Official UK procurement notice
CORPORATE FINANCE ADVISORY SERVICE
Authority: NORTH EAST ACCESS TO FINANCE LIMITED·Consortium: 2 public authorities
What is being bought
Published requirement descriptionProcurement of corporate finance support
CPV: Portfolio management services
How this framework works
From the published notice- Places
- up to 3 suppliers
The lotProcurement structure
single lot · no lot value publishedLot #1The invitation to tender is being withdrawn and will be amended and reposted in the…CancelledRenewal
The invitation to tender is being withdrawn and will be amended and reposted in the near future.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- See invitation to tender: 75%
- price: 25%
Published award criteria (2)
- See invitation to tender: 75%
- Price: 25%
- Suitability
Must provide confirmation and evidence of FCA registration
Must provide details of appropriate PI cover
Must provide answers to exclusion questions in Schedule 1 to the Invitation to Tender
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
- “CORPORATE FINANCE ADVISORY SERVICE” is a framework: the contest is a place on its panel, up to 3 suppliers, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Cancelled
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 23 Mar 2023, 12:22 GMT
- Last source update
- 31 Mar 2023, 14:03 BST
- Award evaluation window
- 4 May 2023 – …
- FTS notice number
2023/S 000-009482- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03b567Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
Publisher note: The Invitation to Tender is being revised and will be reposted in the near future
How it was run
Official notice- Appointment period ends
- 4 May 2023, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 4 May 2023, 13:00 BST
Timeline
31 Mar 2023 → 4 May 2023 · 3 dates- Notice published31 Mar 2023, 14:03 BST
- Admission / appointment period endsperiod end, not a bid countdown4 May 2023, 12:00 BST
- Bids opened4 May 2023, 13:00 BST
Notice history
2 events · 2 releases on Find a Tender · since 31 Mar 2023- Status changed to cancelled31 Mar 2023, 14:03 BST
- Buyer details updated31 Mar 2023, 14:03 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastContracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- NORTH EAST FINANCE (HOLDCO) LIMITEDContracting authorityBody governed by public lawEconomic affairs
Dispute resolution & review bodies
- N/AReview body
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria