Find a TenderAwarded
Published 2 Jun 2023, 08:36 BST

Official UK procurement notice

GFG Asset Management in Scotland (GAMIS)

Official notice

Authority: Scottish Government (Central government)·Consortium: 2 public authorities

ServicesOpen procedureSME suitable
Published estimate£450,000exc. VAT · 1 value update
Submissions closed 29 Feb 2024awarded 7 May 2024
Awarded to Deloitte, IPSOS (MARKET RESEARCH) LTD2 awards

What is being bought

Published requirement description

The Scottish Government requires business monitoring and contingency planning services in relation to the Lochaber Guarantee and Reimbursement Agreement (GRA) and to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance.

CPV: Business and management consultancy and related services · Financial consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1Core WorkAwardedRenewal

Core Work

Provision of advisory services as may be required to provide expert commercial advice in respect of core services, working through routine queries and processes in relation to the Guarantee and GFG Alliance. Scottish Government expects to receive regular reports and advice in respect of the guarantee GFG Alliance business situation.

-Regular monitoring of refinancing and relevant advice following advisor meetings with GFG management;

-Monthly project management report and meeting;

-Quarterly accounts report;

-Quarterly Lochaber businesses cashflow reports;

-Quarterly business plan investment review;

-Annual asset re-valuation;

-Expected Credit Loss IFRS9 assessment;

-Annual Guarantee fee review;

Ad-hoc work: The ITT will include scope for officials to request further specific ‘call off’ project activity. Scottish Government may from time-to-time, require the provision of services in respect of a range of ad hoc outputs including reports, evaluations, advice and other commercial services.

Experience:

The Commercial Advisor will require to demonstrate expertise and capability to deliver the indicative requirements outlined in the key information about the requirement.

The Commercial Advisor will be expected to:

i. Have relevant experience and expertise in relation to steel and aluminium industries;

ii. Have relevant experience in power generation industry, energy markets and a robust knowledge of energy price forecasting. Additional information: Contract for 24 months with optional 12 month extension period to final date of 06/05/2027.

Delivery: Scotland
Extensions: Initial duration will be 24 months with an option to extend the contract for an additional 12 months.Variant 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: 100Price: 30
Published sub-criteria (7)
  • Methodology: 35
  • Staffing And Capability: 30
  • Timetable And Delivery: 15
  • Cyber Security (M): 10
  • Climate Emergency: 5
  • Fair Work First: 5
  • price: 30
Published award criteria (7)
  • Methodology: 35
  • Staffing And Capability: 30
  • Timetable And Delivery: 15
  • Cyber Security (M): 10
  • Climate Emergency: 5
  • Fair Work First: 5
  • Price: 30
Conditions of participation1
  • Condition of participation
    no text published
    Minimum: Bidders must demonstrate a Current Ratio of no less than 1.0. Current Ratio will be calculated as follows: Net current assets divided by net current liabilities. There must be no qualification or contra-indication from any evidence provided in support of the bidders economic and …
Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 130 points: a 10% discount moves about 3 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
No (one-off requirement)
First published
2 Jun 2023, 08:36 BST
Last source update
16 May 2024, 09:18 BST
Award evaluation window
29 Feb 2024 – …
Authority reference
CASE/684653
FTS notice number
2024/S 000-015517
Classification (CPV)
Business and management consultancy and related servicesFinancial consultancy services
Delivery area
Scotland (UKM)
Official registry OCID
ocds-h6vhtk-03d323 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: Question Scoring Methodology for Award Criteria outlined in Invitation to Tender. 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 response is comprehensive, unambiguous and demonstrates a thorough understanding of the requirement and provides details of how the requirement will be met in full. Tenderers are also asked to confirm that they will pay staff that are involved in the delivery of services under the contract, at least the real Living Wage. Bidders must complete the SPD (Scotland) to demonstrate adherence to the Exclusion and Selection Criteria for this procurement. If there are named subcontractors/technicians upon which the bidder will rely to meet the selection criteria, these named parties must complete and reattach the SPD Supplier Response Form attached to SPD. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 25761 and the ITT code is 37790. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 25761. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ A summary of the expected community benefits has been provided as follows: The tenderer must provide a Community Benefits proposal that is relevant to the subject matter of this contract and supports the Scottish Ministers’ commitment to contributing to the social, economic & environmental well-being of the people of Scotland, as described in the specification. targeted employment support, recruitment and work-related training for priority groups within the community (for example long-term unemployed and young people) as part of your proposed workforce for this project; support for existing Charity and Third Sector Organisations that deliver benefits to the communities Use of SMEs or supported businesses as part of your supply chain up-skilling the existing workforce; equality and diversity initiatives; educational support initiatives. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 25761. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 25761. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 (SC Ref:766798)

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
Submission deadline
29 Feb 2024, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
29 Feb 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

29 Feb 2024 → 16 May 2024 · 3 dates
  1. Submission deadline
    29 Feb 2024, 12:00 GMT
  2. Bids opened
    29 Feb 2024, 12:00 GMT
  3. Notice published
    16 May 2024, 09:18 BST

Notice history

6 events · 4 releases on Find a Tender · since 6 Sept 2023
  1. Status changed to complete
    6 Sept 2023, 13:53 BST
  2. Published value updated to £500,000
    25 Jan 2024, 13:34 GMT
    was £450,000
  3. Status changed to active
    25 Jan 2024, 13:34 GMT
  4. Deadline moved to 29 Feb 2024, 12:00 GMT
    25 Jan 2024, 13:34 GMT
    +237 days · was 7 Jul 2023, 12:00 BST
  5. Status changed to complete
    16 May 2024, 09:18 BST
  6. Buyer details updated
    16 May 2024, 09:18 BST
Routine re-releases (4)
  • 2023-06: 1 release · 2 Jun 2023

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £946,0002 contracts exc. VAT
Bids received 32 from SMEs
Contracts signed 2latest 7 May 2024
Awarded toValueDateStatus
Deloitte£500,000 †—Awarded
IPSOS (MARKET RESEARCH) LTD£446,000 †—Awarded

Contracts

  • Contract 015517-2024-CASE/684653-1 · Deloitte

    Signed
    7 May 2024
    Value
    £500,000
    Status
    active
  • Contract 026339-2023-610662-1 · IPSOS (MARKET RESEARCH) LTD

    Signed
    30 Aug 2023
    Value
    £446,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic · 3 from abroad2——

Contracting authority & participating public bodies

2 public bodies on the notice

Scottish Government

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services Case/684653 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

Bidders & participating suppliers

2 commercial parties on the notice
  • Deloitte LLPAwarded supplier 2, NEW STREET SQUARE, London, UK, EC4A 3BZContact phone
  • Ipsos (market research) LtdAwarded supplier 4 Wemyss Place, Edinburgh, Scotland, EH3 6DHContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Technical selection criteriatenderTechnical selection criteria
  • Technical selection criteriatenderTechnical selection criteria