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Contract Award Notice

Investor Ready Programme

  • First published: 01 November 2022
  • Last modified: 01 November 2022
  • Version: N/A
  • Record interest

     

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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-kuma6s-126120
Published by:
Llywodraeth Cymru / Welsh Government
Authority ID:
AA0007
Publication date:
01 November 2022
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The client is awarding a 3 year contract for the Welsh Government's Investor Programmes. The key objective of the Investor Ready programme is to offer accessible and tailored financial expertise and experience to Welsh Food & Drink businesses. The programme aims are to support Welsh Food & Drink businesses in developing robust financials (including financial models to support business strategy, management information systems and range of other financial and commercial advice), enabling those businesses to obtain investment and take informed sustainable business growth decisions. The Investor Ready programme does not replace any statutory financial duties of the supported businesses The key delivery areas of the Investor Ready Programme will be - - Financial Review – assessing the company’s current financial position through the eyes of a would-be investor; - Management Information Improvement – ensuring that the internal information systems are fit for purpose, provide management with a sound basis for decision making and give confidence to would be investors that the company has good financial controls; - Exit Strategy – advising the companies of their options and strategy in successfully transferring the business to new hands; - Investment Selection Guidance – this is reserved for the businesses having immediate and significant investment requirements and involves specialist investment advisers. - Due diligence – review of WG grant award businesses prior to first Claim - Capital Investment project proposals – detailed financial and operational support for projects seeking government and commercial support; development assistance for proposal documents with sign-off to accompany applications for support - Rapid Task Force intervention for businesses in difficulty following referral from Welsh Government Food Division - Referral and support to other Welsh Government Food Division programmes

Full notice text

CONTRACT AWARD NOTICE – NATIONAL

SERVICES

1 Authority Details

1.1

Authority Name and Address


Llywodraeth Cymru / Welsh Government

Gwasanaethau Caffael Corfforaethol / Corporate Procurement Services, Parc Cathays / Cathays Park,

Caerdydd / Cardiff

CF10 3NQ

UK

Corporate Procurement Service

+44 3000257095


http://

2 Contract Details

2.1

Title

Investor Ready Programme

2.2

Description of the contract

The client is awarding a 3 year contract for the Welsh Government's Investor Programmes. The key objective of the Investor Ready programme is to offer accessible and tailored financial expertise and experience to Welsh Food & Drink businesses. The programme aims are to support Welsh Food & Drink businesses in developing robust financials (including financial models to support business strategy, management information systems and range of other financial and commercial advice), enabling those businesses to obtain investment and take informed sustainable business growth decisions. The Investor Ready programme does not replace any statutory financial duties of the supported businesses

The key delivery areas of the Investor Ready Programme will be -

- Financial Review – assessing the company’s current financial position through the eyes of a would-be investor;

- Management Information Improvement – ensuring that the internal information systems are fit for purpose, provide management with a sound basis for decision making and give confidence to would be investors that the company has good financial controls;

- Exit Strategy – advising the companies of their options and strategy in successfully transferring the business to new hands;

- Investment Selection Guidance – this is reserved for the businesses having immediate and significant investment requirements and involves specialist investment advisers.

- Due diligence – review of WG grant award businesses prior to first Claim

- Capital Investment project proposals – detailed financial and operational support for projects seeking government and commercial support; development assistance for proposal documents with sign-off to accompany applications for support

- Rapid Task Force intervention for businesses in difficulty following referral from Welsh Government Food Division

- Referral and support to other Welsh Government Food Division programmes

2.3

Notice Coding and Classification

72221000 Business analysis consultancy services
79410000 Business and management consultancy services
1000 WALES
1010 West Wales and The Valleys
1011 Isle of Anglesey
1012 Gwynedd
1013 Conwy and Denbighshire
1014 South West Wales (Carmarthenshire, Pembrokeshire, Ceredigion)
1015 Central Valleys (Merthyr Tydfil, Rhondda Cynon Taf)
1016 Gwent Valleys (Torfaen, Blaenau Gwent, Caerphilly)
1017 Bridgend and Neath Port Talbot
1018 Swansea
1020 East Wales
1021 Monmouthshire and Newport
1022 Cardiff and Vale of Glamorgan
1023 Flintshire and Wrexham
1024 Powys

2.4

Estimated Total Value

896225 GBP

3 Procedure

3.1

Type of Procedure

Single stage

4 Award of Contract

4.1

Successful Bidders

4.1.1

Name and Address of successful supplier, contractor or service provider





Bic Innovation

M-Sparc, Parc Gwyddoniaeth Menai ,

Gaerwen

LL606AG

UK




www.bic-innovation.com

5 Other Information

5.1

Reference number attributed to the notice by the contracting authority

C277/2021/2022

5.2

Date of Contract Award

 01-11-2022

5.3

Number of tenders received

2

5.4

Other Information

(WA Ref:126120)

5.5

Additional Documentation

N/a

5.6

Publication date of this notice:

 01-11-2022

Coding

Commodity categories

ID Title Parent category
72221000 Business analysis consultancy services Systems and technical consultancy services
79410000 Business and management consultancy services Business and management consultancy and related services

Delivery locations

ID Description
1017 Bridgend and Neath Port Talbot
1022 Cardiff and Vale of Glamorgan
1015 Central Valleys (Merthyr Tydfil, Rhondda Cynon Taf)
1013 Conwy and Denbighshire
1020 East Wales
1023 Flintshire and Wrexham
1016 Gwent Valleys (Torfaen, Blaenau Gwent, Caerphilly)
1012 Gwynedd
1011 Isle of Anglesey
1021 Monmouthshire and Newport
1024 Powys
1014 South West Wales (Carmarthenshire, Pembrokeshire, Ceredigion)
1018 Swansea
1000 WALES
1010 West Wales and The Valleys

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
N/a
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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