Award

Award of Professional Services to Support Investment Decision Making

SCOTTISH GOVERNMENT

This public procurement record has 1 release in its history.

Summary of the contracting process

The Scottish Government recently concluded a tender process for the award of professional services aimed at supporting investment decision-making, specifically for the Scottish National Investment Bank. This procurement, classified under the services category with CPV code 66171000, was conducted using an open procedure and is currently at the award stage. The contract, which has a total value of £49,000, was signed on 26 August 2020, with the procurement process concluded on 7 September 2020. The service is to be delivered in the UK, primarily from the buyer's base at 5 Atlantic Quay, Glasgow.

This tender presents a significant opportunity for businesses that specialise in investment analysis and consultancy. Firms with experience in developing investment pipelines or those capable of supporting transaction development would be particularly well-suited to engage with this contract. Although only one bid was registered for this opportunity, it highlights a demand for strategic financial services, indicating a competitive landscape for businesses looking to expand their operations within the public sector, especially in the realm of investment financing.

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Notice Title

Award of Professional Services to Support Investment Decision Making

Notice Description

The Scottish National Investment Bank has been working to develop a pipeline of investment opportunities. Some of these are already being developed as individual transactions given the strong alignment with missions and the immediate need for finance to support project deliver or growth ambitions. Investment Analysts are required to support the ongoing transaction development.

Lot Information

Lot 1

The Scottish National Investment Bank has been working to develop a pipeline of investment opportunities. Some of these are already being developed as individual transactions given the strong alignment with missions and the immediate need for finance to support project deliver or growth ambitions. Investment Analysts are required to support the ongoing transaction development.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000629876
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP394121
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£49,000 Under £100K

Notice Dates

Publication Date
7 Sep 20205 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Aug 20205 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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH GOVERNMENT
Contact Name
Not specified
Contact Email
sarah.hamilton@gov.scot
Contact Phone
+44 1412425962

Buyer Location

Locality
GLASGOW
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP394121
    Award of Professional Services to Support Investment Decision Making - The Scottish National Investment Bank has been working to develop a pipeline of investment opportunities. Some of these are already being developed as individual transactions given the strong alignment with missions and the immediate need for finance to support project deliver or growth ambitions. Investment Analysts are required to support the ongoing transaction development.

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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