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cancelledFind a Tender · award

Fund Advisory Services for Ambition North Wales Clean Energy Fund

Buyer: Ambition North Wales →

BuyerAmbition North Wales
Statuscancelled
DeadlineNot published
ValueValue not published
Published15 Aug 2023

What is being bought

Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas: Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy; Developing a marketing strategy and a launch plan; Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund; Scoping the support required to enable an online application process channelled through ANW website; and Scoping any legal input or other external advisory support required for launch of the fund. The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund. It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions.

Delivery location

UKL11 · UKL12 · UKL13 · UKL23

Categories

Research and development services and related consultancy services 73000000Research and development consultancy services 73200000Research consultancy services 73210000Development consultancy services 73220000Design and execution of research and development 73300000Research and development services and related consultancy services 73000000

Lot details

Lot 1

Open Tender

Statuscancelled

Award criteria
as per procurement documents — 100
price — 0

What is included

ItemCategoryQuantity
1Research and development services and related consultancy services, Research and development consultancy services, Research consultancy services, Development consultancy services, Design and execution of research and developmentNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 73. The category anchor is Research and development services and related consultancy services (73000000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 733,0453 median · 26.7 average (1,087 of 3,045 with a bid count)2.5 average (1,228 of 3,045 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UKL1184 median · 3.8 average (4 of 8 with a bid count)1 average (4 of 8 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

023937-2023-SLEF - FSA - ER01-1

Statusunsuccessful

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-03dcd5
Latest release ID023937-2023
Latest release timestampTue Aug 15 2023 15:20:12 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscancelled
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
15 Aug 2023award, contract023937-2023
28 Jul 2023tenderUpdate022028-2023
27 Jun 2023tender018263-2023

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (3 releases)
15 Aug 2023 · 023937-2023 · award, contract
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28 Jul 2023 · 022028-2023 · tenderUpdate
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27 Jun 2023 · 018263-2023 · tender
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            "supplier"
          ],
          "description": "Experience, skills, and any additional role requirements:\nExpertise and demonstrable experience in developing and mobilising investment strategies and funds similar to the fund proposed by Ambition North Wales (similar in terms of funding products and funding recipients).\nExpertise and demonstrable experience in operating and managing funds similar to the Fund proposed by Ambition North Wales (similar in terms of funding products and funding recipients).\nExpertise and demonstrable experience in leveraging additional funding and investment from a range of public/private sources.\nExpertise and demonstrable experience in promoting and marketing funds similar to the Fund proposed by Ambition North Wales.\nExpertise and demonstrable experience in undertaking financial and technical due diligence of funding applications.\nExpertise and demonstrable experience in monitoring performance at investment and portfolio level against key Fund spending objectives and targeted benefits.\nAn understanding of renewable energy technologies and other clean energy solutions relevant to current UK and Welsh Government Energy and infrastructure strategies.\nPrevious experience of working with Devolved Administrations, Growth Deals, City Deals, Local Enterprise Partnerships, Local Authorities or Combined Authorities.\nQualified and experienced team with effective interpersonal and communication skills."
        }
      ]
    },
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://www.sell2wales.gov.wales/",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-86065",
      "name": "Ambition North Wales",
      "roles": [
        "buyer",
        "centralPurchasingBody"
      ],
      "address": {
        "region": "UKL12",
        "locality": "Llandudno Junction",
        "postalCode": "LL31 9RZ",
        "countryName": "United Kingdom",
        "streetAddress": "Government Buildings, Sarn Mynach,"
      },
      "details": {
        "url": "https://ambitionnorth.wales/",
        "buyerProfile": "https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0361",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Ambition North Wales"
      },
      "contactPoint": {
        "url": "https://www.sell2wales.gov.wales/",
        "name": "Mrs Sara Jones",
        "email": "sarajones@uchelgaisgogledd.cymru",
        "telephone": "+44 7765652510"
      }
    },
    {
      "id": "GB-FTS-111",
      "name": "High Court",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom",
        "streetAddress": "Royal Courts of Justice, The Strand"
      },
      "identifier": {
        "legalName": "High Court"
      },
      "contactPoint": {
        "telephone": "+44 2079477501"
      }
    }
  ],
  "language": "en",
  "description": "NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=132574.\nThe buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.sell2wales.gov.wales/sitehelp/help_guides.aspx.\nSuppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.\n(WA Ref:132574)\nThe buyer considers that this contract is suitable for consortia.",
  "initiationType": "tender"
}