Smart Data Foundry Corporate Advisor

Official notice

Authority: Univeristy of Edinburgh

ServicesAward procedure without prior publication of a call for competition

Sectors: Financial and insurance services (66) Delivery: Scotland (UKM75)

Awarded value£97,000published contract · exc. VAT

Awarded 30 Jul 2024no call for competition

Awarded to Anderson Anderson & Brown LLP

What is being bought

Published requirement description

Smart Data Foundry require support of the Corporate Advisor to help prepare the sale of the business and to evaluate the market for potential acquirer's. The Corporate Advisor would then work in partnership with the appointed Legal Advisors to complete the sale transaction and the successful sale of a part of the business.

CPV: Corporate finance and venture capital services

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: Scotland

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 5 Aug 2024, 16:51 BST
Last source update: 5 Aug 2024, 16:51 BST
Authority reference: NCA21268
FTS notice number: 2024/S 000-024571
Classification (CPV): Corporate finance and venture capital services
Delivery area: Scotland (UKM75)
Official registry OCID: ocds-h6vhtk-0487cf Find a Tender

Why no open competition: The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons
Published justification: Only one supplier met the requirement of Corporate Advisor support to help prepare the sale of the business and to evaluate the market for potential acquirer's with imperative deadline that the sale transaction is completed before prior the end of the calendar year.

Publisher note: This will be payable on an instalment basis as follows: GBP 27,000 for market search of acquirer's A final success fee of GBP 50,000 payable only the successful completion of the transaction. (SC Ref:774353)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £97,0001 contract exc. VAT

Bids received 1

Contracts signed 1latest 30 Jul 2024

Awarded to	Value	Date	Status
Anderson Anderson & Brown LLP	£97,000 †	—	Awarded

Contracts

Contract 024571-2024-NCA21268-1 · Anderson Anderson & Brown LLP
Signed
30 Jul 2024
Value
£97,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids · 1 electronic · 1 from abroad	0	—	—

Contracting authority & participating public bodies

Univeristy of Edinburgh

Contracting authorityBody governed by public lawEducation Charles Stewart House, 9-16 Chambers Street, Edinburgh, Scotland, EH1 1HTContact name, email, phone

Dispute resolution & review bodies

Edinburgh Sherriff CourtReview body Edinburgh

Bidders & participating suppliers

1 commercial party on the notice

Anderson Anderson BrownAwarded supplier 9 Queens Road, Aberdeen, Aberdeen, Scotland, AB15 4YLContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.