Tender

Listed Shares Broker Service Framework

SCOTTISH ENTERPRISE

This public procurement record has 1 release in its history.

Tender

23 Jun 2021 at 00:00

Summary of the contracting process

Scottish Enterprise is seeking proposals for a Listed Shares Broker Service Framework, aimed at managing its portfolio of listed shares as it anticipates the need to sell these assets over the coming years. The procurement process is at the Tender stage, with submissions due by 12:00 PM on 12th July 2021. This public contract falls within the services category, with a total value of £500,000. It is based in Glasgow, with key communication channels established through their website and dedicated contact points for enquiries.

This tender presents significant opportunities for financial service providers, particularly those experienced in managing and brokering listed equities on international markets, including New York, London, NASDAQ, and AIM. Firms registered with the Financial Conduct Authority and possessing expertise in economic affairs are well-suited to compete for this contract, which may lead to substantial partnerships with an established agency focused on promoting growth in Scottish businesses.

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Notice Title

Listed Shares Broker Service Framework

Notice Description

The Growth Investments Team within Scottish Enterprise has a portfolio of listed shares, which will require to be sold down over the coming years to provide future income for Scottish Enterprise. The current listed share portfolio comprises of four main holdings, listed on the New York, London, NASDAQ and AIM markets respectively. This proposed framework will encompass the current listed share portfolio and any future listed shares that Scottish Enterprise may own as a result of its investment activities into early stage Scottish private companies.

Lot Information

Lot 1

The Growth Investments Team within Scottish Enterprise has a portfolio of listed shares, which will require to be sold down over the coming years to provide future income for Scottish Enterprise. The current listed share portfolio comprises of four main holdings, listed on the New York, London, NASDAQ and AIM markets respectively. This proposed framework will encompass the current listed share portfolio and any future listed shares that Scottish Enterprise may own as a result of its investment activities into early stage Scottish private companies.

Renewal: Initial period of the Framework will be for 36 months with the option to extend by 1 period of 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000658002
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN419011
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66130000 - Brokerage and related securities and commodities services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jun 20214 years ago
Submission Deadline
12 Jul 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH ENTERPRISE
Additional Buyers

SCOTTISH GOVERNMENT

Contact Name
Laury-Anne Boschman
Contact Email
gordon.hutton@scotent.co.uk, laury-anne.boschman@gov.scot
Contact Phone
+44 1414686024, +44 7584143578

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM Scotland

Local Authority
City of Edinburgh
Electoral Ward
Leith
Westminster Constituency
Edinburgh North and Leith

Further Information

Notice Documents

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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