398859
- 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
66 - Financial and insurance services
72 - IT services: consulting, software development, Internet and support
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
66171000 - Financial consultancy services
72221000 - Business analysis consultancy services
79211000 - Accounting services
79411100 - Business development consultancy services
79412000 - Financial management consultancy services
Notice Value(s)
- Tender Value
- £960,000 £500K-£1M
- Lots Value
- £960,000 £500K-£1M
- Awards Value
- Not specified
- Contracts Value
- £960,000 £500K-£1M
Notice Dates
- Publication Date
- 3 Nov 20205 years ago
- Submission Deadline
- 12 Aug 2020Expired
- Future Notice Date
- Not specified
- Award Date
- 29 Oct 20205 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- HIE reserves the right to re-tender for these services upon termination of the Framework or at the end of the Framework period, including any extension period.
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- HIGHLANDS AND ISLANDS ENTERPRISE
- Contact Name
- Not specified
- Contact Email
- hieprocurement@hient.co.uk
- Contact Phone
- +44 1463245245
Buyer Location
- Locality
- INVERNESS
- Postcode
- IV2 5NA
- Post Town
- Inverness
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM2 Highlands and Islands
- Small Region (ITL 3)
- TLM20 Highlands and Islands
- Delivery Location
- TLM6 Highlands and Islands
-
- Local Authority
- Highland
- Electoral Ward
- Inverness South
- Westminster Constituency
- Inverness, Skye and West Ross-shire
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=11
4th August 2020 - Response to Q16 re T&Cs -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=8
16th July 2020 - Terms and Conditions -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=10
16th July 2020 - Revised Terms and Conditions - new clause Clause 30.4 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=7
3rd July 2020 - Forms for Signature -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=9
3rd July 2020 - HIE Business Travel Policy -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=1
3rd July 2020 - Scope of Requirements and Tender Guidance Notes -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=2
3rd July 2020 - Award Criteria Response Form -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=3
3rd July 2020 - Cyber Security Response Form -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=4
3rd July 2020 - Pricing Proforma -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=5
3rd July 2020 - Community Benefits and Fair Work Practices Guidance -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL389571&idx=6
3rd July 2020 - Community Benefits and Fair Work Practices Response Form -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL389571
Due Diligence Framework - The diversity of projects HIE deals with from clients or delivered directly requires us to undertake due diligence which necessitate a wide range of skillsets to understand the proposals, appraise the merits and understand the investment risks. In most cases, due diligence is undertaken by HIE staff themselves, but from time to time there can be more complex challenges or resourcing issues which lead to a requirement for HIE to seek external support. The contract will be awarded under a multi supplier Framework basis to approximately 3 suppliers. It is expected that the Framework will be awarded in October 2020 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between 540 000 GBP and 720 000 GBP (excluding VAT). -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV398859
Due Diligence Framework - This is a Contract Award Notice and as such the procurement process is complete. The diversity of projects HIE deals with from clients or delivered directly requires us to undertake due diligence which necessitate a wide range of skillsets to understand the proposals, appraise the merits and understand the investment risks. In most cases, due diligence is undertaken by HIE staff themselves, but from time to time there can be more complex challenges or resourcing issues which lead to a requirement for HIE to seek external support. The contract has been awarded under a multi supplier Framework basis to 3 suppliers. The Framework will commence in October 2020 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between 540 000 GBP and 720 000 GBP (excluding VAT).
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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],
"contracts": [
{
"id": "O191",
"awardID": "O191",
"status": "active",
"value": {
"amount": 960000,
"currency": "GBP"
},
"dateSigned": "2020-10-29T00:00:00Z"
}
],
"relatedProcesses": [
{
"id": "1",
"relationship": [
"planning"
],
"scheme": "EU-OJ",
"identifier": "2020/S 127-312108"
}
],
"bids": {
"statistics": [
{
"id": "714",
"measure": "bids",
"value": 19,
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},
{
"id": "715",
"measure": "smeBids",
"value": 13,
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},
{
"id": "716",
"measure": "foreignBidsFromEU",
"value": 0,
"relatedLot": "1"
},
{
"id": "717",
"measure": "foreignBidsFromNonEU",
"value": 0,
"relatedLot": "1"
},
{
"id": "718",
"measure": "electronicBids",
"value": 19,
"relatedLot": "1"
}
]
}
}