Variation to Strategic Investment Model (SIM) Management Services contract

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        "id": "JAN469471",
        "title": "Variation to Strategic Investment Model (SIM) Management Services contract",
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                "title": "Variation to Strategic Investment Model (SIM) Management Services contract",
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                "description": "In April 2023, Crown Estate Scotland, as agent on behalf of SOWEC, appointed OVE Arup & Partners to provide a number of management and other associated services (SIM (Strategic Investment Management) Management Service Provider) to the SIM Group for an initial period of up to 12 months. Crown Estate Scotland was to be the contracting party as agent on behalf of the SIM Group pending a new legal entity (SIM legal vehicle) being created. The intention is that, once the SIM legal vehicle has been established, the contract would be novated to that newly created legal entity. The new legal entity has not been established and Crown Estate Scotland (as agent) has continued to be the contracting party with OVE Arup & Partners to ensure the SIM process succeeds. The value of the original appointment was GBP339,670 which was based on an assumption of a number of applications. Subsequently 44 applications were received which was in excess of the numbers assumed. As a result, there will require to be additional resource allocated to exceed this requirement. The extra resource required to evaluate applications and provide project information to the SIM Group has resulted in an increased contract value of GBP460,000 and the contract expiration date confirmed as 16th April 2024.",
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                    "durationInDays": 360
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            "dateSigned": "2023-04-17T00:00:00Z",
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                    "id": "amd-8",
                    "description": "The value of the original appointment was GBP339,670 which was based on an assumption of a number of applications. Subsequently 44 applications were received which was in excess of the numbers assumed. As a result, there will require to be additional resource allocated to exceed this requirement.",
                    "rationale": "Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: The number of applications to the SIM process has exceeded applications and the resource required to evaluate the applications and provide project information to the SIM Group has increased. The level of the applications could not have been reasonably foreseen at the point of the competition being commenced, On the basis that the works involve the evaluation of a number of different applications, it would not be possible to split the services as it would lead to difficulties in relation to ensuring consistencies between two separate teams and ultimately would lead to increased and duplication of costs."
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