--- title: "UK Export Finance Independent Board Effectiveness Review" ocid: "ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEPARTMENT FOR INTERNATIONAL TRADE" published: "2021-06-30" --- # UK Export Finance Independent Board Effectiveness Review Buyer: DEPARTMENT FOR INTERNATIONAL TRADE Current stage: Tender OCID: ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0.json) ## Summary The Department for International Trade (DIT) is seeking services for an Independent Board Effectiveness Review on behalf of UK Export Finance (UKEF). This procurement falls under the category of Business analysis consultancy services and is classified as an open procedure below the threshold. The tender period closes on 13 July 2021, with the contract intended to start on 10 August 2021 and continue until 9 February 2022. The review aims to improve board governance practices and entails a thorough assessment of board composition, roles, dynamics, and stakeholder engagement, among other areas. This tender presents significant opportunities for consultancy firms specialising in board evaluations, governance, and performance reviews. Businesses with expertise in conducting independent assessments at high governance levels and comprehensive stakeholder engagement will be well-positioned to compete for this contract. With the focus on enhancing the effectiveness of senior boards, companies offering related management consultancy services can leverage their capabilities to address identified improvement areas effectively. ## Notice Department for International Trade (DIT), on behalf of UK Export Finance (UKEF) as Contracting Authority, intends to seek the provision of services of an external board effectiveness review in accordance with corporate governance in central government departments Code of Good Practice. We expect the effectiveness review will focus on (but may not be limited to) the following areas: - board composition and skills. - clarity of roles (with respect to both board and relationship with UKEF executive), purpose and shared vision. - the allocation of roles and responsibilities. - board culture and dynamics, including challenge. - prioritisation of board topics and agenda items. - adequacy of support to the board; and - stakeholder engagement with the Board including DIT/UKGI/UKEF relationships. Requirements of the procurement will include the following: - A review of a sample of board and committee papers to assess quality and whether appropriate weighting and priority is allotted. - A review of outcomes from previous Board Effectiveness Reviews (including those conducted internally). - Attendance of at least one board meeting, one board audit committee meeting and on-board risk committee meeting as an observer. - Interviews with all board members (including non-executive directors), and an individual from each of UK Government Investments (UKGI), HM Treasury (HMT) and the Department for International Trade (DIT), (as well as other stakeholders as deemed relevant by the reviewer and the Chair), informed by an initial questionnaire which is to be agreed with the Chair and UKGI. - A written report on findings and recommendations no later than 6 weeks from the board meeting and committee meetings the successful Contractor attends. - An initial draft of the report must be completed no later than 4 weeks from the board meeting and committee meetings the successfully Contractor attends. Regular oral updates will be required to keep the Chair advised as to progress in meeting this and other timescales. - The successful Contractor will be required to present the draft report findings at a subsequent board meeting following which the report will be finalised. UKEF will share the report with UKGI and will retain the right to share the report with other key stakeholders. To support the board in developing and implementing clear actions to address identified improvement areas they prioritise. Key specialisms are likely to include interviewing and assessing very senior staff. Either from doing similar reports/evaluations in the past or through experience on similar level of Boards. DIT is using e-tendering for this procurement which means this Invitation to Tender (ITT) and the forms for submitting a response are only available in electronic form which can be accesses via your web browser at: http://uktrade.app.jaggaer.com/ Bidders should read all the instructions and documents thoroughly and follow the defined processes to comply with our requirements. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8432733e-5578-4989-86f7-65d01e2bbe4d | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 30 Jun 2021 | | Submission deadline | 13 Jul 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 9 Aug 2021 - 9 Feb 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 2BL | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 72 - IT services: consulting, software development, Internet and support - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 72221000 - Business analysis consultancy services - 79000000 - Business services: law, marketing, consulting, recruitment, printing and security - 79313000 - Performance review services - 79410000 - Business and management consultancy services ## Release History - 30 Jun 2021 at 16:57 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8432733e-5578-4989-86f7-65d01e2bbe4d - 30 Jun 2021 at 16:53 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8432733e-5578-4989-86f7-65d01e2bbe4d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/8432733e-5578-4989-86f7-65d01e2bbe4d 30th June 2021 - Opportunity notice on Contracts Finder ## Notice URLs - http://uktrade.app.jaggaer.com/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2f5bed9c-7bd9-45f6-a864-a24e90d3bab0.json.