Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Private Infrastructure Development Group
6 Bevis Marks
London
EC3A 7BA
UK
Contact person: Mr Jeffrey Bunting
Telephone: +44 7760474155
E-mail: jeffrey.bunting@pidg.org
NUTS: UKI31
Internet address(es)
Main address: www.pidg.org
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
www.pidg.org
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Other: Body funded by government
I.5) Main activity
Other: Funding infrastructure in developing areas
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Valuation Services
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
In brief the services required are to provide valuation services to assess the value of a (notional) equity holding in PIDG Companies by the Department for International Development (‘DFID’).
II.1.5) Estimated total value
Value excluding VAT:
300 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
66171000
66122000
II.2.3) Place of performance
NUTS code:
UKI31
UKI32
II.2.4) Description of the procurement
Provide valuation services concerning the notional holding in PIDG Companies by the Department for International Development (‘DFID’). Valuations to coincide with the financial year of DFID (April-March).
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
300 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 36
This contract is subject to renewal: Yes
Description of renewals:
Option to extend for 24 months.
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
Demonstrable Experience of Company Valuations Based on Reported Financial Performance
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
07/08/2020
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 6 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
07/08/2020
Local time: 12:01
Place:
PIDG Ltd offices.
Information about authorised persons and opening procedure:
Mr Jeffrey Bunting; Mr Mike Chilton.
Tenders to be opened and receipt recorded in a single sitting after the opening time
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.4) Procedures for review
VI.4.1) Review body
The High Court of Justice
The Strand
London
WC2A 2LL
UK
Internet address(es)
URL: https://www.judiciary.gov.uk/
VI.5) Date of dispatch of this notice
03/07/2020