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Published 30 Jul 2021, 14:31 BST

Official UK procurement notice

(NU/1433-20) Skin Life Analytics: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Official notice

Authority: Newcastle University (Education)·Consortium: 4 public authorities

Dynamic marketServicesRestricted procedureSME suitable
Sectors: Business Services & Consultancy (79) Delivery: North East (UKC)
Dynamic market estimateValue not publishedmarket-wide estimate, not attributable revenue
Awarded 20 Jul 2021

What is being bought

Published requirement description

The personal skin care market and cosmetics industry is becoming increasingly complex. The majority of consumers are looking for skincare products with validated clinical/scientific analysis and personalised products. Businesses need measurable evidence that their treatments are working to encourage continued product use as well as inform new product development and efficacy. Therefore, an experienced business executive is needed to join the team and lead the company formation.

The initial brief of the executive will be to:

(1) Produce a viable 5-year business plan;

(2) Obtain university approval for the venture;

(3) a. Act for the company in the spin-out legal process and address all company formation matters;

b. Obtain founder academics’ and Newcastle University (including the Head of Company Creation) approval for appointment as CEO.

c. Provide to the appropriate university all matters necessary all reporting requirements, including ERDF;

(4) Secure (venture capital and other) funding

Stage (4) will produce the funds by which the new start-up company can consider employing the executive going forward. It is expected, and the intent of the scheme, that the Executive will remain with the business following the end of the contract period. However, such appointment will be at the discretion of the board and appropriate university and will be subject to confirmation, typically at Stage 3 above

CPV: Business and management consultancy and related services

How this dynamic market works

From the published notice
Type
Dynamic market
Bids received
4 bids received · 1 suppliers appointed

The lotProcurement structure

single lot · no lot value published
Lot #1Newcastle, Durham, Sunderland and Northumbria universities, in common with universitiesAwarded

Newcastle, Durham, Sunderland and Northumbria universities, in common with universities

throughout the UK, have advanced relevant systems and procedures and also dedicate significant public resource to both research and commercialisation of that research. A key

route to commercialisation is the creation of a new business (a spin-out company) wherein

the intellectual property (IPR) developed exclusively licenced to a university start-up

company in exchange for (founders) shares in that company.

The universities ill engage suitably qualified and experienced executives through the DPS as

and when required over the DPS period. The specific requirements will be detailed in each

further competition.

The initial brief of the executive for which he/she will be paid, dependent upon the scope of

the specific project engagement sought, either a payment or a combination of a payment and

a share/stock option will typically be to:

(a) produce a viable business plan;

(b) obtain university approval for the venture;

(c) act for the company in the spin-out legal process and address all the company formation

matters;

(d) provide to the appropriate university all matters necessary for ESIF,ERDF and Research

England reporting requirements;

(e) secure (venture capital and/or other) funding in accordance with the business plan.

Delivery: North East

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: 75%Price: 25%
Published sub-criteria (3)
  • Ability to meet the Job Description: 60%
  • o Equity: 15%
  • price: 25%
Published award criteria (6)
  • o Ability to meet the required programme: P/F
  • o Ability to meet the Job Description: P/F
  • Ability to meet the Job Description: 60
  • o Equity: 15
  • o Acceptance of the equity approval process: P/F
  • Price: 25
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
  • “(NU/1433-20) Skin Life Analytics: The Provision of Business…” is a dynamic market: the contest is a place on its panel, 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
Procedure method
Restricted 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
Dynamic market
Who may use this agreement
Any qualifying supplier may apply while the market is open
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
30 Jul 2021, 14:31 BST
Last source update
30 Jul 2021, 14:31 BST
Authority reference
DN542818
FTS notice number
2021/S 000-018268
Classification (CPV)
Business and management consultancy and related services
Delivery area
North East (UKC)
Official registry OCID
ocds-h6vhtk-02ceca Find a Tender
Review and risk notes
Review procedure

The University will incorporate a standstill period at the point information on the award of the

contract is communicated to tenderers. That notification will provide full information on the

award decision. The standstill period, which will be for a minimum of 10 calendar days,

provides time for unsuccessful tenderers to challenge the award decision before the

contract is entered into.

The Public Contracts Regulations 2015 (SI 2015 No 102) provide for aggrieved parties who

have been harmed or are at risk of harm by a breach of the rules to take action in the High

Court (England, Wales and Northern Ireland) within 30 days of knowledge or constructive

knowledge of breach.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Bids received 44 from SMEs
Contracts signed 1latest 20 Jul 2021

1 suppliers are admitted to this dynamic market without individual award values or dates, see the supplier list below.

Contracts

  • (NU/1433-20) Skin Life Analytics: The Provision of Business Consultancy to Assist Commercialisation of University Research.

    Signed
    20 Jul 2021
    Value
    £29,400
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic · 4 from abroad4——

Contracting authority & participating public bodies

5 public bodies on the notice

Newcastle University

Contracting authorityEducationBody governed by public lawEducation Newcastle University, Procurement Services, Kingsgate, Newcastle, North East, NE1 7RUContact name, email, phone

Consortium members and other public bodies

Suppliers admitted to the dynamic market

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.