{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-040f95-2024-03-26T15:05:06Z", "date": "2024-03-26T15:05:06Z", "ocid": "ocds-h6vhtk-040f95", "description": "(SC Ref:761692)", "initiationType": "tender", "tender": { "id": "ocds-h6vhtk-040f95", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "Due Diligence Framework Agreement Lot 4 - Company Valuations", "status": "complete", "classification": { "scheme": "CPV", "id": "79400000", "description": "Business and management consultancy and related services" }, "mainProcurementCategory": "services", "description": "We are a mission-led development investment bank for Scotland, wholly owned by the Scottish Ministers on behalf of the people of Scotland. We have been established to operate commercially and are operationally independent from government. We invest in Scottish business, projects, and communities to deliver environment, social and financial returns for the people of Scotland. Our missions are at the heart of everything that we do. You can find out more about the Bank and our missions at our website www.thebank.scot. The Bank are setting up a Framework Agreement to undertake Due Diligence on potential investments which we are considering making. The framework will offer the Bank an efficient, cost-effective, and streamlined approach for procuring external support and expertise to assist reactive and consistent delivery of Due Diligence as it is required. The requirements are split into four Lots: Lot 1 - Financial Diligence Lot 2 - Model Audit Lot 3 - Tax diligence Lot 4 - Company Valuations This particular Contract notice and tender exercise relates to Lot 4 - Company valuations. Bidders who are interested in bidding for any of the other Framework Lots can do so by locating the respective PCS notices, all published on the same date.", "value": { "amount": 1000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "The Bank are setting up a Framework Agreement to undertake Due Diligence on potential investments which we are considering making. The framework will offer the Bank an efficient, cost-effective, and streamlined approach for procuring external support and expertise to assist reactive and consistent delivery of Due Diligence as it is required. The requirements are split into four Lots: Lot 1 - Financial Diligence Lot 2 - Model Audit Lot 3 - Tax diligence Lot 4 - Company Valuations This particular tender exercise relates to Lot 4 - Company Valuation. Bidders who are interested in bidding for any of the other Framework Lots can do so by locating the respective PCS notices, which were all published on the same date with.", "awardCriteria": { "criteria": [ { "name": "Delivery Methodology", "type": "quality", "description": "30" }, { "name": "Management Methodology", "type": "quality", "description": "20" }, { "name": "Management & Delivery Team", "type": "quality", "description": "20" }, { "type": "price", "description": "30" } ] }, "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": false, "status": "cancelled" } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "66171000", "description": "Financial consultancy services" }, { "scheme": "CPV", "id": "66120000", "description": "Investment banking services and related services" } ], "deliveryAddresses": [ { "region": "UKM" }, { "region": "UKM" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://www.publiccontractsscotland.gov.uk/", "selectionCriteria": { "criteria": [ { "type": "suitability", "description": "As per the specification", "appliesTo": [ "supplier" ] }, { "minimum": "Those bidding must either have or committ to having the following insurance cover before entering any call off contract: Professional Risk Indemnity Insurance - 1 million GBP for each and every claim Employers Liability Insurance - 5 million GBP" } ] }, "contractTerms": { "performanceTerms": "Please see the Lot 4 Specification.", "hasElectronicOrdering": true, "electronicInvoicingPolicy": "allowed", "hasElectronicPayment": true }, "otherRequirements": { "requiresStaffNamesAndQualifications": true }, "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "techniques": { "hasFrameworkAgreement": true, "frameworkAgreement": { "maximumParticipants": 5 } }, "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2023-11-30T13:00:00Z" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 120 } }, "awardPeriod": { "startDate": "2023-11-30T14:00:00Z" }, "bidOpening": { "date": "2023-11-30T14:00:00Z", "address": { "streetAddress": "Scottish National Investment Bank" } }, "hasRecurrence": true, "recurrence": { "description": "2027" }, "amendments": [ { "id": "1", "unstructuredChanges": [ { "oldValue": { "date": "2023-11-30T13:00:00Z" }, "newValue": { "date": "2023-12-06T13:00:00Z" }, "where": { "section": "IV.2.2", "label": "Time limit" } }, { "oldValue": { "date": "2023-11-30T14:00:00Z" }, "newValue": { "date": "2023-12-06T13:30:00Z" }, "where": { "section": "IV.2.7", "label": "Conditions for opening of tenders" } } ], "description": "This is a deadline change for LOT 4 only. All other Lots are unchanged. We have received some questions related to Lot 4 which were submitted via another Lot. We also have some outstanding queries which we will respond to by the 29.11.2023. For this reason we will extend the deadline for submissions to allow time to review the questions and answers specific to Lot 4 only." } ] }, "parties": [ { "id": "GB-FTS-12628", "name": "Scottish National Investment Bank", "identifier": { "legalName": "Scottish National Investment Bank" }, "address": { "streetAddress": "1-North, Waverley Gate, 2-4 Waterloo Place", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH1 3EG", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 7776549095", "email": "procurement@thebank.scot", "url": "https://www.publiccontractsscotland.gov.uk/" }, "roles": [ "buyer" ], "details": { "url": "http://www.thebank.scot", "buyerProfile": "https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA30487", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "04", "description": "Economic affairs" } ] } }, { "id": "GB-FTS-1033", "name": "Edinburgh Sheriff Court", "identifier": { "legalName": "Edinburgh Sheriff Court" }, "address": { "locality": "Edinburgh", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-109130", "name": "Envestors", "identifier": { "legalName": "Envestors" }, "address": { "streetAddress": "70 Colombo Street", "locality": "London", "region": "UKI44", "postalCode": "SE1 8DP", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 7824752940" }, "roles": [ "supplier" ], "details": { "scale": "sme" } }, { "id": "GB-FTS-33683", "name": "PricewaterhouseCoopers", "identifier": { "legalName": "PricewaterhouseCoopers" }, "address": { "streetAddress": "1 Embankment Place", "locality": "London", "region": "UK", "postalCode": "WC2N 6RH", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 2890415797" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-96614", "name": "Anderson Anderson & Brown LLP", "identifier": { "legalName": "Anderson Anderson & Brown LLP" }, "address": { "streetAddress": "81 George Street", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH2 3ES", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 7973125228" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-109131", "name": "d-fine Ltd.", "identifier": { "legalName": "d-fine Ltd." }, "address": { "streetAddress": "14 Aldermanbury Square", "locality": "London", "region": "UK", "postalCode": "EC2V 7HR", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 969907370" }, "roles": [ "supplier" ], "details": { "scale": "sme" } }, { "id": "GB-FTS-1666", "name": "Ernst & Young LLP (EY)", "identifier": { "legalName": "Ernst & Young LLP (EY)" }, "address": { "streetAddress": "G1 Building, 5 George Square", "locality": "Glasgow", "region": "UK", "postalCode": "G2 1DY", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 2079512000" }, "roles": [ "supplier" ], "details": { "scale": "large" } } ], "buyer": { "id": "GB-FTS-12628", "name": "Scottish National Investment Bank" }, "links": [ { "rel": "canonical", "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000748302" } ], "language": "en", "awards": [ { "id": "009843-2024-1", "relatedLots": [ "1" ], "status": "active", "suppliers": [ { "id": "GB-FTS-109130", "name": "Envestors" }, { "id": "GB-FTS-33683", "name": "PricewaterhouseCoopers" }, { "id": "GB-FTS-96614", "name": "Anderson Anderson & Brown LLP" }, { "id": "GB-FTS-109131", "name": "d-fine Ltd." }, { "id": "GB-FTS-1666", "name": "Ernst & Young LLP (EY)" } ] } ], "contracts": [ { "id": "009843-2024-1", "awardID": "009843-2024-1", "status": "active", "value": { "amount": 1000000, "currency": "GBP" }, "dateSigned": "2024-03-01T00:00:00Z" } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 16 }, { "id": "2", "measure": "smeBids", "relatedLot": "1", "value": 4 }, { "id": "3", "measure": "foreignBidsFromEU", "relatedLot": "1", "value": 16 }, { "id": "4", "measure": "foreignBidsFromNonEU", "relatedLot": "1", "value": 0 }, { "id": "5", "measure": "electronicBids", "relatedLot": "1", "value": 16 } ] } }