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active
Official procurement procedure
UKIB DPS for Expert Advice Services v.2
Advisory and consultative engineering services
Auditing services
Business analysis consultancy services
+13 more
UK
Published value
£4,500,000
Submission deadline 23 Apr 2025, 12:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: National Wealth Fund Limited: "UKIB DPS for Expert Advice Services v.2". Published status: active. Published value: £4,500,000. 1 published lot. Recorded submission deadline: 23 Apr 2025, 12:00 BST. See the official notice for participation instructions.
| Contracting Authority | National Wealth Fund Limited | Scope & Categories | Not published | Submission Window | Closed 23 Apr 2025, 12:00 BST |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £4,500,000 |
Bidder Intelligence · Authority Profile: National Wealth Fund Limited
Market Analytics
Derived from OCDS awards & bid statistics
Published history for National Wealth Fund Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
Not availableNo published reports
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 0 active published awards; 0 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 Unpublished data stays unknown.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 AuthorityNational Wealth Fund Limited | Procedure methodNot published | Procurement categoryNot published |
Statusactive | Framework / DPSDynamic market | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published20 Feb 2025, 16:46 GMT | Last source update20 Feb 2025, 16:46 GMT | Recurring procurementYes |
ClassificationAdvisory and consultative engineering services, Auditing services, Business analysis consultancy services, Business and management consultancy and related services, Civil engineering consultancy services, Construction consultancy services, Consulting services for water-supply and waste-water other than for construction, Environmental auditing, Environmental issues consultancy services, Financial consultancy services, Financial management consultancy services, Insurance consultancy services, Research consultancy services, Tax consultancy services, Technical analysis or consultancy services, Transport systems consultancy services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-04e58a | ||
What is being bought
The National Wealth Fund ('NWF') is the UK government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. NWF is partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. NWF seeks to establish a Dynamic Purchasing System (‘DPS’) for the provision of expert advice.
What changed
From the official release history
- Published value updated to £4,500,000
20 Feb 2025, 16:46 GMT - Status changed to active
20 Feb 2025, 16:46 GMT - Official notice release published
20 Feb 2025, 16:46 GMT - Submission deadline changed to 23 Apr 2025, 12:00 BST
20 Feb 2025, 16:46 GMT - Buyer information updated
20 Feb 2025, 16:46 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedactivePublished valueNot publishedIt is proposed through this procurement to establish a DPS to provide a tool for the selection and appointment of independent advisors to provide expert advice and assurance. This DPS is intended to replace the existing C0545 Expert Advice Services DPS from the point that the agreement goes live as an equivalent version 2.<br/><br/>NWF requires expert advice and assurance services on its investment into companies relating to green transport, critical minerals, clean energy and grid, water, waste, carbon capture and storage, battery storage and gigafactories, and digital infrastructure amongst other sectors. Independent advisors will provide advice and assurance on topics including the background of the sponsor and counterparties, physical and financial suitability of the project, technology, and the market it operates in.<br/><br/>The outputs of the Services will predominantly be in the form of written reports and/or presentations. This will likely include the provision of red flag reviews, intended to act as initial screening tools to identify aspects of the asset or project that require detailed due diligence focus in subsequent stages, or present critical risks to the project.<br/><br/>The purpose of the DPS is to establish an efficient contracting route, through further competition, for the appointment of suitably qualified Members for projects requiring expert advice and assurance services in one or more Service Categories, and in respect of one or more Industry Sectors.<br/><br/>The relevant Service Categories and Industry Sectors are as set out in the procurement documents.<br/><br/>The Industry Sectors which NWF is working in may change over time, and NWF therefore reserves the right to add additional Industry Sectors to the DPS during the term of the DPS.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
20 Feb 2025, 16:46 GMT - Submission deadline
23 Apr 2025, 12:00 BST
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
National Wealth Fund Limited
Contracting authority GB-FTS-130682Documents (2)
Official links; attachments are not copied
Related procedures (0)
No related procedures published