This public procurement record has 2 releases in its history.

Award

16 May 2024 at 01:00

Tender

25 Jan 2024 at 00:00

Summary of the contracting process

The Scottish Government has awarded a contract for GFG Asset Management in Scotland (GAMIS), aimed at providing business monitoring, contingency planning services, and expert commercial advice in relation to the Lochaber Guarantee and Reimbursement Agreement. The procurement took place in Glasgow, UKM region. The tender was in the award stage, with the deadline for submissions on May 7, 2024. Deloitte LLP was awarded the contract worth £500,000 GBP.

This contract offers opportunities for businesses involved in service provision, especially those with expertise in business monitoring and commercial advisory services. Companies in the steel, aluminium, and power generation industries could find this tender particularly relevant. The Scottish Government is following an open procedure for this procurement, focusing on quality criteria (35%) and pricing (30%). The contract is active and includes the option for a 12-month extension beyond the initial 24-month contract period.

How relevant is this notice?

Notice Title

GFG Asset Management in Scotland (GAMIS)

Notice Description

The Scottish Government requires business monitoring and contingency planning services in relation to the Lochaber Guarantee and Reimbursement Agreement (GRA) and to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance.

Lot Information

Lot 1

Core Work Provision of advisory services as may be required to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance. Scottish Government expects to receive regular reports and advice in respect of the guarantee GFG Alliance business situation. -Regular monitoring of refinancing and relevant advice following advisor meetings with GFG management; -Monthly project management report and meeting; -Quarterly accounts report; -Quarterly Lochaber businesses cashflow reports; -Quarterly business plan investment review; -Annual asset re-valuation; -Expected Credit Loss IFRS9 assessment; -Annual Guarantee fee review; Ad-hoc work: The ITT will include scope for officials to request further specific 'call off' project activity. Scottish Government may from time-to-time, require the provision of services in respect of a range of ad hoc outputs including reports, evaluations, advice and other commercial services. Experience: The Commercial Advisor will require to demonstrate expertise and capability to deliver the indicative requirements outlined in the key information about the requirement. The Commercial Advisor will be expected to: i. Have relevant experience and expertise in relation to steel and aluminium industries; ii. Have relevant experience in power generation industry, energy markets and a robust knowledge of energy price forecasting.. Contract for 24 months with optional 12 month extension period to final date of 06/05/2027.

Renewal: Initial duration will be 24 months with an option to extend the contract for an additional 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000752968
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY505358
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - 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

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


CPV Codes

66171000 - Financial consultancy services

79400000 - Business and management consultancy and related services

Notice Value(s)

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

Notice Dates

Publication Date
16 May 20242 years ago
Submission Deadline
29 Feb 2024Expired
Future Notice Date
Not specified
Award Date
7 May 20242 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 8LU
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
TLM Scotland

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

Supplier Information

Number of Suppliers
1
Supplier Name

Deloitte LLP

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN497215
    GFG Asset Management in Scotland (GAMIS) - The Scottish Government requires business monitoring and contingency planning services in relation to the Lochaber Guarantee and Reimbursement Agreement (GRA) and to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY505358
    GFG Asset Management in Scotland (GAMIS) - The Scottish Government requires business monitoring and contingency planning services in relation to the Lochaber Guarantee and Reimbursement Agreement (GRA) and to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance.

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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