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Official procurement procedure

TD1925 - Due Diligence

Financial and insurance services
East Midlands (UKF11)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Derby City Council: "TD1925 - Due Diligence". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDerby City CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Derby City Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Derby City Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
34.9Bids / Report
14.4% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 108 active published awards; 90 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityDerby City Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published13 Apr 2023, 11:46 BST
Last source update13 Apr 2023, 11:46 BST
Recurring procurementNot published
ClassificationFinancial and insurance services
Delivery area
East Midlands (UKF11)
OCIDocds-h6vhtk-0399bd
What is being bought
The requirement is to undertake Due Diligence, primarily for companies accessing Derby Enterprise Growth Fund and Ascend but also available to the Council more widely. Services will include the undertaking of Due Diligence exercises and provision of reports and advice on companies offered (in principle) grant or loan funding prior to funding contracts being signed, reviewed, or amended. Reports are required to provide an external independent view on viability and risk as well as confirmation and validation of State Aid position to ensure all funding is State Aid compliant
What changed
From the official release history
  1. tender value changed
    13 Apr 2023, 11:46 BST
  2. Status changed to complete
    13 Apr 2023, 11:46 BST
  3. Official notice release published
    13 Apr 2023, 11:46 BST
  4. Submission deadline changed to published date
    13 Apr 2023, 11:46 BST
  5. Published value updated to £250,000
    23 Jan 2023, 13:53 GMT
  6. Status changed to active
    23 Jan 2023, 13:53 GMT
  7. Official notice release published
    23 Jan 2023, 13:53 GMT
  8. Submission deadline changed to 26 Feb 2023, 15:00 GMT
    23 Jan 2023, 13:53 GMT
  9. Buyer information updated
    23 Jan 2023, 13:53 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The requirement is to undertake Due Diligence, primarily for companies accessing Derby Enterprise Growth Fund and Ascend but also available to the Council more widely. Services will include the undertaking of Due Diligence exercises and provision of reports and advice on companies offered (in principle) grant or loan funding prior to funding contracts being signed, reviewed, or amended. Reports are required to provide an external independent view on viability and risk as well as confirmation and validation of State Aid position to ensure all funding is State Aid compliant Contract is due to commence on the 14th April 2023 and expire on 13th April 2026. There is an option to extend for a further 2 years in annual increments. The value of £250,000 is based on the full 5 years.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    13 Apr 2023, 11:46 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 11 Apr 2023, 00:00 BST · £250,000
Commercial outcome and competition
Awards
INVENTYA LTD
Not published · Not published · active
Contracts
Contract
£250,000 · signed 11 Apr 2023, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
electronicBids: 3 (lot 1)
smeBids: 3 (lot 1)
Buyer and organisations in this procedure

Derby City Council

Contracting authority GB-FTS-853
View buyer profile

  • Derby City Council
    buyer

    Corporation Street, Derby, UKF11, DE12FS
    procurement@derby.gov.uk
    +44 1332640768

  • Derby City Council
    reviewBody

    Derby

  • Inventya Ltd
    supplier

    GB-COH: 07144394
    Cheshire, UK
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published