Notice Information
Notice Title
Framework for the Provision of Commercial Advisors
Notice Description
The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. Six suppliers are appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year.
Lot Information
Lot 1
The Rapid Response Unit (RRU) has been created to tackle a wide range of economic challenges as a result of Covid-19 and Brexit to enhance The Scottish Government's (SG) support for business resilience and ensure ensure access to economic analysis, company information and sector specific inputs capable of obtaining risks and offering help and support. Accordingly, to assist a business in crisis, the RRU will: - Scale up and enhance analytical capacity to provide for evidence-based decisions on business support reinforced by a number of new systems and tools; and - Scale up and enhance existing capacity to deal with actions emerging from special cases, where interventions involve repurposing or some other form of longer term support for transition before handing back to policy teams for business as usual activities. Pace is critical when responding to companies at risk and the aim 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 outcome. It is uncertain as to the number of instances of referral of businesses in crisis and as each case will be unique, it is difficult to determine as to the duration of the due diligence that would be undertaken by commercial advisors. It is likely that the commercial advice and inputs required may vary considerably due to differing contexts and business considerations. Six suppliers are appointed to the framework offering a range of integrated professional services including but not limited to: accountancy/financial management, and tax advice, commercial advisory services, restructuring and turnaround specialisms, specialist technical expertise such as economic and market analysis and other considerations including impacts of Subsidy Control (formerly State Aid).
Renewal: Following the end of the initial three year term, the Framework may be extended by a period of up to 12 months.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000670908
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP460262
- 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
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
- £32,000,000 £10M-£100M
- Lots Value
- £32,000,000 £10M-£100M
- Awards Value
- Not specified
- Contracts Value
- £32,000,000 £10M-£100M
Notice Dates
- Publication Date
- 29 Sep 20223 years ago
- Submission Deadline
- 25 Nov 2021Expired
- Future Notice Date
- Not specified
- Award Date
- 31 Aug 20223 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 GOVERNMENT
- Contact Name
- Alastair Dougall, Alison Gardiner, Martin Mooney
- Contact Email
- alastair.dougall@gov.scot, alison.gardiner@gov.scot, martin.mooney@gov.scot
- Contact Phone
- +44 07827990261, +44 1312446007, +44 1412425594
Buyer Location
- Locality
- EDINBURGH
- Postcode
- EH6 6QQ
- Post Town
- Edinburgh
- 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
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT431223
Framework for the Provision of Commercial Advisors - The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. It is anticipated that a maximum of six suppliers will be appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP460262
Framework for the Provision of Commercial Advisors - The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. Six suppliers are appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year.
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.
{
"tag": [
"compiled"
],
"id": "ocds-r6ebe6-0000670908-2022-09-29T00:00:00Z",
"date": "2022-09-29T00:00:00Z",
"ocid": "ocds-r6ebe6-0000670908",
"initiationType": "tender",
"parties": [
{
"id": "org-20",
"name": "Scottish Government",
"identifier": {
"legalName": "Scottish Government"
},
"address": {
"streetAddress": "Area 3A South, Victoria Quay,",
"locality": "Edinburgh",
"region": "UKM",
"postalCode": "EH6 6QQ"
},
"contactPoint": {
"name": "Martin Mooney",
"email": "martin.mooney@gov.scot",
"telephone": "+44 07827990261",
"url": "https://www.publictendersscotland.publiccontractsscotland.gov.uk"
},
"roles": [
"buyer",
"centralPurchasingBody",
"mediationBody",
"reviewContactPoint"
],
"details": {
"classifications": [
{
"id": "Ministry or any other national or federal authority, including their regional or local subdivisions",
"scheme": "TED_CA_TYPE"
},
{
"id": "01",
"description": "General public services",
"scheme": "COFOG"
}
],
"url": "http://www.scotland.gov.uk"
}
},
{
"id": "org-12",
"name": "Edinburgh Sheriff Court and Justice of the Peace Court",
"identifier": {
"legalName": "Edinburgh Sheriff Court and Justice of the Peace Court"
},
"address": {
"streetAddress": "Sheriff Court House, 27 Chambers Street",
"locality": "Edinburgh",
"postalCode": "EH1 1LB"
},
"contactPoint": {
"email": "edinburghcommercial@scotcourts.gov.uk",
"telephone": "+44 1312252525",
"url": "https://www.scotcourts.gov.uk/the-courts/court-locations/edinburgh-sheriff-court-and-justice-of-the-peace-court"
},
"roles": [
"reviewBody",
"reviewContactPoint"
]
},
{
"id": "org-6",
"name": "Scottish Government",
"identifier": {
"legalName": "Scottish Government"
},
"address": {
"streetAddress": "5 Atlantic Quay, 150 Broomielaw",
"locality": "Glasgow",
"region": "UKM",
"postalCode": "G2 8LU"
},
"contactPoint": {
"name": "Alastair Dougall",
"email": "alastair.dougall@gov.scot",
"telephone": "+44 1412425594",
"url": "http://"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.scotland.gov.uk"
}
},
{
"id": "org-77",
"name": "Scottish Government",
"identifier": {
"legalName": "Scottish Government"
},
"address": {
"streetAddress": "4 Atlantic Quay, 70 York St",
"locality": "Glasgow",
"region": "UKM",
"postalCode": "G2 8EA"
},
"contactPoint": {
"name": "Alison Gardiner",
"email": "alison.gardiner@gov.scot",
"telephone": "+44 1312446007",
"url": "http://"
},
"roles": [
"buyer",
"centralPurchasingBody"
],
"details": {
"classifications": [
{
"id": "Ministry or any other national or federal authority, including their regional or local subdivisions",
"scheme": "TED_CA_TYPE"
},
{
"id": "01",
"description": "General public services",
"scheme": "COFOG"
}
],
"url": "http://www.scotland.gov.uk"
}
},
{
"id": "org-78",
"name": "Teneo Restructuring Limited",
"identifier": {
"legalName": "Teneo Restructuring Limited"
},
"address": {
"streetAddress": "100 West George Street",
"locality": "Glasgow",
"region": "UKM",
"postalCode": "G2 1PP"
},
"contactPoint": {
"telephone": "+44 1416191609"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-79",
"name": "FRP Advisory",
"identifier": {
"legalName": "FRP Advisory"
},
"address": {
"streetAddress": "Level 2 The Beacon, 176 St Vincent Street",
"locality": "Glasgow",
"region": "UK",
"postalCode": "G2 5SG"
},
"contactPoint": {
"telephone": "+44 7935708468"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-80",
"name": "Ernst & Young LLP (EY)",
"identifier": {
"legalName": "Ernst & Young LLP (EY)"
},
"address": {
"streetAddress": "G1 Building, 5 George Square",
"locality": "Glasgow",
"region": "UK",
"postalCode": "G2 1DY"
},
"contactPoint": {
"telephone": "+44 2079512000"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-81",
"name": "McKinsey & Company",
"identifier": {
"legalName": "McKinsey & Company"
},
"address": {
"streetAddress": "No. 1 Jermyn Street, London",
"locality": "london",
"region": "UK",
"postalCode": "SW1Y 4UH"
},
"contactPoint": {
"telephone": "+44 2079616192"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-82",
"name": "Interpath Advisory",
"identifier": {
"legalName": "Interpath Advisory"
},
"address": {
"streetAddress": "1 Kings Arms Yard",
"locality": "London",
"region": "UK",
"postalCode": "EC2R 7AF"
},
"contactPoint": {
"telephone": "+44 2033074191"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-83",
"name": "PwC",
"identifier": {
"legalName": "PwC"
},
"address": {
"streetAddress": "London, 8",
"locality": "London",
"region": "UK",
"postalCode": "SE1 2RX"
},
"roles": [
"supplier"
],
"details": {
"scale": "large",
"url": "http://"
}
},
{
"id": "org-84",
"name": "Edinburgh Sheriff Court and Justice of the Peace Court",
"identifier": {
"legalName": "Edinburgh Sheriff Court and Justice of the Peace Court"
},
"address": {
"streetAddress": "27 Chambers Street",
"locality": "Edinburgh",
"postalCode": "EH1 1LB"
},
"contactPoint": {
"telephone": "+44 1312252525",
"url": "https://www.scotcourts.gov.uk/the-courts/court-locations/edinburgh-sheriff-court-and-justice-of-the-peace-court"
},
"roles": [
"reviewBody",
"mediationBody"
]
}
],
"buyer": {
"name": "Scottish Government",
"id": "org-77"
},
"tender": {
"id": "Case 565709",
"title": "Framework for the Provision of Commercial Advisors",
"description": "The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. Six suppliers are appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year.",
"status": "complete",
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"region": "UKM"
},
{
"region": "UKM"
}
],
"relatedLot": "1"
}
],
"value": {
"amount": 32000000,
"currency": "GBP"
},
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"mainProcurementCategory": "services",
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "https://www.publictendersscotland.publiccontractsscotland.gov.uk/",
"tenderPeriod": {
"endDate": "2021-11-25T12:00:00Z"
},
"awardPeriod": {
"startDate": "2021-11-25T12:00:00Z"
},
"documents": [
{
"id": "OCT431223",
"documentType": "contractNotice",
"title": "Framework for the Provision of Commercial Advisors",
"description": "The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. It is anticipated that a maximum of six suppliers will be appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year.",
"url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT431223",
"format": "text/html"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
},
{
"id": "SEP460262",
"documentType": "awardNotice",
"title": "Framework for the Provision of Commercial Advisors",
"description": "The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent 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 outcome. Six suppliers are appointed to the framework. The estimated value of the Framework provides for the initial three years plus one potential extension year.",
"url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP460262",
"format": "text/html"
}
],
"lots": [
{
"id": "1",
"description": "The Rapid Response Unit (RRU) has been created to tackle a wide range of economic challenges as a result of Covid-19 and Brexit to enhance The Scottish Government's (SG) support for business resilience and ensure ensure access to economic analysis, company information and sector specific inputs capable of obtaining risks and offering help and support. Accordingly, to assist a business in crisis, the RRU will: - Scale up and enhance analytical capacity to provide for evidence-based decisions on business support reinforced by a number of new systems and tools; and - Scale up and enhance existing capacity to deal with actions emerging from special cases, where interventions involve repurposing or some other form of longer term support for transition before handing back to policy teams for business as usual activities. Pace is critical when responding to companies at risk and the aim 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 outcome. It is uncertain as to the number of instances of referral of businesses in crisis and as each case will be unique, it is difficult to determine as to the duration of the due diligence that would be undertaken by commercial advisors. It is likely that the commercial advice and inputs required may vary considerably due to differing contexts and business considerations. Six suppliers are appointed to the framework offering a range of integrated professional services including but not limited to: accountancy/financial management, and tax advice, commercial advisory services, restructuring and turnaround specialisms, specialist technical expertise such as economic and market analysis and other considerations including impacts of Subsidy Control (formerly State Aid).",
"status": "complete",
"value": {
"amount": 32000000,
"currency": "GBP"
},
"awardCriteria": {
"criteria": [
{
"type": "quality",
"name": "Technical",
"description": "70"
},
{
"type": "price",
"description": "30"
}
]
},
"hasOptions": false,
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"contractPeriod": {
"durationInDays": 1080
},
"hasRenewal": true,
"renewal": {
"description": "Following the end of the initial three year term, the Framework may be extended by a period of up to 12 months."
}
}
],
"bidOpening": {
"date": "2021-11-25T12:00:00Z"
},
"communication": {
"atypicalToolUrl": "https://www.publictendersscotland.publiccontractsscotland.gov.uk/"
},
"contractTerms": {
"hasElectronicPayment": true,
"hasElectronicOrdering": true,
"electronicInvoicingPolicy": "allowed"
},
"coveredBy": [
"GPA"
],
"otherRequirements": {
"requiresStaffNamesAndQualifications": true
},
"selectionCriteria": {
"criteria": [
{
"type": "economic",
"description": "Statement for 4B.4 Bidders must demonstrate a Current Ratio of no less than 1.0. Current Ratio will be calculated as follows: net current assets divided by net current liabilities. There must be no qualification or contra-indication from any evidence provided in support of the bidders economic and financial standing. Bidders should state if they have applied IFRS15 to their Accounts.",
"minimum": "Bidders must have in place the following minimum insurance levels: - Public Liability Insurance - 5,000,000 GBP - Professional Indemnity Insurance - 5,000,000 GBP - Employer's Liability Insurance - 5,000,000 GBP Such insurances must be maintained for the duration of the Contract and for a minimum of 5 years following the expiry or termination of the Contract as appropriate."
}
]
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 180
}
},
"techniques": {
"hasFrameworkAgreement": true,
"frameworkAgreement": {
"maximumParticipants": 6
}
},
"classification": {
"id": "79400000",
"scheme": "CPV"
},
"hasRecurrence": false,
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"amendments": [
{
"id": "amd-23",
"description": "The date of 25th November was incorrect - this has been corrected to Friday 26th November 2021 as per the Invitation to Tender documentation",
"unstructuredChanges": [
{
"oldValue": {
"date": "2021-11-25T12:00:00Z"
},
"newValue": {
"date": "2021-11-26T12:00:00Z"
},
"where": {
"section": "IV.2.2",
"label": "Time limit"
}
},
{
"oldValue": {
"date": "2021-11-25T12:00:00Z"
},
"newValue": {
"date": "2021-11-26T12:00:00Z"
},
"where": {
"section": "IV.2.7",
"label": "Conditions for opening of tenders"
}
}
]
}
]
},
"language": "EN",
"description": "(SC Ref:708114)",
"links": [
{
"rel": "canonical",
"href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000670908"
},
{
"rel": "canonical",
"href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000670908"
},
{
"rel": "canonical",
"href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000670908"
}
],
"noticetype": "OJEU - F3 - Contract Award Notice",
"awards": [
{
"id": "Case 565709",
"suppliers": [
{
"id": "org-78",
"name": "Teneo Restructuring Limited"
},
{
"id": "org-79",
"name": "FRP Advisory"
},
{
"id": "org-80",
"name": "Ernst & Young LLP (EY)"
},
{
"id": "org-81",
"name": "McKinsey & Company"
},
{
"id": "org-82",
"name": "Interpath Advisory"
},
{
"id": "org-83",
"name": "PwC"
}
],
"relatedLots": [
"1"
]
}
],
"contracts": [
{
"id": "Case 565709",
"awardID": "Case 565709",
"status": "active",
"value": {
"amount": 32000000,
"currency": "GBP"
},
"dateSigned": "2022-08-31T00:00:00Z"
}
],
"relatedProcesses": [
{
"id": "1",
"relationship": [
"planning"
],
"scheme": "EU-OJ",
"identifier": "2021/S 000-026743"
}
],
"bids": {
"statistics": [
{
"id": "133",
"measure": "bids",
"value": 11,
"relatedLot": "1"
},
{
"id": "134",
"measure": "smeBids",
"value": 0,
"relatedLot": "1"
},
{
"id": "135",
"measure": "foreignBidsFromEU",
"value": 0,
"relatedLot": "1"
},
{
"id": "136",
"measure": "foreignBidsFromNonEU",
"value": 11,
"relatedLot": "1"
},
{
"id": "137",
"measure": "electronicBids",
"value": 11,
"relatedLot": "1"
}
]
}
}