This public procurement record has 2 releases in its history.

Summary of the contracting process

The University of Strathclyde has completed the procurement process for the provision of corporate financial advice to early-stage companies in the education sector. Located in Glasgow, the project, titled "Provision of Corporate Financial Advice to Early-Stage Companies," falls under the services category and has reached the award and contract stage. The contract, valued at £60,000, was signed on 20th November 2024 with the supplier Johnston Carmichael. The procurement was conducted through an open procedure, with key dates including the tender period ending on 28th October 2024 and the contract award on 28th October 2024.

This tender offers significant opportunities for businesses that specialise in providing corporate financial advice, particularly those experienced in supporting early-stage companies seeking investment. Companies with a strong background in financial plan review, revenue growth analysis, and business valuation would be well-suited for such contracts. The involvement of the University of Strathclyde ensures access to a robust network of early-stage companies needing professional financial guidance, facilitating business growth and expansion for the winning supplier.

How relevant is this notice?

Notice Title

Provision of Corporate Financial Advice to Early-Stage Companies

Notice Description

The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business.

Lot Information

Lot 1

GCID (administered by the University of Strathclyde) has been awarded UK Govt Shared Prosperity Funding to deliver a Venture Studio - a series of innovation programmes across 4 pillars of activity where multiple projects and businesses collaborate. The Impact Pillar offers a highly interactive growth training opportunity for founder/Directors of companies at the early stages of growth, leading to access to funded Corporate Finance support for raising growth funding/investment. The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000779869
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC520193
Current Stage
Award
All Stages
Tender, 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

73 - Research and development services and related consultancy services


CPV Codes

66171000 - Financial consultancy services

73220000 - Development consultancy services

Notice Value(s)

Tender Value
£83,000 Under £100K
Lots Value
£83,000 Under £100K
Awards Value
Not specified
Contracts Value
£60,000 Under £100K

Notice Dates

Publication Date
13 Dec 20241 years ago
Submission Deadline
28 Oct 2024Expired
Future Notice Date
Not specified
Award Date
20 Nov 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

Contracting Authority (Buyer)

Main Buyer
University of Strathclyde
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
G1 1XU
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 East

Supplier Information

Number of Suppliers
1
Supplier Name

Johnston Carmichael

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT515777
    Provision of Corporate Financial Advice to Early-Stage Companies - The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC520193
    Provision of Corporate Financial Advice to Early-Stage Companies - The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business.

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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