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Due Diligence Services

South of Scotland Enterprise Agency

This public procurement record has 2 releases in its history.

Award

14 Jan 2021 at 00:00

OJEU - F3 - Contract Award Notice
Tender

18 Sep 2020 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The South of Scotland Enterprise Agency is conducting a tender process for "Due Diligence Services" aimed at engaging a ranked framework contract service provider for financial and business-related due diligence services targeted at SMEs in the South of Scotland, specifically within the Scottish Borders and Dumfries and Galloway regions. The procurement, classified under the services category, is currently at the award stage, with a total value of £400,000. Interested bidders were invited to submit their tenders electronically by the deadline of 27 October 2020, following an open procurement method, which encourages wide participation.

This tender presents substantial opportunities for businesses, particularly those specialising in financial consultancy, business advisory services, and due diligence. Companies of all sizes, including SMEs, are encouraged to participate, especially those equipped to deliver services such as financial reviews, strategic business plans, and technical assessments. The awarded contracts are expected to support the socio-economic development of the region while promoting fair work practices, which could enhance the value proposition for participating firms.

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Notice Information

Notice Title

Due Diligence Services

Notice Description

The South of Scotland Enterprise Agency are undertaking a tender process to identify and appoint a ranked framework contract Service Provider(s) of financial and business-related due diligence services for SME's within the South of Scotland (Scottish Borders and Dumfries and Galloway) area.

Lot Information

Dumfries and Galloway Area

Provide financial and business related due diligence services to SME's within the South of Scotland area. Types of support will include, but are not limited to: - financial reviews - strategic business reviews - investor ready business plans - assessing investor proposals - distress situations - R&D / Innovation - technical assessments / R&D tax assessments and - general technical assessments.

Renewal: Option to extend for a further 12 month period.

Scottish Borders Area

Provide financial and business related due diligence services to SME's within the South of Scotland area. Types of support will include, but are not limited to: - financial reviews - strategic business reviews - investor ready business plans - assessing investor proposals - distress situations - R&D / Innovation - technical assessments / R&D tax assessments and - general technical assessments.

Renewal: Option to extend for a 12-month extension.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000624972
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN404180
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
£400,000 £100K-£500K
Lots Value
£400,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£400,000 £100K-£500K

Notice Dates

Publication Date
14 Jan 20215 years ago
Submission Deadline
27 Oct 2020Expired
Future Notice Date
Not specified
Award Date
21 Dec 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
SOSE 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
South of Scotland Enterprise Agency
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DUMFRIES
Postcode
DG1 4TA
Postcode Area
Dumfries and Galloway
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM92 Dumfries and Galloway
Delivery Location
TLM91 Scottish Borders, TLM92 Dumfries and Galloway
Local Authority
Dumfries and Galloway
Electoral Ward
Nith
Westminster Constituency
Dumfries and Galloway

Supplier Information

Number of Suppliers
2
Supplier Names

CJM Project Financial Management Ltd

Ernst & Young LLP (EY)

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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