Award

Growth Investments Support Services Framework

SCOTTISH ENTERPRISE

This public procurement record has 2 releases in its history.

Award

08 Mar 2022 at 00:00

Tender

07 Dec 2021 at 00:00

Summary of the contracting process

The recent procurement process titled "Growth Investments Support Services Framework" is initiated by Scottish Enterprise, located at Atrium Court, 50 Waterloo Street, Glasgow, UK. The procurement, which is currently in the award stage, follows an open procedure and pertains to the services industry. The tender process concluded on 14 January 2022, with a contract value of £440,000. The aim of the procurement is to appoint between 3-6 suppliers to provide expert support in investment management, accounting, and corporate finance interventions across various projects undertaken by Growth Investments.

This contract presents a significant opportunity for businesses seeking to expand their operations in the consultancy and financial advisory sectors. Companies with expertise in investment management and related services, especially those that can handle multiple projects simultaneously, would be well-positioned to compete. Additionally, suppliers of varying scales, including small and medium enterprises (SMEs) as well as larger firms, may find this tender particularly accessible due to the diverse requirements outlined in the tender specifications.

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Notice Title

Growth Investments Support Services Framework

Notice Description

The purpose of this ITT is to appoint an anticipated number of 3-6 suppliers to deliver periodic expert support a range of different investment management, accounting, and corporate finance interventions as detailed in the Scope of Services section in the Invitation To Tender.

Lot Information

Lot 1

Scottish Enterprise ("SE") is seeking to establish a support services framework of suitably qualified and experienced specialists to carry out specific projects across a range of activities in which Growth Investments ("GI") is engaged. GI has a periodic requirement for expert and specialist expertise on specific projects to supplement and complement the GI team in the delivery of time-critical activities across all areas of the business. Successful delivery of GI's objectives relies upon considerable market knowledge and expertise, and the support services framework will ensure that the GI team has immediate access to specialist expertise as and when required. Successful applicants will be required to cover all of SE's geographic area and may be working on more than one project simultaneously, so capacity to deliver is essential. Commissions from the support services framework will relate to specific projects where time pressures exist and/or where specialist skills or input is required to ensure no commercially expensive delays or sub-optimal outcomes for GI. The requirement for support will be periodic and will involve the provision of expert input in the key areas of Investment Management and Investor & Financial Diligence, supporting GI in the delivery of its objectives.

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-r6ebe6-0000675595
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR442736
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66122000 - Corporate finance and venture capital services

66171000 - Financial consultancy services

79400000 - Business and management consultancy and related services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£440,000 £100K-£500K
Lots Value
£440,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£440,000 £100K-£500K

Notice Dates

Publication Date
8 Mar 20223 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
16 Feb 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
November 2025

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH ENTERPRISE
Additional Buyers

SCOTTISH GOVERNMENT

Contact Name
Ann Paterson
Contact Email
angus.mackenzie2@gov.scot, ann.paterson@gov.scot, lesley.reid@scotent.co.uk
Contact Phone
+44 131247556, +44 1414686024

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Post Town
Glasgow
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

Supplier Information

Number of Suppliers
6
Supplier Names

BRIAN SCOULER

CHIENE + TAIT

DEMPSTER SOLUTIONS

HENDERSON LOGGIE

PRICEWATERHOUSECOOPERS

TENEO FINANCIAL ADVISORY

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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