---
title: "Growth Investment Support Services Framework"
ocid: "ocds-r6ebe6-0000759863"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000759863"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000759863.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000759863.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2024-10-23"
---

# Growth Investment Support Services Framework

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000759863

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## Summary

Scottish Enterprise has awarded contracts under the "Growth Investment Support Services Framework" to a number of suppliers through an open procedure. The procurement, focused on economic affairs, encompasses services related to investment management, accounting, and corporate finance interventions. The procurement process, now in the award stage, was initiated in March 2024 and finalised on 23rd October 2024, with contracts signed for active service provision. The successful suppliers for Lot 1, titled 'Bespoke Investments,' include PricewaterhouseCoopers, and for Lot 2, titled 'Core Funding Investments,' the suppliers are Henderson Loggie LLP, Grant Thornton UK LLP, and Chiene + Tait LLP. The procurement covers regions within the UK, particularly Scotland (UKM), and addresses services falling under CPV classifications 79412000, 66122000, and 79400000.

This framework presents significant opportunities for businesses, especially those specialising in corporate finance and investment management. For SMEs, Lot 2 offers chances to engage more frequently with smaller, lower-value projects, promoting incremental growth and market presence. Larger firms, on the other hand, can leverage Lot 1 to handle more complex and higher-value deals, enhancing their portfolio and experience in significant financial interventions. Businesses proficient in finance, accounting, and investment consultancy, regardless of their size, are well-suited to compete for such frameworks, potentially driving substantial business growth and industry expertise.

## Notice

The purpose of this ITT is to appoint an anticipated number of up to 4 suppliers over 2 Lots to deliver periodic expert support a range of different investment management, accounting, and corporate finance interventions as detailed in the Scope of Services section in the Invitation To Tender.

### Lot Information

Bespoke Investments

The Growth Investments (GI) team has a periodic requirement for expert and specialist expertise on specific projects to supplement and complement the team in the delivery of time-critical activities across all areas of the business. Successful delivery of GI's objectives relies upon considerable market knowledge and expertise, and the support services framework will ensure that the GI team has immediate access to specialist expertise as and when required. The work covered under the framework will cover a range of different investment management, accounting, and corporate finance interventions across all areas of GI. Lot 1 will be a single supplier Lot which will cover the more complex instructions which would typically be of a value around GBP50k and above where the deal is outwith our equity funds and where SE is a co-lead or sole investor.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: This framework will be for an initial period of 36 months with the option to extend for a further 12 months if required

Core Funding Investments

The Growth Investments (GI) team has a periodic requirement for expert and specialist expertise on specific projects to supplement and complement the team in the delivery of time-critical activities across all areas of the business. Successful delivery of GI's objectives relies upon considerable market knowledge and expertise, and the support services framework will ensure that the GI team has immediate access to specialist expertise as and when required. The work covered under the framework will cover a range of different investment management, accounting, and corporate finance interventions across all areas of GI. Lot 2 will be appointed to up to 3 suppliers Lot which will cover the lower value, more frequent pieces of work.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The framework will be for an initial period of 36 months with the option to extend for a further 12 months if required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516836 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large, SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Oct 2024 |
| Submission deadline | 18 Apr 2024 |
| Future notice date | Not specified |
| Award date | 10 Jun 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

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

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Additional buyers | SCOTTISH GOVERNMENT |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM5 North Eastern Scotland |
| ITL 3 | TLM50 Aberdeen City and Aberdeenshire |
| Local authority | Aberdeen City |
| Electoral ward | Torry/Ferryhill |
| Westminster constituency | Aberdeen South |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | CHIENE + TAIT; GRANT THORNTON; HENDERSON LOGGIE; PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

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

### Codes

- 66122000 - Corporate finance and venture capital services
- 66171000 - Financial consultancy services
- 79400000 - Business and management consultancy and related services
- 79412000 - Financial management consultancy services

## Release History

- 23 Oct 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516836
- 17 Apr 2024 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR503320
- 14 Mar 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500954

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=8
  17th April 2024 - New pricing schedule - please use this for pricing response for both lots.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=4
  14th March 2024 - Appendix 3 - Monitoring information
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=5
  14th March 2024 - Relevant Climate change plan template
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=6
  14th March 2024 - Invitation to Tender
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=7
  14th March 2024 - Part 4 - Supplier Information Sheet
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=1
  14th March 2024 - Appendix 1 - CEST outcome
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=2
  14th March 2024 - Appendix 2 - Tender Response Document - Lot 1
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAR500954&idx=3
  14th March 2024 - Appendix 2 - Tender Response Document - Lot 2
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500954
  Growth Investment Support Services Framework - The purpose of this ITT is to appoint an anticipated number of up to 4 suppliers over 2 Lots to deliver periodic expert support a range of different investment management, accounting, and corporate finance interventions as detailed in the Scope of Services section in the Invitation To Tender.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516836
  Growth Investment Support Services Framework - The purpose of this ITT is to appoint an anticipated number of up to 4 suppliers over 2 Lots to deliver periodic expert support a range of different investment management, accounting, and corporate finance interventions as detailed in the Scope of Services section in the Invitation To Tender.

## Notice URLs

- http://
- http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries
- http://www.publiccontractsscotland.gov.uk
- http://www.scotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000759863
- https://www.scotcourts.gov.uk/the-courts/court-locations/glasgow-sheriff-court-and-justice-of-the-peace-court
- https://www.scottish-enterprise.com/help/contact-us

## 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-r6ebe6-0000759863. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000759863.json.