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AwardedFind a Tender · award

Future Investment Support Services

Buyer: Department for Business and Trade →

BuyerDepartment for Business and Trade
StatusAwarded
DeadlineNot published
ValueValue not published
Published29 Jun 2023

What is being bought

This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.

Delivery location

UK

Categories

Miscellaneous business-related services 79990000

Lot details

Lot 1

This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Miscellaneous business-related services (79990000); 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 7913,7404 median · 30.9 average (5,803 of 13,740 with a bid count)3.2 average (6,507 of 13,740 with named award suppliers)1 comparable price pairs
Same buyer0Not publishedNot publishedNot published
Delivery region: UK3,8104 median · 60.1 average (1,523 of 3,810 with a bid count)5 average (1,809 of 3,810 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 byGPA
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

Contracts

018588-2023-1

Statusactive
Value£10,623,380

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-038036
Latest release ID018588-2023
Latest release timestampThu Jun 29 2023 15:45:36 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
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 release1
Parties in latest release3

Notice history

DateEventReference
29 Jun 2023award, contract018588-2023
8 Nov 2022tender031615-2022

All source data

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

Complete current OCDS release JSON
{
  "id": "018588-2023",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 4,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2023-06-29T16:45:36+01:00",
  "ocid": "ocds-h6vhtk-038036",
  "buyer": {
    "id": "GB-FTS-86257",
    "name": "Department for Business and Trade"
  },
  "awards": [
    {
      "id": "018588-2023-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-86258",
          "name": "OCO Global Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-038036",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "Future Investment Support Services",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.",
    "classification": {
      "id": "79990000",
      "scheme": "CPV",
      "description": "Miscellaneous business-related services"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-86257",
      "name": "Department for Business and Trade",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom",
        "streetAddress": "SW1A 2DY"
      },
      "details": {
        "url": "https://www.gov.uk/government/organisations/department-for-international-trade",
        "classifications": [
          {
            "id": "MINISTRY",
            "scheme": "TED_CA_TYPE",
            "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Department for Business and Trade"
      },
      "contactPoint": {
        "email": "commercialbpo@trade.gov.uk"
      }
    },
    {
      "id": "GB-FTS-86258",
      "name": "OCO Global Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKN",
        "locality": "Belfast",
        "postalCode": "BT12 4HQ",
        "countryName": "United Kingdom",
        "streetAddress": "6 Citylink Business Park"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "OCO Global Limited"
      }
    },
    {
      "id": "GB-FTS-86259",
      "name": "Department for Business & Trade",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "SW1A 2DY",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Department for Business & Trade"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "018588-2023-1",
      "value": {
        "amount": 10623380,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "018588-2023-1",
      "dateSigned": "2023-06-07T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (2 releases)
29 Jun 2023 · 018588-2023 · award, contract
{
  "id": "018588-2023",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 4,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2023-06-29T16:45:36+01:00",
  "ocid": "ocds-h6vhtk-038036",
  "buyer": {
    "id": "GB-FTS-86257",
    "name": "Department for Business and Trade"
  },
  "awards": [
    {
      "id": "018588-2023-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-86258",
          "name": "OCO Global Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-038036",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "Future Investment Support Services",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "This service is to provide business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors.",
    "classification": {
      "id": "79990000",
      "scheme": "CPV",
      "description": "Miscellaneous business-related services"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-86257",
      "name": "Department for Business and Trade",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom",
        "streetAddress": "SW1A 2DY"
      },
      "details": {
        "url": "https://www.gov.uk/government/organisations/department-for-international-trade",
        "classifications": [
          {
            "id": "MINISTRY",
            "scheme": "TED_CA_TYPE",
            "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Department for Business and Trade"
      },
      "contactPoint": {
        "email": "commercialbpo@trade.gov.uk"
      }
    },
    {
      "id": "GB-FTS-86258",
      "name": "OCO Global Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKN",
        "locality": "Belfast",
        "postalCode": "BT12 4HQ",
        "countryName": "United Kingdom",
        "streetAddress": "6 Citylink Business Park"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "OCO Global Limited"
      }
    },
    {
      "id": "GB-FTS-86259",
      "name": "Department for Business & Trade",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "SW1A 2DY",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Department for Business & Trade"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "018588-2023-1",
      "value": {
        "amount": 10623380,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "018588-2023-1",
      "dateSigned": "2023-06-07T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
8 Nov 2022 · 031615-2022 · tender
{
  "id": "031615-2022",
  "tag": [
    "tender"
  ],
  "date": "2022-11-08T17:05:36Z",
  "ocid": "ocds-h6vhtk-038036",
  "buyer": {
    "id": "GB-FTS-68015",
    "name": "Department for International Trade"
  },
  "tender": {
    "id": "ocds-h6vhtk-038036",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "renewal": {
          "description": "3 year initial term with two optional extension periods of up to 12 months each"
        },
        "hasOptions": false,
        "hasRenewal": true,
        "description": "DIT is looking to procure the following six categories of services, many of which are currently provided by an outsourced provider. Bids from potential suppliers are expected to include the following service requirements; however, we invite bidders to offer creative solutions when seeking to meet these requirements. The estimated value is £9,000,000 - 11,000,000 for the whole duration of the contract (including two optional extension periods of up to 12 months each). Contract award is expected to be made in Q4 FY22/23.\n1. Training: DIT requires a service that provides a high-quality and engaging learning and development (L&D) programme to DIT investment staff in the UK and overseas, enabling them to deliver on DIT investment priorities more effectively. This L&D programme will build staff’s investment knowledge, develop their investment promotion and account management skills and share best practice from within DIT but also other investment promotion agencies.\n2.  Research and analysis: DIT requires material to address specific knowledge gaps which exist within the department’s network. The information requested will often be highly specific and require sector and/or regional expertise, examples could include the AgriTech sector in Wales or aquafarming in the South West.\n3. Client-facing support material: DIT requires support material for client-facing teams across its network to manage investment prospects both domestically and internationally. This material will contain packaged client pitches or ‘propositions’ and investor-facing content to allow teams to present opportunities to prospective investors on a particular region, economic cluster, or sector as well as opportunities relating to capital investments and freeports. The volumes required will vary depending on the needs of the network at any given time.\n4. Market insights: DIT requires a service which allows it to keep abreast of industry trends to influence prioritisation of our promotion efforts. This will require a granular and intelligent approach to tracking data, with an emphasis on industry information that provides early signalling of trends as well as the longer-term macroeconomic analyses typical in ‘pure’ policy making. \n5. Modelling and benchmarking tools: DIT requires a suite of information tools to allow its staff to produce reports highlighting the potential of the UK as an investment destination. These will include financial modelling and benchmarking tools which are able to compare indicative financial performances of investments projects across a range of investments locations.\n6. Target generation: DIT requires a service which generates FDI leads for its network staff both domestically and overseas. Other services provided by the supplier may also generate leads for this service.",
        "contractPeriod": {
          "durationInDays": 1800
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "Future Investment Support Services",
    "value": {
      "amount": 11000000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "economic",
        "documentType": "economicSelectionCriteria"
      },
      {
        "id": "technical",
        "documentType": "technicalSelectionCriteria"
      }
    ],
    "bidOpening": {
      "date": "2022-12-12T16:01:00Z"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "awardPeriod": {
      "startDate": "2022-12-12T16:01:00Z"
    },
    "description": "The Department for International Trade (DIT) has the objective of creating a UK that leads the way on achieving fair global trading, drives economic growth and improves the living standards in the country and around the world. We will deliver that through attracting and retaining inward investment, promoting exports and delivering new trade deals.\nOur vision for Investment is to transform DIT into one of the world’s most capable and respected investment promotion agencies, best placed to deliver high-value inward investment in support of the Government’s economic ambitions including innovation, net zero and levelling up. We will achieve this through optimising our support to high-value, high impact investors, whilst growing effective and efficient services across all investor categories.\nDIT is seeking a service provider to help us improve our ability to target and support high-value investment, and to supplement what we know from our interactions with businesses with external intelligence, to inform policy making on enhancing the attractiveness of the UK investment environment. This will involve delivering business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors. This will require expertise, innovation, operational excellence and a commitment from the provider to deliver in the national interest. \nThe successful bidder will help DIT maintain its position as one of the world’s preeminent investment promotion organisations. They will provide support that will increase the credibility and impact of our investor interactions—and help us secure higher levels of inward investment benefiting all regions and nations of the UK.",
    "tenderPeriod": {
      "endDate": "2022-12-12T16:00:00Z"
    },
    "hasRecurrence": false,
    "classification": {
      "id": "79990000",
      "scheme": "CPV",
      "description": "Miscellaneous business-related services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission",
      "written"
    ],
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://uktrade.app.jaggaer.com/",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-68015",
      "name": "Department for International Trade",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom",
        "streetAddress": "Old Admiralty Building  SW1A 2DY"
      },
      "details": {
        "url": "https://www.gov.uk/government/organisations/department-for-international-trade",
        "classifications": [
          {
            "id": "MINISTRY",
            "scheme": "TED_CA_TYPE",
            "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Department for International Trade"
      },
      "contactPoint": {
        "url": "https://uktrade.app.jaggaer.com/",
        "email": "commercialbpo@trade.gov.uk"
      }
    },
    {
      "id": "GB-FTS-59968",
      "name": "Department for International Trade",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "SW1A 2DY",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Department for International Trade"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}