Contract notice
Section I: Contracting
authority
I.1) Name and addresses
University of Strathclyde
Learning & Teaching Building, 49 Richmond Street
Glasgow
G1 1XU
UK
Telephone: +44 7811592949
E-mail: ejiro.fajinmi@strath.ac.uk
NUTS: UKM82
Internet address(es)
Main address: http://www.strath.ac.uk/
Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00113
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at:
https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Provision of Investment Banking Training Bootcamp
Reference number: UOS-35864-2025
II.1.2) Main CPV code
80000000
II.1.3) Type of contract
Services
II.1.4) Short description
The University is looking for a long term partner to provide real live investment banking training to our undergraduate and postgraduate students to compliment their academic course in finance and prepare them for future employment in the industry.
II.1.5) Estimated total value
Value excluding VAT:
260 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
80300000
80500000
II.2.3) Place of performance
NUTS code:
UKM82
Main site or place of performance:
Glasgow
II.2.4) Description of the procurement
We are looking for a long-term partner to provide real live investment banking training to our UG and PGT students to complement their academic courses in finance and prepare them for future employment in the industry.
The provider needs to be able to deliver a week-long intensive training programme (namely, the “boot-camp”) that can be accessed by students remotely and/or via existing on-campus facilities; this would be expected to be delivered during week 0 of semester 2 each year (in January for each academic year).
They also need to provide appropriate pre-boot camp information sessions (ideally Oct/Nov in semester 1 of each year) and preparatory materials/asynchronous online sessions. During the boot camp the provider should cover a combination of contemporary theory (e.g. corporate finance, behavioural finance, capital markets) and practical application via trading simulation and offer participants assessment of and feedback on their performance.
Topics we envisage being covered include asset management, buy and sell side transactions, IPOs and experience of a live financial trading environment. The boot camp should include careers advice and co-ordinate on this with the university’s careers service. We further expect the provider to include post-boot camp feedback to students about their performance as well as pastoral care for participants to allow them to maximise the impact of their experience when seeking employment.
The boot camp should be a self-contained activity that will sit alongside a student’s finance courses at Strathclyde and be open to both UG and PGT students on a voluntary basis, we expect 200-300 students to take part each year. There should be no charges/fees for participating students other than those ordinarily incurred for attending on campus (e.g. travel) or for remote access (e.g. internet access). We expect the provider to issue students who successfully complete the boot camp with a recognised qualification, e.g. a Level 5 Diploma in Trading and Financial Market Analysis - accredited by the London Institute of Banking and Finance, which will benefit students’ CVs and their employability skills.
II.2.5) Award criteria
Criteria below:
Quality criterion: Quality
/ Weighting: 60
Price
/ Weighting:
40
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: Yes
Description of renewals:
The university has provided the contract for an initial duration of 24 months with option for three extension periods each of up to 12 months each. Extensions taken are at the university's discretion.
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.1.2) Economic and financial standing
List and brief description of selection criteria:
4B.1.2
Minimum Turnover
4B.5.1 – 4B.5.3
Minimum level(s) of standards required:
Minimum level(s) of standards required:
4B.1.2
Minimum Turnover
Bidders will be required to have an average yearly turnover of a minimum of 500,000GBP for the last 2 years.
4B.5.1 – 4B.5.3
Minimum level(s) of standards required:
It is a requirement of this contract that bidders can hold or commit to obtain prior to the commencement of any subsequently awarded contract, the types of insurance indicated below
The Contractor shall maintain in force with reputable insurers employer’s liability insurance and public liability insurance in the sum of not less than 10,000,000GBP in respect of any one incident and unlimited as to numbers of claims.
The Contractor shall maintain in force with reputable insurers professional liability insurance in the sum of not less than 2,000,000GBP in respect of any one incident and unlimited as to numbers of claims.
III.1.3) Technical and professional ability
List and brief description of selection criteria:
4C.1.2
For public supply and public service contracts only, please provide relevant examples of supplies and/or services carried out during the last three years as specified in the Contract Notice:
(Examples from both public and/or private sector customers and clients may be provided):
Minimum level(s) of standards required:
Bidders will be required to provide three relevant examples that demonstrate that they have the relevant experience to deliver the services as described in part II.2.4 of the Contract Notice or the relevant section of the Site Notice.
The tenderer must score a minimum of 2 for the above question otherwise their offer may be deemed as not compliant and may not be considered further.
III.2) Conditions related to 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:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2025/S 000-009355
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
23/06/2025
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: 4 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
23/06/2025
Local time: 12:00
Place:
Glasgow
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
Yes
Estimated timing for further notices to be published:
4 to 4.5 years from contract start date.
VI.3) Additional information
For more information see:
http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343
(SC Ref:799497)
The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 29044. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343
(SC Ref:799497)
VI.4) Procedures for review
VI.4.1) Review body
Glasgow Sheriff Court
Glasgow
UK
VI.5) Date of dispatch of this notice
22/05/2025