← Back to search results

ClosedFind a Tender · UK4

Long Term Management Due Diligence

Buyer: National Wealth Fund Limited →

View official notice ↗Official source

BuyerNational Wealth Fund Limited
StatusClosed
Deadline30 Jun 2026
Value£1,500,000
Published29 May 2026

What is being bought

The National Wealth Fund (“NWF”) regularly requires the provision of Management Due Diligence services in support of individual equity investment opportunities under consideration. In order to streamline and standardise the commissioning of these services, NWF is seeking to establish two overarching contractual arrangements from which services may be called off on a Statement of Work basis as individual investment opportunities arise. It is NWF’s intention to award contracts to two (2) suitably qualified suppliers, reflecting the potential for conflicts of interest that may arise in relation to target companies or differences in service line capability and capacity. Each contract is anticipated to be for a duration of four (4) years. Whilst the contracts will be established on a no‑committed spend basis, it is anticipated that they will represent the default route for the procurement of Management Due Diligence services throughout the contract term. The required outputs and deliverables associated with the services shall comprise draft and final Management Due Diligence reports. Services may be undertaken in respect of any combination of the following individuals, as specified by NWF on a case‑by‑case basis: - Founders and co‑founders - Executive directors - Members of the senior leadership team - Functional leads and other key individuals identified by NWF Specialisms sought under this contract include: - Management Capability Assessment (Core Requirement): A comprehensive assessment of the capability, effectiveness, and overall suitability of the target company’s management team. - Referencing and Evidence Gathering (Core Requirement): The undertaking of referencing and evidence‑gathering activities, which may include, as appropriate: referencing with previous employers or colleagues; referencing with current employees; and blinded or anonymised reference discussions. - Integrity and Background Checks (Optional Capability): Where relevant to the target company, the completion of integrity and background checks. - Compensation and Incentives Review (Optional Capability): Where relevant, a review of management remuneration and incentive arrangements, including benchmarking of base salary, variable cash compensation, equity participation, and option schemes. - Enhanced Team Effectiveness and Psychometric Assessment (Optional Capability): Where relevant, enhanced assessment of team effectiveness, potentially including the administration and interpretation of recognised psychometric or behavioural assessment tools at an individual and/or team level. - Regulatory, Government, and Stakeholder Engagement (Optional Capability): Where relevant, an assessment of management’s experience in engaging with central and local government bodies, together with experience of regulatory compliance and planning processes. Suppliers must offer those service lines marked as Core Scope and may apply for any service lines marked Optional Capability within their bid in order to be able to offer them under the contract.

Delivery location

UK, GB

Categories

Business and management consultancy services 79410000

Lot details

Lot 1

No lot description published.

Statusactive
Value£1,500,000
Contract periodFrom 24 Aug 2026 to 23 Aug 2030
SME suitabilitySuitable for SMEs

Award criteria
Commercial — Suppliers are asked to provide a fixed price for the core service lines based on a set number of people. Pricing for optional service lines and a rate card are also sought. Full details of the commercial assessment are available in Appendix 5 – Management Due Diligence Services - Tender Assessment Methodology and Appendix 8 - Pricing Template.
Technical — Quality will be assessed based on the Appendix 7 Technical Response - Award Criteria and Appendix 5 Tender Assessment Methodology. Questions and weightings are as follows: 1) Understanding of NWF Requirements and Proposed Approach & Methodology 20% 2) Successful Delivery and Relevant Experience (Case Studies) 25% 3) Proposed Team Structure and Resourcing Model 25% 4) Flexibility, Responsiveness and Time‑Critical Delivery 20% 5) Social Value Question 10% Additionally suppliers will be asked to complete a question per optional service line they wish to bid for. These will not affect the overall contract award but will govern if a supplier is able to offer that optional service line under their contract should they be awarded: 6) Integrity and Background Checks Pass/Fail 7) Compensation and Incentives Review Pass/Fail 8) Enhanced Team Effectiveness and Psychometric Assessment Pass/Fail 9) Regulatory, Government, and Stakeholder Engagement Pass/Fail

What is included

ItemCategoryQuantity
1Business and management consultancy servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Business and management consultancy services (79410000); 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 (5,804 of 13,740 with a bid count)3.2 average (6,508 of 13,740 with named award suppliers)1 comparable price pairs
Same buyer2Not publishedNot publishedNot published
Delivery region: UK3,8104 median · 60.1 average (1,524 of 3,810 with a bid count)5 average (1,810 of 3,810 with named award suppliers)Not published
Similar published value (0.5×–2×)7984 median · 7.3 average (11 of 798 with a bid count)1.8 average (11 of 798 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 policyallowed
Selection criteriaNot published
Risk detailsPotential risks affecting contract performance could include: conflicts of interest, capacity, IT and data security, financial health.

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.

Documents & submission route

Source data inventory

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

OCIDocds-h6vhtk-0677f7
Latest release ID050762-2026
Latest release timestampFri May 29 2026 10:53:23 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLhttps://www.find-tender.service.gov.uk/Notice/050762-2026
Tender statusactive
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: end2026-06-30T12:00:00+01:00
Expression of interest deadlineNot published
Enquiry deadline2026-06-10T12:00:00+01:00
Award period: startNot published
Award period: end2026-08-12T23:59:59+01:00
Submission method detailsTo gain access to the documentation and submit your proposal for this opportunity, please register on Atamis, available on the following link: https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the event is live, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis. If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response. The tender documents provided are as follows, with associated appendixes:- • Invitation to Tender • Appendix 1 - Glossary • Appendix 2 - Rules of Procurement • Appendix 3 - Specification • Appendix 4 - Contract • Appendix 5 - Tender Assessment Methodology • Appendix 6 - Procurement Specific Questionnaire • Appendix 7 - Technical Envelope Response, Award Questionnaire • Appendix 8 - Commercial Envelope Response, Pricing Template • Appendix 9 - Confidential & Commercially Sensitive Information • Appendix 10 - Form of Tender • Appendix 11 - Tender Response Checklist Please note that, as part of your response to Appendix 6: Procurement Specific Questionnaire, your organisation must be registered on the Central Digital Platform (CDP) and hold an active account containing complete, accurate, and up‑to‑date organisational information. You will be required to generate a Share Code for sharing with NWF and to download your supplier information file for onward submission to NWF. If you are unfamiliar with the CDP, please refer to the guidance here: https://www.gov.uk/government/publications/procurement-act-2023-short-guides/suppliers-how-to-register-your-organisation-and-first-administrator-on-find-a-tender-in-three-easy-steps-html#step-3-declare-and-share
Submission languagesen
Electronic catalogue policyNot published
Total tender value£1,500,000
Tender lots in source1
Tender items in source1
Tender documents in source2
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
29 May 2026tender050762-2026
30 Mar 2026planning029169-2026

All source data

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

Complete current OCDS release JSON
{
  "id": "050762-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-05-29T11:53:23+01:00",
  "ocid": "ocds-h6vhtk-0677f7",
  "buyer": {
    "id": "GB-PPON-PZLH-3537-RPCP",
    "name": "National Wealth Fund Limited"
  },
  "tender": {
    "id": "C1277",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 1500000,
          "currency": "GBP",
          "amountGross": 1800000
        },
        "status": "active",
        "suitability": {
          "sme": true
        },
        "awardCriteria": {
          "criteria": [
            {
              "name": "Commercial",
              "type": "price",
              "description": "Suppliers are asked to provide a fixed price for the core service lines based on a set number of people. Pricing for optional service lines and a rate card are also sought. Full details of the commercial assessment are available in Appendix 5 – Management Due Diligence Services  - Tender Assessment Methodology  and Appendix 8 - Pricing Template."
            },
            {
              "name": "Technical",
              "type": "quality",
              "description": "Quality will be assessed based on the Appendix 7 Technical Response - Award Criteria and Appendix 5 Tender Assessment Methodology. \nQuestions and weightings are as follows: \n1) Understanding of NWF Requirements and Proposed Approach & Methodology\n 20%\n2) Successful Delivery and Relevant Experience (Case Studies)\n 25%\n3) Proposed Team Structure and Resourcing Model 25%\n4) Flexibility, Responsiveness and Time‑Critical Delivery 20%\n5) Social Value Question 10%\nAdditionally suppliers will be asked to complete a question per optional service line they wish to bid for. These will not affect the overall contract award but will govern if a supplier is able to offer that optional service line under their contract should they be awarded:\n6) Integrity and Background Checks Pass/Fail\n7) Compensation and Incentives Review Pass/Fail\n8) Enhanced Team Effectiveness and Psychometric Assessment Pass/Fail\n9) Regulatory, Government, and Stakeholder Engagement Pass/Fail"
            }
          ],
          "weightingDescription": "Price per quality point"
        },
        "contractPeriod": {
          "endDate": "2030-08-23T23:59:59+01:00",
          "startDate": "2026-08-24T00:00:00+01:00"
        },
        "selectionCriteria": {
          "criteria": [
            {
              "type": "economic",
              "description": "Please see the conditions of participation in Appendix 6 – Procurement Specific Questionnaire included within the Invitation To Tender document."
            },
            {
              "type": "technical",
              "description": "Please see the requirements fully detailed in Appendix 3 - Specification. Suppliers must be able to provide the Core Services at a minimum."
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "79410000",
            "scheme": "CPV",
            "description": "Business and management consultancy services"
          }
        ]
      }
    ],
    "title": "Long Term Management Due Diligence",
    "value": {
      "amount": 1500000,
      "currency": "GBP",
      "amountGross": 1800000
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "conflictOfInterest",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "050762-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/050762-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-05-29T11:53:23+01:00"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "awardPeriod": {
      "endDate": "2026-08-12T23:59:59+01:00"
    },
    "description": "The National Wealth Fund (“NWF”) regularly requires the provision of Management Due Diligence services in support of individual equity investment opportunities under consideration. In order to streamline and standardise the commissioning of these services, NWF is seeking to establish two overarching contractual arrangements from which services may be called off on a Statement of Work basis as individual investment opportunities arise.\nIt is NWF’s intention to award contracts to two (2) suitably qualified suppliers, reflecting the potential for conflicts of interest that may arise in relation to target companies or differences in service line capability and capacity. Each contract is anticipated to be for a duration of four (4) years. Whilst the contracts will be established on a no‑committed spend basis, it is anticipated that they will represent the default route for the procurement of Management Due Diligence services throughout the contract term.\nThe required outputs and deliverables associated with the services shall comprise draft and final Management Due Diligence reports.\nServices may be undertaken in respect of any combination of the following individuals, as specified by NWF on a case‑by‑case basis:\n- Founders and co‑founders\n- Executive directors\n- Members of the senior leadership team\n- Functional leads and other key individuals identified by NWF\nSpecialisms sought under this contract include:\n- Management Capability Assessment (Core Requirement): A comprehensive assessment of the capability, effectiveness, and overall suitability of the target company’s management team.\n- Referencing and Evidence Gathering (Core Requirement): The undertaking of referencing and evidence‑gathering activities, which may include, as appropriate: referencing with previous employers or colleagues; referencing with current employees; and blinded or anonymised reference discussions.\n- Integrity and Background Checks (Optional Capability): Where relevant to the target company, the completion of integrity and background checks.\n- Compensation and Incentives Review (Optional Capability): Where relevant, a review of management remuneration and incentive arrangements, including benchmarking of base salary, variable cash compensation, equity participation, and option schemes.\n- Enhanced Team Effectiveness and Psychometric Assessment (Optional Capability): Where relevant, enhanced assessment of team effectiveness, potentially including the administration and interpretation of recognised psychometric or behavioural assessment tools at an individual and/or team level.\n- Regulatory, Government, and Stakeholder Engagement (Optional Capability): Where relevant, an assessment of management’s experience in engaging with central and local government bodies, together with experience of regulatory compliance and planning processes.\nSuppliers must offer those service lines marked as Core Scope and may apply for any service lines marked Optional Capability within their bid in order to be able to offer them under the contract.",
    "riskDetails": "Potential risks affecting contract performance could include: conflicts of interest, capacity, IT and data security, financial health.",
    "tenderPeriod": {
      "endDate": "2026-06-30T12:00:00+01:00"
    },
    "contractTerms": {
      "financialTerms": "Payment terms will be in accordance with the published procurement documents"
    },
    "enquiryPeriod": {
      "endDate": "2026-06-10T12:00:00+01:00"
    },
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "To gain access to the documentation and submit your proposal for this opportunity, please register on Atamis, available on the following link: https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the event is live, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis.\nIf you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response.\nThe tender documents provided are as follows, with associated appendixes:-\n• Invitation to Tender\n• Appendix 1 - Glossary\n• Appendix 2 - Rules of Procurement\n• Appendix 3 - Specification\n• Appendix 4 - Contract\n• Appendix 5 - Tender Assessment Methodology\n• Appendix 6 - Procurement Specific Questionnaire\n• Appendix 7 - Technical Envelope Response, Award Questionnaire\n• Appendix 8 - Commercial Envelope Response, Pricing Template\n• Appendix 9 - Confidential & Commercially Sensitive Information\n• Appendix 10 - Form of Tender\n• Appendix 11 - Tender Response Checklist\nPlease note that, as part of your response to Appendix 6: Procurement Specific Questionnaire, your organisation must be registered on the Central Digital Platform (CDP) and hold an active account containing complete, accurate, and up‑to‑date organisational information. You will be required to generate a Share Code for sharing with NWF and to download your supplier information file for onward submission to NWF. If you are unfamiliar with the CDP, please refer to the guidance here: https://www.gov.uk/government/publications/procurement-act-2023-short-guides/suppliers-how-to-register-your-organisation-and-first-administrator-on-find-a-tender-in-three-easy-steps-html#step-3-declare-and-share",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-PPON-PZLH-3537-RPCP",
      "name": "National Wealth Fund Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE42",
        "country": "GB",
        "locality": "Leeds",
        "postalCode": "LS1 4HR",
        "countryName": "United Kingdom",
        "streetAddress": "2 Whitehall Quay, Leeds, LS1 4HR"
      },
      "details": {
        "url": "https://atamis-3929.my.site.com/s/Welcome",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PZLH-3537-RPCP",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "procurement@nationalwealthfund.org.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (2 releases)
29 May 2026 · 050762-2026 · tender
{
  "id": "050762-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-05-29T11:53:23+01:00",
  "ocid": "ocds-h6vhtk-0677f7",
  "buyer": {
    "id": "GB-PPON-PZLH-3537-RPCP",
    "name": "National Wealth Fund Limited"
  },
  "tender": {
    "id": "C1277",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 1500000,
          "currency": "GBP",
          "amountGross": 1800000
        },
        "status": "active",
        "suitability": {
          "sme": true
        },
        "awardCriteria": {
          "criteria": [
            {
              "name": "Commercial",
              "type": "price",
              "description": "Suppliers are asked to provide a fixed price for the core service lines based on a set number of people. Pricing for optional service lines and a rate card are also sought. Full details of the commercial assessment are available in Appendix 5 – Management Due Diligence Services  - Tender Assessment Methodology  and Appendix 8 - Pricing Template."
            },
            {
              "name": "Technical",
              "type": "quality",
              "description": "Quality will be assessed based on the Appendix 7 Technical Response - Award Criteria and Appendix 5 Tender Assessment Methodology. \nQuestions and weightings are as follows: \n1) Understanding of NWF Requirements and Proposed Approach & Methodology\n 20%\n2) Successful Delivery and Relevant Experience (Case Studies)\n 25%\n3) Proposed Team Structure and Resourcing Model 25%\n4) Flexibility, Responsiveness and Time‑Critical Delivery 20%\n5) Social Value Question 10%\nAdditionally suppliers will be asked to complete a question per optional service line they wish to bid for. These will not affect the overall contract award but will govern if a supplier is able to offer that optional service line under their contract should they be awarded:\n6) Integrity and Background Checks Pass/Fail\n7) Compensation and Incentives Review Pass/Fail\n8) Enhanced Team Effectiveness and Psychometric Assessment Pass/Fail\n9) Regulatory, Government, and Stakeholder Engagement Pass/Fail"
            }
          ],
          "weightingDescription": "Price per quality point"
        },
        "contractPeriod": {
          "endDate": "2030-08-23T23:59:59+01:00",
          "startDate": "2026-08-24T00:00:00+01:00"
        },
        "selectionCriteria": {
          "criteria": [
            {
              "type": "economic",
              "description": "Please see the conditions of participation in Appendix 6 – Procurement Specific Questionnaire included within the Invitation To Tender document."
            },
            {
              "type": "technical",
              "description": "Please see the requirements fully detailed in Appendix 3 - Specification. Suppliers must be able to provide the Core Services at a minimum."
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "79410000",
            "scheme": "CPV",
            "description": "Business and management consultancy services"
          }
        ]
      }
    ],
    "title": "Long Term Management Due Diligence",
    "value": {
      "amount": 1500000,
      "currency": "GBP",
      "amountGross": 1800000
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "conflictOfInterest",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "050762-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/050762-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-05-29T11:53:23+01:00"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "awardPeriod": {
      "endDate": "2026-08-12T23:59:59+01:00"
    },
    "description": "The National Wealth Fund (“NWF”) regularly requires the provision of Management Due Diligence services in support of individual equity investment opportunities under consideration. In order to streamline and standardise the commissioning of these services, NWF is seeking to establish two overarching contractual arrangements from which services may be called off on a Statement of Work basis as individual investment opportunities arise.\nIt is NWF’s intention to award contracts to two (2) suitably qualified suppliers, reflecting the potential for conflicts of interest that may arise in relation to target companies or differences in service line capability and capacity. Each contract is anticipated to be for a duration of four (4) years. Whilst the contracts will be established on a no‑committed spend basis, it is anticipated that they will represent the default route for the procurement of Management Due Diligence services throughout the contract term.\nThe required outputs and deliverables associated with the services shall comprise draft and final Management Due Diligence reports.\nServices may be undertaken in respect of any combination of the following individuals, as specified by NWF on a case‑by‑case basis:\n- Founders and co‑founders\n- Executive directors\n- Members of the senior leadership team\n- Functional leads and other key individuals identified by NWF\nSpecialisms sought under this contract include:\n- Management Capability Assessment (Core Requirement): A comprehensive assessment of the capability, effectiveness, and overall suitability of the target company’s management team.\n- Referencing and Evidence Gathering (Core Requirement): The undertaking of referencing and evidence‑gathering activities, which may include, as appropriate: referencing with previous employers or colleagues; referencing with current employees; and blinded or anonymised reference discussions.\n- Integrity and Background Checks (Optional Capability): Where relevant to the target company, the completion of integrity and background checks.\n- Compensation and Incentives Review (Optional Capability): Where relevant, a review of management remuneration and incentive arrangements, including benchmarking of base salary, variable cash compensation, equity participation, and option schemes.\n- Enhanced Team Effectiveness and Psychometric Assessment (Optional Capability): Where relevant, enhanced assessment of team effectiveness, potentially including the administration and interpretation of recognised psychometric or behavioural assessment tools at an individual and/or team level.\n- Regulatory, Government, and Stakeholder Engagement (Optional Capability): Where relevant, an assessment of management’s experience in engaging with central and local government bodies, together with experience of regulatory compliance and planning processes.\nSuppliers must offer those service lines marked as Core Scope and may apply for any service lines marked Optional Capability within their bid in order to be able to offer them under the contract.",
    "riskDetails": "Potential risks affecting contract performance could include: conflicts of interest, capacity, IT and data security, financial health.",
    "tenderPeriod": {
      "endDate": "2026-06-30T12:00:00+01:00"
    },
    "contractTerms": {
      "financialTerms": "Payment terms will be in accordance with the published procurement documents"
    },
    "enquiryPeriod": {
      "endDate": "2026-06-10T12:00:00+01:00"
    },
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "To gain access to the documentation and submit your proposal for this opportunity, please register on Atamis, available on the following link: https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the event is live, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis.\nIf you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response.\nThe tender documents provided are as follows, with associated appendixes:-\n• Invitation to Tender\n• Appendix 1 - Glossary\n• Appendix 2 - Rules of Procurement\n• Appendix 3 - Specification\n• Appendix 4 - Contract\n• Appendix 5 - Tender Assessment Methodology\n• Appendix 6 - Procurement Specific Questionnaire\n• Appendix 7 - Technical Envelope Response, Award Questionnaire\n• Appendix 8 - Commercial Envelope Response, Pricing Template\n• Appendix 9 - Confidential & Commercially Sensitive Information\n• Appendix 10 - Form of Tender\n• Appendix 11 - Tender Response Checklist\nPlease note that, as part of your response to Appendix 6: Procurement Specific Questionnaire, your organisation must be registered on the Central Digital Platform (CDP) and hold an active account containing complete, accurate, and up‑to‑date organisational information. You will be required to generate a Share Code for sharing with NWF and to download your supplier information file for onward submission to NWF. If you are unfamiliar with the CDP, please refer to the guidance here: https://www.gov.uk/government/publications/procurement-act-2023-short-guides/suppliers-how-to-register-your-organisation-and-first-administrator-on-find-a-tender-in-three-easy-steps-html#step-3-declare-and-share",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-PPON-PZLH-3537-RPCP",
      "name": "National Wealth Fund Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE42",
        "country": "GB",
        "locality": "Leeds",
        "postalCode": "LS1 4HR",
        "countryName": "United Kingdom",
        "streetAddress": "2 Whitehall Quay, Leeds, LS1 4HR"
      },
      "details": {
        "url": "https://atamis-3929.my.site.com/s/Welcome",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PZLH-3537-RPCP",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "procurement@nationalwealthfund.org.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
30 Mar 2026 · 029169-2026 · planning
{
  "id": "029169-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-03-30T14:46:41+01:00",
  "ocid": "ocds-h6vhtk-0677f7",
  "buyer": {
    "id": "GB-PPON-PZLH-3537-RPCP",
    "name": "National Wealth Fund Limited"
  },
  "tender": {
    "id": "C1277",
    "lots": [
      {
        "id": "1",
        "status": "planning",
        "suitability": {
          "sme": true
        },
        "contractPeriod": {
          "endDate": "2030-06-29T23:59:59+01:00",
          "startDate": "2026-06-30T00:00:00+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "79410000",
            "scheme": "CPV",
            "description": "Business and management consultancy services"
          }
        ]
      }
    ],
    "title": "Long Term Management Due Diligence",
    "value": {
      "amount": 1500000,
      "currency": "GBP",
      "amountGross": 1800000
    },
    "status": "planning",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The National Wealth Fund (“NWF”) regularly requires the provision of Management Due Diligence services in support of individual equity investment opportunities under consideration. In order to streamline and standardise the commissioning of these services, NWF is seeking to establish two overarching contractual arrangements from which services may be called off on a Statement of Work basis as individual investment opportunities arise.\nIt is NWF’s intention to award contracts to two (2) suitably qualified suppliers, reflecting the potential for conflicts of interest that may arise in relation to target companies. Each contract is anticipated to be for a duration of four (4) years. Whilst the contracts will be established on a no‑committed spend basis, it is anticipated that they will represent the default route for the procurement of Management Due Diligence services throughout the contract term.\nThe required outputs and deliverables associated with the services shall comprise draft and final Management Due Diligence reports.\nServices may be undertaken in respect of any combination of the following individuals, as specified by NWF on a case‑by‑case basis:\n- Founders and co‑founders\n- Executive directors\n- Members of the senior leadership team\n- Functional leads and other key individuals identified by NWF\nBy way of a high‑level illustrative example, the typical scope of services may include, but is not limited to, the following elements:\n- Management Capability Assessment: A comprehensive assessment of the capability, effectiveness, and overall suitability of the target company’s management team.\n- Referencing and Evidence Gathering: The undertaking of referencing and evidence‑gathering activities, which may include, as appropriate: referencing with previous employers or colleagues; referencing with current employees; and blinded or anonymised reference discussions.\n- Integrity and Background Checks: Where relevant to the target company, the completion of integrity and background checks.\n- Compensation and Incentives Review: Where relevant, a review of management remuneration and incentive arrangements, including benchmarking of base salary, variable cash compensation, equity participation, and option schemes.\n- Enhanced Team Effectiveness and Psychometric Assessment: Where relevant, enhanced assessment of team effectiveness, potentially including the administration and interpretation of recognised psychometric or behavioural assessment tools at an individual and/or team level.\n- Regulatory, Government, and Stakeholder Engagement: Where relevant, an assessment of management’s experience in engaging with central and local government bodies, together with experience of regulatory compliance and planning processes.\nPlease note that some elements are likely to be optional specialisms at an overarching contract level, we would welcome market feedback on this. Full details of the scope of work and associated requirements will be set out in the future Invitation to Tender documentation.",
    "communication": {
      "futureNoticeDate": "2026-04-24T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PZLH-3537-RPCP",
      "name": "National Wealth Fund Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE42",
        "country": "GB",
        "locality": "Leeds",
        "postalCode": "LS1 4HR",
        "countryName": "United Kingdom",
        "streetAddress": "2 Whitehall Quay, Leeds, LS1 4HR"
      },
      "details": {
        "url": "https://atamis-3929.my.site.com/s/Welcome",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PZLH-3537-RPCP",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "procurement@nationalwealthfund.org.uk"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "029169-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/029169-2026",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-03-30T14:46:41+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-04-14T23:59:59+01:00",
        "description": "We would welcome expressions of interest, or any feedback on the proposed structure and outline scope. This can be sent to procurement@nationalwealthfund.org.uk before the engagement deadline 14th April 2026. Please quote C1277 Long Term Management Due Diligence in the subject line of your email."
      }
    ]
  },
  "initiationType": "tender"
}