This public procurement record has 1 release in its history.

Summary of the contracting process

The Scottish National Investment Bank has concluded the procurement process titled "Project Icebreaker Financial Due Diligence Services" under the industry category of economic affairs. The procurement, with an award date of 12th September 2025, involved services centred on financial and tax due diligence across specified regions including Edinburgh, Aberdeen, and Leeds. Conducted through an open procedure, the award stage included key players such as Great British Energy Group Limited and National Wealth Fund Limited as buyers, and Grant Thornton UK Advisory & Tax LLP as the primary supplier. The procurement process follows regulations set by the Public Contracts (Scotland) Regulations 2015.

This tender presents significant growth opportunities for businesses specialising in financial due diligence and related advisory services. The procurement, valued at £59,700, indicates a potential for collaboration with large-scale financial entities and public bodies, providing an avenue for expanding service offerings and establishing a presence in the public sector market. Businesses with a robust background in financial analysis and comprehensive due diligence, perhaps those capable of handling large-scale funding assessments, would find this contract particularly well-suited to their expertise and resources.

How relevant is this notice?

Notice Title

Project Icebreaker Financial Due Diligence Services

Notice Description

Provision of Financial Due Diligence services, including Tax due diligence.

Lot Information

Lot 1

Provision of financial due diligence services, including tax due diligence. Mini-competition against the Scottish National Investment Bank Framework for Due Diligence Services, Lot 1 - Financial Due Diligence.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000830189
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY555796
Current Stage
Award
All Stages
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


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£59,700 Under £100K

Notice Dates

Publication Date
13 May 20264 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
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 National Investment Bank
Additional Buyers

Great British Energy Group Limited

UK INFRASTRUCTURE BANK LIMITED

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH1 3EG
Postcode Area
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
TLE42 Leeds, TLM50 Aberdeen City and Aberdeenshire, TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

Grant Thornton UK LLP

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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