Find a TenderAwarded
Published 30 Oct 2024, 16:42 GMT

Official UK procurement notice

DfE Intertrade Ireland - Lead Equity Advisor / Venture Capital professional

Official notice

Authority: InterTradeIreland (Central government)·Consortium: 2 public authorities

ServicesOpen procedureSME suitable
Published estimate£478,880exc. VAT16.7% below published estimate
Submissions closed 4 Dec 2024awarded 19 Dec 2024
Awarded to BRANDISH LIMITED

What is being bought

Published requirement description

DfE Intertrade Ireland - Lead Equity Advisor / Venture Capital professional

  • Recurrence: This contract is recurrent every 3 years

CPV: Business and management consultancy and related services · Business and management consultancy services · Business development consultancy services · Business services: law, marketing, consulting, recruitment, printing and security · Financial management consultancy services

The lotProcurement structure

single lot · value published
Lot #1DfE Intertrade Ireland - Lead Equity Advisor / Venture Capital professionalAwardedRenewalPublished value£478,880

DfE Intertrade Ireland - Lead Equity Advisor / Venture Capital professional. Additional information: This contract is for 3 years duration.

Delivery listed: Ireland (IE), Northern Ireland · UKN
Extensions: The Contract will commence on award date and will remain in place for 3 yearsVariant bids: not allowed

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: 60%Price: 40%
Published sub-criteria (2)
  • Qualitative Criteria: 60%
  • Quantitative Criteria: 40%
Published award criteria (2)
  • Qualitative Criteria: 60
  • Quantitative Criteria: 40
Conditions of participation2
  • Economic & financial standing

    as per tender documents

  • Technical & professional ability

    as per tender documents

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

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
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · This contract is recurrent every 3 years
First published
30 Oct 2024, 16:42 GMT
Last source update
19 Dec 2024, 15:18 GMT
Award evaluation window
4 Dec 2024 – …
Authority reference
5385867
FTS notice number
2024/S 000-041020
Classification (CPV)
Business and management consultancy and related servicesBusiness and management consultancy servicesBusiness development consultancy servicesBusiness services: law, marketing, consulting, recruitment, printing and securityFinancial management consultancy services
Delivery area
Ireland (IE)Northern Ireland (UKN)
Official registry OCID
ocds-h6vhtk-04b2b6 Find a Tender
Review and risk notes
Review procedure

CPD will comply with the Public Contracts Regulations 2015 and, where appropriate, will incorporate a standstill period (i.e. a minimum of 10 calendar days) at the point information on the award of contract is communicated to tenderers. That notification will provide full information on the award decision. This provides time for the unsuccessful tenderers to challenge the award decision before the contract is entered into.

Publisher note: Contract Monitoring. The successful Supplier’s performance on the contract will be regularly monitored in line with the tender. documentation. Supplier's not delivering on contract requirements is a serious matter. It means the public purse is not getting what it is paying for. If a Supplier ails to reach satisfactory levels of contract performance they will be given a specified time to improve. If, after the specified time, they still fail to reach satisfactory levels of contract performance, the matter will be escalated to senior management in CPD for further action. If this occurs and their performance still does not improve to satisfactory levels within the specified period, it may be regarded as an act of grave professional misconduct and they may be issued with a Notice of Unsatisfactory Performance and the contract may be terminated. The issue of a Notice of Unsatisfactory Performance can result in the Supplier being excluded from all procurement competitions being undertaken by Centres of Procurement Expertise on behalf of bodies covered by the Northern Ireland Procurement Policy for a period of three years from the date of issue..

How it was run

Official notice
Submission deadline
4 Dec 2024, 15:00 GMT
Submission channel
{"written"}
Accepted languages
en
Bids opened
4 Dec 2024, 15:30 GMT

Timeline

4 Dec 2024 → 4 Mar 2025 · 4 dates
  1. Submission deadline
    4 Dec 2024, 15:00 GMT
  2. Bids opened
    4 Dec 2024, 15:30 GMT
  3. Notice published
    19 Dec 2024, 15:18 GMT
  4. Bids must remain valid until
    4 Mar 2025, 23:59 GMT

Notice history

2 events · 2 releases on Find a Tender · since 19 Dec 2024
  1. Status changed to complete
    19 Dec 2024, 15:18 GMT
  2. Buyer details updated
    19 Dec 2024, 15:18 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £399,0001 contract exc. VAT
Bids received 11 from SMEs
Contracts signed 1latest 19 Dec 2024
Awarded toValueDateStatus
BRANDISH LIMITEDSMEContract£399,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic · 1 from abroad1——

Contracting authority & participating public bodies

2 public bodies on the notice

InterTradeIreland

Contracting authorityCentral GovernmentBody governed by public lawGeneral public servicesEconomic affairs Old Gasworks Business Park, Kilmorey St,, Newry, UK, BT342DEContact name, email

Dispute resolution & review bodies

  • The UK does not have any such bodies with responsibility for appeal/mediation procedures. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued regarding alleged breaches of the PCR 2015 as amended.Review body Belfast

Bidders & participating suppliers

1 commercial party on the notice
  • BRANDISH LIMITEDAwarded supplier 31 FITZWILLIAM SQUARE, DUBLIN, IE, 2Contact email

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.