--- title: "Inward Investment Services" ocid: "ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db.json" source: "Contracts Finder" current_stage: "Tender" buyer: "KENT COUNTY COUNCIL" published: "2020-03-02" --- # Inward Investment Services Buyer: KENT COUNTY COUNCIL Current stage: Tender OCID: ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db.json) ## Summary The Kent County Council is currently undertaking a procurement process for "Inward Investment Services," aimed at enhancing the region's capacity to attract and support external investments. The contract falls under the business services category, specifically focusing on consulting and marketing, with a total value estimated at £4 million. The tender period is set to conclude on 1st April 2020, and the contract is expected to commence on 9th August 2020, lasting for three years until 8th August 2023. This procurement method is classified as a selective process, using a negotiated procedure, and is directed at suppliers that can demonstrate a proven track record in similar services. This tender presents an excellent opportunity for businesses specialising in economic development, consultancy, or support services targeting SMEs and larger enterprises. Companies that excel in securing inward investment and have experience working with local authorities and international stakeholders will find themselves well-suited to compete for this contract. By meeting the requirements set forth by Kent County Council, suppliers can contribute significantly to economic growth in the region, benefit from enhanced visibility, and potentially establish long-term relationships with key local government entities. ## Notice The draft Kent and Medway Enterprise and Productivity Strategy places a strong emphasis on the importance of attracting inward investment, and for locally based agencies to work closely with government agencies to bring new investment into the area. The draft Strategy places a strong emphasis on increasing our promotion of Kent and Medway as a UK inward investment gateway, with a commitment required from Government and the Department for International Trade (DIT) to match local support for inward investment where it is focused around sectors in which Kent and Medway have particular strengths. Kent County Council is seeking a supplier that can be the inward investment agency for Kent and Medway. The successful supplier must have an excellent understanding of the key issues companies face when looking to relocate, an understanding of the industrial and commercial property market in Kent and Medway, how to identify and develop leads, how to support companies during the relocation process, and how to support relocated companies following relocation. The successful supplier should have a strong track record of delivering similar services. The core of the contract will be to provide support to SMEs, in accordance with the requirements of ESIF Programme, but the successful candidate will also be required to support non-SMEs. This part of the contract will not be funded by ERDF. The successful supplier will be expected to deliver, alongside Kent County Council and Medway Council, specific outcomes that contribute to economic development in Kent and Medway and will work closely with stakeholders in the county and internationally, including DIT and the South East Local Enterprise Partnership. Prospective bidders are required to specify how they will perform this role, and to show a proven track record in such delivery. The successful supplier will develop innovative and creative solutions to secure inward investment in Kent and Medway. The key features of the service are; Securing external investment into Kent and Medway that creates new jobs; Promoting Kent and Medway to overseas markets; Maintaining close contact with investing businesses through an after-care programme. Prospective bidders are required to specify how they will deliver these. The successful supplier will also demonstrate how it will deliver and contribute to the following economic outcomes for Kent and Medway: More investment opportunities from overseas markets; Increased supply chain benefits for local businesses; More inward investment in Kent and Medway; Raised profile as a destination for inward and foreign direct investment. The Selection Questionnaire consists of a range of pass/fail questions, only Candidates who meet the minimum criteria will proceed to receive the Tender process. This notice is placed in consideration of The Public Contract Regulations, Regulation 32 (9) to (12), subject to additional funding being made available during the lifetime of the contract Additional information: https://procontract.due-north.com/Advert?advertId=212db887-a55c-ea11-80ff-005056b64545&p=8691483f-2f3d-e711-80e1-005056b64545 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d8c8ba88-d8db-4b89-bc74-0fb1af138bb5 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Negotiated procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 2 Mar 2020 | | Submission deadline | 1 Apr 2020 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 8 Aug 2020 - 8 Aug 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £4,000,000 | | 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 | KENT COUNTY COUNCIL | | Locality | MAIDSTONE | | Post town | Rochester | | Postcode | ME14 1XQ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ4 Kent | | ITL 3 | TLJ45 Mid Kent | | Local authority | Maidstone | | Electoral ward | Penenden Heath | | Westminster constituency | Maidstone and Malling | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79000000 - Business services: law, marketing, consulting, recruitment, printing and security ## Release History - 2 Mar 2020 at 17:07 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/d8c8ba88-d8db-4b89-bc74-0fb1af138bb5 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/d8c8ba88-d8db-4b89-bc74-0fb1af138bb5 2nd March 2020 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.kent.gov.uk - https://procontract.due-north.com/Advert?advertId=212db887-a55c-ea11-80ff-005056b64545&p=8691483f-2f3d-e711-80e1-005056b64545 ## 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-a9921c65-d90c-4ff9-844d-21abe71a56db. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a9921c65-d90c-4ff9-844d-21abe71a56db.json.