This public procurement record has 1 release in its history.

Summary of the contracting process

The Scottish Government has awarded a contract for the provision of commercial advice services under the title "Project Sakura Commercial Advice Services" in the services category. The procurement process was completed on 4th July 2023. The buying organisation is located in Glasgow, UK, with key contact details provided. The contract, with a total value of £2,000,000 GBP, was signed on 13th June 2023. The successful supplier is Teneo Financial Advisory Limited based in Glasgow.

This tender for commercial advice services presents an opportunity for businesses, especially those in the financial advisory sector, to engage with the Scottish Government. The procurement method used was an open procedure, allowing a fair chance for suppliers to participate. Businesses offering large-scale financial advisory services may find this tender well-suited for their expertise. The contract aims to inform the Scottish Government's strategic analysis options in relation to a public-owned commercial property asset, creating potential for long-term business growth through strategic collaboration.

How relevant is this notice?

Notice Title

Project Sakura Commercial Advice Services

Notice Description

Commercial Advice Services

Lot Information

Lot 1

Provision of commercial advice services to further inform Scottish Governments strategic analysis options in relation to a public owned commercial property asset.. Call down from CCS Framework Reference RM6269 Restructuring and Insolvency

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000737490
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL482744
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
£2,000,000 £1M-£10M

Notice Dates

Publication Date
4 Jul 20233 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Jun 20233 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Postcode Area
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
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

Teneo Financial Advisory Limited

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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