Official UK procurement notice
Financial Due Diligence · UK public procurement notice
Authority: Scottish Enterprise
What is being bought
Published requirement descriptionScottish Enterprise (SE) is working in partnership with other Scottish public sector bodies to deliver a significant inward investment opportunity and is looking to appoint a single supplier to deliver services under a framework agreement, to carry out and report on financial due diligence and compliance with the Commercial Market Operator ("CMO") principle, in connection with a significant inward investment project. It is anticipated that the framework will commence on the 4th of March 2024 for a period of 36 months, and SE has the option to extend the framework agreement by a further 12-month period.
CPV: Financial consultancy services · Financial management consultancy services
How this framework works
From the published notice- Places
- up to 1 suppliers
The lotProcurement structure
single lot · value publishedLot #1CancelledRenewalPublished value£800,000
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 (7)
- Project Team Structure including Relevant Skills and Qualifications: 35
- Methodology including Innovation: 35
- Timetable and Service Delivery: 15
- Business Continuity: 5
- Information Security: 5
- Fair Work First: 5
- price: 30
Published award criteria (8)
- Prompt Payment: Pass/Fail
- Project Team Structure including Relevant Skills and Qualifications: 35
- Methodology including Innovation: 35
- Timetable and Service Delivery: 15
- Business Continuity: 5
- Information Security: 5
- Fair Work First: 5
- Price: 30
- Suitability
The relevant selection criteria will be included in the SPD Scotland online module.
- Economic & financial standing
The relevant selection criteria will be included in the SPD Scotland online module.
- Technical & professional ability
The relevant selection criteria will be included in the SPD Scotland online module.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 30 of 130 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
- “Financial Due Diligence” is a framework: the contest is a place on its panel, up to 1 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 14 Dec 2023, 08:52 GMT
- Last source update
- 8 Feb 2024, 16:28 GMT
- Award evaluation window
- 22 Jan 2024 – …
- Authority reference
P24-0074- FTS notice number
2024/S 000-004294- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-042570Find a Tender
- Review procedure
In the first instance, contact the Head of Facilities Management and Procurement at Scottish Enterprise, with any concerns or enquiries. Email: www.scottish-enterprise.com/help/contact-us ↗.
An economic operator that suffers, or risks suffering, loss or damage attributable to a breach of duty under the Public Contracts (Scotland) Regulations 2015, may bring proceedings that will be started in the High Court.
Publisher note: This is a relevant climate change contract, bidders are required to complete and return the attached Climate Change Plan template. SPD Statement for 2A.17 – Form of Participation (Notably as part of a group, consortium, joint venture or similar). Any contract will be entered into with the nominated lead organisation and all members of the consortium, who will in these circumstances each be required to execute said contract together with all ancillary documentation, evidencing their joint and several liability in respect of the obligations and liabilities of the contract. It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. SPD Statement for 2C.1 - Where the main bidder relies on the capacities of other entities in order to meet the selection criteria, the bidder must provide a separate SPD response setting out the information required under SPD (Scotland): Part II (sections A and B); Part III exclusion grounds; the relevant part of Section IV selection criteria; and Part V (if applicable) for each of the entities concerned. The framework agreement supports Scottish Enterprise’s purpose which is ‘To focus Scottish Enterprise and public services on creating more, better jobs that nurture shared wealth and collective well-being, through increasing sustainable economic growth’. (SC Ref:757789)
How it was run
Official notice- Appointment period ends
- 14 Feb 2024, 11:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 22 Jan 2024, 11:00 GMT
Timeline
22 Jan 2024 → 14 Feb 2024 · 3 dates- Bids opened22 Jan 2024, 11:00 GMT
- Notice published8 Feb 2024, 16:28 GMT
- Admission / appointment period endsperiod end, not a bid countdown14 Feb 2024, 11:00 GMT
Notice history
3 events · 4 releases on Find a Tender · since 15 Jan 2024- Deadline moved to 26 Jan 2024, 11:00 GMT15 Jan 2024, 16:05 GMT+4 days · was 22 Jan 2024, 11:00 GMT
- Deadline moved to 14 Feb 2024, 11:00 GMT24 Jan 2024, 14:53 GMT+19 days · was 26 Jan 2024, 11:00 GMT
- Status changed to cancelled8 Feb 2024, 16:28 GMT
Published amendments (2 · 2 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | DeadlineTime limit · IV.2.2 | 22 Jan 2024 | 26 Jan 2024 | +4 d |
| — | Bid openingConditions for opening of tenders · IV.2.7 | 22 Jan 2024 | 26 Jan 2024 | +4 d |
| — | DeadlineTime limit · IV.2.2 | 26 Jan 2024 | 14 Feb 2024 | +19 d |
| — | Bid openingConditions for opening of tenders · IV.2.7 | 26 Jan 2024 | 14 Feb 2024 | +19 d |
The tender response deadline has been extended to ensure bidders have adequate time to respond, taking into account questions and answers received.
The tender submission deadline has been extended until the 14th of February 2024 due to questions outstanding on the portal and a slight delay with internal processes. This extension will allow the project team to collate responses to the questions and publish for bidders to consider prior to the tender submission deadline.
Routine re-releases (4)
- 2023-12: 1 release · 14 Dec 2023
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastContracting authority & participating public bodies
Dispute resolution & review bodies
- Glasgow Sheriff Court and Justice of the Peace CourtReview body
- Scottish GovernmentMediation bodyReview contact point
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.