---
title: "SC20066 - Inward Investment"
ocid: "ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "KENT COUNTY COUNCIL"
published: "2021-09-02"
---

# SC20066 - Inward Investment

Buyer: KENT COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd

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## Summary

The Kent County Council is seeking a supplier to act as the inward investment agency for Kent and Medway under the title "SC20066 - Inward Investment." With a contract value of £1,500,000, this procurement falls within the business and management consultancy sector, specifically designed to enhance economic development in the South East region of the United Kingdom. The procurement is at the award stage, following a selective negotiated procedure, with the contract set to commence on 8th August 2021 and concluding on 30th April 2023. Interested parties were required to submit their Expressions of Interest by midday on 19th April 2021, through the Kent Business Portal.

This tender presents opportunities for businesses with expertise in economic development, investment promotion, and consultancy services, especially those that focus on small and medium-sized enterprises (SMEs) and non-SMEs. Companies that can demonstrate a proven track record in securing inward investment and supporting businesses through relocation processes would be well-positioned to compete. Additionally, there is potential for businesses involved in creative and innovative solutions aimed at attracting external investment and promoting local economic growth to thrive in this competitive environment.

## Notice

Kent's Interim Strategic Plan, "Setting the Course", places a strong emphasis on the importance of attracting investment, and we encourage locally based agencies to work closely with government agencies to bring new investment into the area. We are looking to consolidate and increase our promotion of Kent and Medway as a UK inward investment gateway, alongside secured commitment 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 demonstrate an excellent understanding of the key issue's 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 companies following their relocation. The successful supplier should be able to demonstrate competence in the delivery of inward investment services. The core of the contract will be to provide support to SMEs, in accordance with the requirements of the ESIF Programme, but the successful candidate will also be required to support non-SMEs. This part of the contract will not be funded by the European Regional Development Fund (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 demonstrate competence 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. All Expressions of Interest must be registered via the Kent Business Portal and all interested candidates must submit a Selection Questionnaire via the Kent Business Portal by midday on the 19th April 2021.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fc3be563-06ca-4683-bd8b-d0f4b1a340c6 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Sep 2021 |
| Submission deadline | 19 Apr 2021 |
| Future notice date | Not specified |
| Award date | 22 Jul 2021 |
| Contract period | 1 Aug 2021 - 30 Apr 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | Not specified |
| Awards value | £1,666,667 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| 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) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LOCATE IN KENT |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 2 Sep 2021 at 09:47 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fc3be563-06ca-4683-bd8b-d0f4b1a340c6
- 19 Mar 2021 at 11:14 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/d2e38ef0-42f6-428e-b6fb-b22333e32623

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fc3be563-06ca-4683-bd8b-d0f4b1a340c6
  2nd September 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/d2e38ef0-42f6-428e-b6fb-b22333e32623
  19th March 2021 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.kent.gov.uk

## 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-b4225f5c-8ab9-4140-aee1-001996c926cd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b4225f5c-8ab9-4140-aee1-001996c926cd.json.
