Find a TenderAwarded
Published 12 Feb 2025, 10:27 GMT

Official UK procurement notice

DED - Commercial Advisor Framework 2

Official notice

Authority: Scottish Government (Central government)

Framework agreement2 lotsServicesOpen procedure
Framework ceiling (notional)£10,000,000total for 2 lots · framework ceiling, not attributable revenue
Submissions closed 25 Jul 2025awarded 31 Oct 2025
Lots 2see the lot list below

What is being bought2 lots · detail below

Published requirement description

SCOPE OF REQUIREMENTS

The scope of work will comprise of standard due diligence and financial governance. This is what will be termed ‘core’ work representing ongoing business activities of advice, guidance, reporting, engagement with the business, meetings and costing on a planned, regular programme. The second part relates to cases where we consider that more complex analysis will be required and that appropriate time and rates are proportionate for this activity.

Core Scope

Provision of advisory services as may be required to provide expert strategic, financial and commercial advice in respect of core services:

Advice & guidance

Analysis

Reporting

Work across all sectors of industry

Meetings and costing on a planned regular programme.

Additional Scope

The Scottish Government require the Service Provider to be able to provide all services outlined below across a range of possible intervention, investment or funding structures, including debt, guarantees, grants and equity:

Financial/Commercial due diligence.

Analysis and reports on potential mergers or acquisitions and disposal of assets, Insolvency, restructuring and turnaround advice

Specialist economic and market technical expertise relevant to government

Market analysis of relevant sectors, including those strategic to Scotland

Options Appraisal in line with the principles of HMT Green Book

Evaluation exercises in line with the principles of HMT Magenta Book

Strategic and commercial advice in respect of exit strategies for Scottish Government interventions

Financial Accounting assessments

Company valuations

Counterparty due diligence, addressing financial, commercial and reputational risks

Economic impact assessments

Commercial market operator assessment in support of a wider subsidy control assessment, working with appointed legal advisors and Scottish Government’s Legal Directorate and Subsidy Control Division. This will include appropriate pricing of any financial instruments to be applied to the transaction.

Undertaking a sale and marketing process for existing investments, including marketing the business for sale, engaging with prospective purchasers and negotiating commercial heads of terms

Forensic accounting assessments.

The Scottish Government require the Service Provider to provide all services outlined above for all noted transaction and intervention types. Should the Service Provider require the use of sub-contractor to fulfil the requirements this should be noted in the Tenderer’s Single Procurement Documents (SPD) and Technical response. Further details of the required services are detailed in Annex

CPV: Business analysis consultancy services · Financial consultancy services · Financial management consultancy services

How this framework works

From the published notice
Places
up to 6 suppliers · 8 bids received (1.3 per place) · 6 appointed (full)

Lots and requirements (2)Procurement structure

2 lots · no lot values published
Lot #1Commercial Advisor Framework 2CancelledRenewal

The aim of the Framework Agreement is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on commercial entities and companies in difficulty to inform decision making.

Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of a successful outcome.

It is envisaged that the appointed Service Providers will be multi-disciplinary agencies or consortia offering a range of integrated professional services including but not limited to: accountancy/financial management, and tax advice, commercial advisory services, restructuring and turnaround specialisms, specialist technical expertise such as economic and market analysis and other considerations including impacts of Subsidy Control (formerly State Aid). Additional information: A maximum of 6 Service Providers will be appointed to the Framework Agreement.

Delivery: Scotland
Extensions: Option to extend for 1 year plus 1 additional year to a maximum of 4 years.Variant bids: not allowed
Lot #2Commercial Advisor Framework 2Planned

The purpose of this Prior Information Notice is to give advance notice of our intentions to the market. The Scottish Government is currently conducting internal engagement with policy areas and key stakeholders to determine the lotting structure of the Framework agreement. Please record your interest in this notice and you will automatically receive updates as we progress.

Delivery: Scotland

What it takes to win
i

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 more
How bids were scored
Quality: 100Price: 40
Published sub-criteria (8)
  • Methodology: 20
  • Management and Delivery Team: 25
  • Value for Money: 20
  • Tailored Approaches: 20
  • Community Benefits: 5
  • Fair Work First: 5
  • Business Continuity and Disaster Recovery: 5
  • price: 40
Published award criteria (8)
  • Methodology: 20
  • Management and Delivery Team: 25
  • Value for Money: 20
  • Tailored Approaches: 20
  • Community Benefits: 5
  • Fair Work First: 5
  • Business Continuity and Disaster Recovery: 5
  • Price: 40
Conditions of participation2
  • Economic & financial standing

    SPD 4B.4 -

    Bidders must demonstrate a Current Ratio of no less than 1 in the financial years specified in the SPD. Current Ratio will be calculated as follows:

    Total current assets divided by Total current liabilities.

    There must be no qualification or contra-indication from any evidence provided in support of the bidders economic and financial standing.

    SPD 4B.5 -

    The bidder confirms they already have or can commit to obtain, prior to the commencement of the contract, the levels of insurance cover indicated below:

    Professional Risk Indemnity: in the sum of not less than 5 Million GBP.

    Employer's (Compulsory) Liability: in accordance with any legal obligation for the time being in force but in any event in the sum of not less than Five million pounds 5 Million GBP.

    Public Liability- including Abuse Liability: in the sum of not less than 5 Million GBP.

    Such insurance must be maintained for the duration of the Contract and for a minimum of 5 years following the expiry or termination of the

    Contract.

  • Technical & professional ability

    SPD 4C.4 -

    Bidders must provide a statement of the relevant supply chain management and/or tracking systems used.

    SPD 4C.7 -

    Bidders will be required to provide evidence that their organisation has taken steps to build their awareness of the climate change emergency and how they will respond.

    SPD 4C.10 -

    Bidders are required to confirm whether they intend to subcontract and, if so, for what proportion of the Framework Agreement Contract and what service the sub-contractor will provide.

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 40 of 140 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
  • “DED - Commercial Advisor Framework 2” is a framework: the contest is a place on its panel, up to 6 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
Awarded
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
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
12 Feb 2025, 10:27 GMT
Last source update
19 Nov 2025, 13:02 GMT
Award evaluation window
25 Jul 2025 – …
Authority reference
758186
FTS notice number
2025/S 000-075213
Classification (CPV)
Business analysis consultancy servicesFinancial consultancy servicesFinancial management consultancy services
Delivery area
Scotland (UKM)
Official registry OCID
ocds-h6vhtk-04de02 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: The buyer used PCS-Tender to conduct this Invitation to Tender (ITT) exercise. The Project code was 29380. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 The Question Scoring Methodology for Award Criteria was included in the invitation to tender as follows: 0 — Unacceptable. Nil or inadequate response. Fails to demonstrate an ability to meet the requirement. 1 — Poor. Response is partially relevant but generally poor. The response addresses some elements of the requirement but contains insufficient/limited detail or explanation to demonstrate how the requirement will be fulfilled. 2 — Acceptable. Response is relevant and acceptable. The response addresses a broad understanding of the requirement but may lack details on how the requirement will be fulfilled in certain areas. 3 — Good. Response is relevant and good. The response is sufficiently detailed to demonstrate a good understanding and provides details on how the requirements will be fulfilled. 4 — Excellent. Response is completely relevant and excellent overall. The Framework value is an estimate which may increase or decrease over the Framework Term. Commitment to spend will only be agreed at each call off opportunity. The estimated value of the Framework Agreement in 10 million GPB with the option to extend this value to 15 million GPB. These values are estimates established during the development of the Framework Agreement. (SC Ref:816269)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Appointment period ends
25 Jul 2025, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
25 Jul 2025, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

17 Mar 2025 → 19 Nov 2025 · 4 dates
  1. Next notice expected
    17 Mar 2025
  2. Admission / appointment period endsperiod end, not a bid countdown
    25 Jul 2025, 12:00 BST
  3. Bids opened
    25 Jul 2025, 12:00 BST
  4. Notice published338 days ago
    19 Nov 2025, 13:02 GMT

Notice history

4 events · 3 releases on Find a Tender · since 30 May 2025
  1. Status changed to active
    30 May 2025, 10:59 BST
  2. Procurement method changed
    30 May 2025, 10:59 BST
  3. Deadline published: 25 Jul 2025, 12:00 BST
    30 May 2025, 10:59 BST
  4. Status changed to complete
    19 Nov 2025, 13:02 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 6admitted to the panel · see the list ↓
Bids received 8
Contracts signed 1latest 31 Oct 2025

1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

  • Contract 075213-2025-758186-1

    Signed
    31 Oct 2025
    Value
    £15,000,000
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Commercial Advisor Framework 28bids · 8 electronic · 8 from abroad0——

Contracting authority & participating public bodies

Scottish Government

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsEconomic affairs 4 Atlantic Quay, 70 York St, Glasgow, Scotland, G2 8EAContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Edinburgh Sheriff Court and Justice of the Peace CourtReview body Edinburgh

Framework contractors & participating bidders

6 commercial parties on the notice
  • Deloitte LLPFramework contractor 2, NEW STREET SQUARE, London, UK, EC4A 3BZContact phone
  • FRP AdvisoryFramework contractor Level 2 The Beacon, 176 St Vincent Street, Glasgow, UK, G2 5SGContact phone
  • Grant Thornton UK LLPFramework contractor 110 Queen Street, Glasgow, Scotland, G1 3BXContact phone
  • Interpath LtdFramework contractor 10 Fleet Place, London, London, EC4M 7RBContact phone
  • PricewaterhouseCoopers LLPFramework contractor 1 Embankment Place, Londond, UK, WC1N 6RHContact phone
  • Teneo Restructuring LimitedFramework contractor 110 West George Street, Glasgow, UK, G2 1PJContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.