---
title: "DIT Foreign Direct Investment Services"
ocid: "ocds-h6vhtk-02aad8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02aad8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02aad8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02aad8.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "DEPARTMENT FOR INTERNATIONAL TRADE"
published: "2021-04-27"
---

# DIT Foreign Direct Investment Services

Buyer: DEPARTMENT FOR INTERNATIONAL TRADE  
Current stage: Planning  
OCID: ocds-h6vhtk-02aad8

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## Summary

The Department for International Trade is planning to initiate a tender for the "DIT Foreign Direct Investment Services" contract, aimed at bolstering the UK's position as a leading destination for investment. This procurement falls under the services category and is classified as miscellaneous business and business-related services (CPV code: 79900000). The contract value is estimated at £50 million, with the pre-market engagement phase scheduled from 5th May to 21st May 2021, and a full contract award expected in Q1 FY22/23. Delivery is anticipated to be in the UK, with significant emphasis on attracting foreign investment to support economic recovery post-COVID-19.

This tender presents substantial opportunities for businesses involved in investment promotion, market research, and related consultancy services. Companies with expertise in gathering business intelligence, managing investor relationships, and providing strategic support for international investments would be particularly well-suited to compete. The successful bidder will play a vital role in DIT's investment operations, requiring not just operational excellence but also a shared vision for enhancing the UK's investment landscape. The tender is also an invitation for businesses to engage in high-level discussions with the DIT, potentially fostering collaborations that contribute to the government’s economic priorities.

## Notice

Inward investment will play a crucial role in supporting recovery from the COVID-19 crisis and enable the UK to build back better. According to UNCTAD, global investment flows fell by 42% in 2020 compared to 2019, with a further 10% decline expected in 2021. In this difficult climate, it will be more competitive than ever to maintain the UK's position as a leading destination for investment. The Plan for Growth identified inward investment as a key priority for supporting economic recovery and levelling up. To deliver this, HMG recently established the new Office for Investment (OfI) based within No. 10 and part of DIT. This is supported by a new dedicated investment function within DIT, as well as a renewed focus on improving the business environment to improve UK attractiveness to investors. As a whole, DIT is shifting towards a more proportionate and segmented approach to supporting investors, systematically using investor intelligence to better influence policy, adopting a more targeted approach to investment promotion, utilising intelligence and technology to instruct investment environment policy and to give DIT a more informed approach to setting operational objectives. These changes will allow DIT to support the Plan for Growth by creating jobs, improving innovation, and contributing to government priorities including, levelling-up, net zero and science superpower. The Successful Bidder's responsibilities are likely to range from gathering business intelligence and conducting market research to inform DIT priorities, to developing propositions and marketing collateral to showcase UK investment opportunities, to coordinating virtual project teams delivering end-to-end support to individual investors. In this way we aim to work alongside the provider to deliver comprehensive, holistic support that Government is uniquely best placed to provide.

### Lot Information

Lot DIT Foreign Direct Investment Services

The successful bidder will be central to delivering DIT's investment services and this contract represents an opportunity to be a part of DIT's Investment operations as it moves from being one of the world's most respected investment promotion agencies to being the most sophisticated investment promotion agency in the world. This will require expertise, innovation, operational excellence - and a commitment from the provider to deliver in the national interest. It is crucial that the successful bidder shares DIT's vision and values and are able to work hand-in-hand with DIT teams across the world to land high quality projects that will drive wealth creation across the UK. The Successful Bidder will be the national strategy and delivery partner for DIT's investment services. They will work collaboratively with colleagues across the DIT Network as one team to achieve DIT Network targets. We expect the Successful Bidder's role to include some or all of the following activity: A. attract foreign investment which has a positive impact on the UK economy, through the following services: 1. enquiry management: receiving, qualifying and triaging inward investment enquires from investors and the DIT network; 2. project management: co-ordinating and delivering information and support to potential investors, drawing on expertise from across the DIT Network and beyond, in order to land investment projects in the UK; 3. aftercare: supporting new to the UK investors to commence full operations, access local support, and expand domestically and internationally; 4. research, products and market intelligence: providing bespoke research, intelligence tools, and stock sectoral, business environment, and high potential opportunity propositions to attract and retain high value investments; delivering high quality market research to support lead generation across the DIT Network; providing access to sectoral specialist capabilities to be used across the DIT Network. 5. account management: manage relationships with identified priority companies, to retain investment, secure further investment and gather intelligence on investor sentiment, and regularly review which companies are to be account managed. 6. partnership management: support smooth working between DIT network and local delivery partners in England, and support relationship management with Devolved Administrations, in order to attract and retain high value investments across the UK. B. improve the UK's capability to attract and retain foreign investment, through the following services: 1. business intelligence: gather and analyse business intelligence through interactions with investors; share intelligence across the DIT Network; make recommendations to DIT on how to exploit opportunities and mitigate risks identified in business intelligence; support management of the UK's investment pipeline. 2. strategic projects: provide capacity to undertake strategic projects, commissioned by DIT, and paid for on basis of pre-agreed rate-card. 3. training and capability building: provide dedicated training and learning support to investment officers across the DIT Network on the latest approaches to attracting inward investment. C. effectively manage the transition and implementation of the above services, whilst maintaining service levels and performance: 1. any contract award arising as a result of this Statement of Requirement is expected to be agreed in Q1 FY22/23; 2. full transfer of delivery responsibility from the incumbent to the Successful Bidder in the Q2/Q3 FY22/23. At this stage of the procurement DIT are conducting pre-market engagement and would like to speak with organisations interested in the opportunity on a 1-2-1 basis. These meetings will discuss the requirement at a high level and be used by DIT to help inform the Delivery Model Assessment. The pre-market engagement meetings are scheduled to take place from 5th May to 21st May. Additional information: A second round of market engagement is expected to take place later in 2021. To register your interest in the opportunity and/or to schedule a meeting as part of the pre-market engagement, please notify DIT by sending an email to commercialbpo@trade.gov.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/009063-2021 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Apr 2021 |
| Submission deadline | Not specified |
| Future notice date | 30 Apr 2022 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE |
| Locality | LONDON |
| Post town | Not specified |
| Postcode | N/A |
| Country | Not specified |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Not specified |
| Electoral ward | Not specified |
| Westminster constituency | Not specified |
| Delivery location | Not specified |

## CPV Codes

### Divisions

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

### Codes

- 79900000 - Miscellaneous business and business-related services

## Release History

- 27 Apr 2021 at 21:55 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/009063-2021

## Notice URLs

- https://www.gov.uk/government/organisations/department-for-international-trade

## 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-h6vhtk-02aad8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02aad8.json.
