Notice Information
Notice Title
Consultant to Produce Tender Specification
Notice Description
Since 2016, the Scottish Government's annual limits for Capital Borrowing were 450 million GBP with a cumulative limit of 3 billion GBP. However, following the 2023 fiscal framework agreement, Capital Borrowing limits will increase with inflation from April 2024. With the limits changing it is prudent to review the options available for Capital Borrowing to consider value for money, resource cost impact and maximising the use of the Fiscal Framework limits that are operational from April 2024. The Authority is therefore seeking consultancy support to produce a tender specification for the procurement of a financial advisor to support with the policy development, business case development, credit rating process, investor engagement and issuance.
Lot Information
Lot 1
It was determined that the recommended route to market for this requirement was to call off from the Crown Commercial Services 2 Framework (RM6169). The framework will allow Scottish Government to procure specialist advice in corporate finance for central government and the wider public sector, including mergers and acquisitions, debt capital markets and financial portfolios. The Scottish Government will be calling off of Lot 4 - Debt Capital Markets. The ITT was issued to all suppliers on Lot 4 of the framework
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000760862
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500899
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award Notice
- Procurement Type
- Framework
- 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
- £20,000 Under £100K
Notice Dates
- Publication Date
- 14 Mar 20241 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 11 Mar 20241 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
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- SCOTTISH GOVERNMENT
- Contact Name
- Drew Murphy
- Contact Email
- drew.murphy@gov.scot
- Contact Phone
- +44 7880136774
Buyer Location
- Locality
- EDINBURGH
- Postcode
- EH6 6QQ
- Post Town
- Edinburgh
- 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
- TLM Scotland, TLM75 City of Edinburgh
-
- Local Authority
- City of Edinburgh
- Electoral Ward
- Leith
- Westminster Constituency
- Edinburgh North and Leith
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500899
Consultant to Produce Tender Specification - Since 2016, the Scottish Government's annual limits for Capital Borrowing were 450 million GBP with a cumulative limit of 3 billion GBP. However, following the 2023 fiscal framework agreement, Capital Borrowing limits will increase with inflation from April 2024. With the limits changing it is prudent to review the options available for Capital Borrowing to consider value for money, resource cost impact and maximising the use of the Fiscal Framework limits that are operational from April 2024. The Authority is therefore seeking consultancy support to produce a tender specification for the procurement of a financial advisor to support with the policy development, business case development, credit rating process, investor engagement and issuance.
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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