Award

Financial Due Diligence

SCOTTISH ENTERPRISE

This public procurement record has 4 releases in its history.

Award

08 Feb 2024 at 00:00

TenderUpdate

24 Jan 2024 at 00:00

TenderUpdate

15 Jan 2024 at 00:00

Tender

14 Dec 2023 at 00:00

Summary of the contracting process

The procurement process for the contract titled "Financial Due Diligence" is being carried out by Scottish Enterprise in partnership with other Scottish public sector bodies. The contract falls under the industry category of services and is based in Glasgow, UK. The contract is at the tender stage, with a submission deadline of 14th February 2024 following an extension. The procurement method is an open procedure, with an anticipated start date of 4th March 2024 for a 36-month period.

This tender for financial due diligence services presents an opportunity for businesses interested in providing services under a framework agreement focusing on compliance with the Commercial Market Operator principle. Businesses capable of carrying out detailed financial assessments and reporting within the specified industry category are well-suited to compete. The contract allows for potential extension, creating a possibility for long-term business growth and collaboration with Scottish Enterprise and other public sector bodies in the inward investment project.

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Notice Title

Financial Due Diligence

Notice Description

Scottish Enterprise (SE) is working in partnership with other Scottish public sector bodies to deliver a significant inward investment opportunity and is looking to appoint a single supplier to deliver services under a framework agreement, to carry out and report on financial due diligence and compliance with the Commercial Market Operator ("CMO") principle, in connection with a significant inward investment project. It is anticipated that the framework will commence on the 4th of March 2024 for a period of 36 months, and SE has the option to extend the framework agreement by a further 12-month period.

Lot Information

Lot 1

Scottish Enterprise (SE) is working in partnership with other Scottish public sector bodies to deliver a significant inward investment opportunity and is looking to appoint a single supplier to deliver services under a framework agreement, to carry out and report on financial due diligence and compliance with the Commercial Market Operator ("CMO") principle, in connection with a significant inward investment project. It is anticipated that the framework will commence on the 4th of March 2024 for a period of 36 months, and SE has the option to extend the framework agreement by a further 12-month period.

Renewal: Scottish Enterprise at its sole discretion, may extend the framework agreement by a further 12-month period.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000752997
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB498391
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
Not specified

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

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
£800,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Feb 20242 years ago
Submission Deadline
22 Jan 2024Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SCOTTISH ENTERPRISE
Additional Buyers

SCOTTISH GOVERNMENT

Contact Name
Adam Cunningham, Bob McLeod, Marc Jones, Natalie Dalgoutte
Contact Email
adam.cunningham@scotent.co.uk, bob.mcleod@gov.scot, marc.jones@gov.scot, natalie.dalgoutte@scotent.co.uk
Contact Phone
+44 1312442500, +44 1412420133, +44 1414686024

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
Not specified

Local Authority
City of Edinburgh
Electoral Ward
Leith
Westminster Constituency
Edinburgh North and Leith

Further Information

Notice Documents

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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                "1"
            ]
        }
    ],
    "relatedProcesses": [
        {
            "id": "1",
            "relationship": [
                "planning"
            ],
            "scheme": "EU-OJ",
            "identifier": "2023/S 000-036724"
        }
    ]
}