Contract Timeline

Publication Date

30th May 2025 00:00:00 AM

Tender Deadline

25th July 2025 12:00:00 PM   6 days remaining

Contract Summary

SCOPE OF REQUIREMENTS The scope of work will comprise of standard due diligence and financial governance. This is what will be termed ‘core’ work representing ongoing business activities of advice, guidance, reporting, engagement with the business, meetings and costing on a planned, regular programme. The second part relates to cases where we consider that more complex analysis will be required and that appropriate time and rates are proportionate for this activity. Core Scope Provision of advisory services as may be required to provide expert strategic, financial and commercial advice in respect of core services: Advice & guidance Analysis Reporting Work across all sectors of industry Meetings and costing on a planned regular programme. Additional Scope The Scottish Government require the Service Provider to be able to provide all services outlined below across a range of possible intervention, investment or funding structures, including debt, guarantees, grants and equity: Financial/Commercial due diligence. Analysis and reports on potential mergers or acquisitions and disposal of assets, Insolvency, restructuring and turnaround advice Specialist economic and market technical expertise relevant to government Market analysis of relevant sectors, including those strategic to Scotland Options Appraisal in line with the principles of HMT Green Book Evaluation exercises in line with the principles of HMT Magenta Book Strategic and commercial advice in respect of exit strategies for Scottish Government interventions Financial Accounting assessments Company valuations Counterparty due diligence, addressing financial, commercial and reputational risks Economic impact assessments Commercial market operator assessment in support of a wider subsidy control assessment, working with appointed legal advisors and Scottish Government’s Legal Directorate and Subsidy Control Division. This will include appropriate pricing of any financial instruments to be applied to the transaction. Undertaking a sale and marketing process for existing investments, including marketing the business for sale, engaging with prospective purchasers and negotiating commercial heads of terms Forensic accounting assessments. The Scottish Government require the Service Provider to provide all services outlined above for all noted transaction and intervention types. Should the Service Provider require the use of sub-contractor to fulfil the requirements this should be noted in the Tenderer’s Single Procurement Documents (SPD) and Technical response. Further details of the required services are detailed in Annex

Contract Details

Open Contracting ID

ocds-r6ebe6-0000789734

Publication Source

Public Contracts Scotland

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

Framework

Contract Classification

CPV Code(s)

66171000

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

SCOTTISH GOVERNMENT

Buyer Name

Jonathan Nicolson

Buyer Email

jonathan.nicolson@gov.scot

Buyer Phone

+44 412425466

Buyer Address

4 Atlantic Quay, 70 York St

Glasgow

G2 8EA

Contract Timeline

Publication Date

12th February 2025 00:00:00 AM

Contract Summary

The Strategic Commercial Assets Division in Scottish Government wish to invite Commercial Consultancy Advisors and Commercial Accountancy firms to register their interest in this framework agreement to support the provision of commercial advisors to provide independent Commercial advice. The specific detail of the framework is to be developed, the expected activities would be: - to perform financial/commercial due diligence in relation to potential Government interventions. To analyse data producing independent reports which make recommendations to support advice to Ministers on the appropriate and proportionate level of intervention required. - to provide advice and recommendations on mergers, acquisitions and disposal of assets - to provide forensic accounting assessments advice and recommendations on specific bespoke requests developing reports as required - to provide insolvency, restructuring and turnaround services and advice - to provide specialist economic and market technical expertise relevant to government, including commercial market operator assessments which, alongside legal advice, underpin subsidy control advice. - to provide ongoing market analysis of sectors in financial difficulty and provide risk assessment of companies facing financial challenges - to conduct HMT Green Book Options Appraisal evaluation exercises and provide specialist independent expert advice on Scottish Government interventions - to develop exit strategies for Scottish Government interventions and make recommendations based on outcomes analysis. - to perform Financial Accounting assessments where required to support statutory disclosure requirements - to perform company valuations - to perform forensic accounting assessments All information, including the indicative framework value, published in this Prior Information Notice is subject to change. The Scottish Government is currently engaging with internal policy areas and key stakeholders to finalise the Specifications for this requirement. Further updates and engagement with the market will take place in due course. The Scottish Government reserve the right not to proceed at any point with the procurement and award of this Framework Agreement.

Contract Details

Open Contracting ID

ocds-r6ebe6-0000789734

Publication Source

Public Contracts Scotland

Procurement Stage

Planning

Procurement Method

N/A

Procurement Method Details

N/A

Procurement Category

Services

Tender Suitability

Framework / DPS

Framework

Contract Classification

CPV Code(s)

66171000

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

SCOTTISH GOVERNMENT

Buyer Name

Jonathan Nicolson

Buyer Email

jonathan.nicolson@gov.scot

Buyer Phone

+44 412425466

Buyer Address

4 Atlantic Quay, 70 York St

Glasgow

G2 8EA