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Contract Notice

Future Investment Support Services

  • First published: 09 November 2022
  • Last modified: 09 November 2022

The buyer is not using this website to administer the notice.

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-h6vhtk-038036
Published by:
Department for International Trade
Authority ID:
AA58826
Publication date:
09 November 2022
Deadline date:
12 December 2022
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

DIT is looking to procure the following six categories of services, many of which are currently provided by an outsourced provider. Bids from potential suppliers are expected to include the following service requirements; however, we invite bidders to offer creative solutions when seeking to meet these requirements. The estimated value is £9,000,000 - 11,000,000 for the whole duration of the contract (including two optional extension periods of up to 12 months each). Contract award is expected to be made in Q4 FY22/23.

1. Training: DIT requires a service that provides a high-quality and engaging learning and development (L&D) programme to DIT investment staff in the UK and overseas, enabling them to deliver on DIT investment priorities more effectively. This L&D programme will build staff’s investment knowledge, develop their investment promotion and account management skills and share best practice from within DIT but also other investment promotion agencies.

2. Research and analysis: DIT requires material to address specific knowledge gaps which exist within the department’s network. The information requested will often be highly specific and require sector and/or regional expertise, examples could include the AgriTech sector in Wales or aquafarming in the South West.

3. Client-facing support material: DIT requires support material for client-facing teams across its network to manage investment prospects both domestically and internationally. This material will contain packaged client pitches or ‘propositions’ and investor-facing content to allow teams to present opportunities to prospective investors on a particular region, economic cluster, or sector as well as opportunities relating to capital investments and freeports. The volumes required will vary depending on the needs of the network at any given time.

4. Market insights: DIT requires a service which allows it to keep abreast of industry trends to influence prioritisation of our promotion efforts. This will require a granular and intelligent approach to tracking data, with an emphasis on industry information that provides early signalling of trends as well as the longer-term macroeconomic analyses typical in ‘pure’ policy making.

5. Modelling and benchmarking tools: DIT requires a suite of information tools to allow its staff to produce reports highlighting the potential of the UK as an investment destination. These will include financial modelling and benchmarking tools which are able to compare indicative financial performances of investments projects across a range of investments locations.

6. Target generation: DIT requires a service which generates FDI leads for its network staff both domestically and overseas. Other services provided by the supplier may also generate leads for this service.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Department for International Trade

Old Admiralty Building SW1A 2DY

London

UK

E-mail: commercialbpo@trade.gov.uk

NUTS: UK

Internet address(es)

Main address: https://www.gov.uk/government/organisations/department-for-international-trade

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://uktrade.app.jaggaer.com/


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://uktrade.app.jaggaer.com/


Tenders or requests to participate must be sent to the abovementioned address


I.4) Type of the contracting authority

Ministry or any other national or federal authority, including their regional or local subdivisions

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Future Investment Support Services

II.1.2) Main CPV code

79990000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Department for International Trade (DIT) has the objective of creating a UK that leads the way on achieving fair global trading, drives economic growth and improves the living standards in the country and around the world. We will deliver that through attracting and retaining inward investment, promoting exports and delivering new trade deals.

Our vision for Investment is to transform DIT into one of the world’s most capable and respected investment promotion agencies, best placed to deliver high-value inward investment in support of the Government’s economic ambitions including innovation, net zero and levelling up. We will achieve this through optimising our support to high-value, high impact investors, whilst growing effective and efficient services across all investor categories.

DIT is seeking a service provider to help us improve our ability to target and support high-value investment, and to supplement what we know from our interactions with businesses with external intelligence, to inform policy making on enhancing the attractiveness of the UK investment environment. This will involve delivering business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors. This will require expertise, innovation, operational excellence and a commitment from the provider to deliver in the national interest.

The successful bidder will help DIT maintain its position as one of the world’s preeminent investment promotion organisations. They will provide support that will increase the credibility and impact of our investor interactions—and help us secure higher levels of inward investment benefiting all regions and nations of the UK.

II.1.5) Estimated total value

Value excluding VAT: 11 000 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

DIT is looking to procure the following six categories of services, many of which are currently provided by an outsourced provider. Bids from potential suppliers are expected to include the following service requirements; however, we invite bidders to offer creative solutions when seeking to meet these requirements. The estimated value is £9,000,000 - 11,000,000 for the whole duration of the contract (including two optional extension periods of up to 12 months each). Contract award is expected to be made in Q4 FY22/23.

1. Training: DIT requires a service that provides a high-quality and engaging learning and development (L&D) programme to DIT investment staff in the UK and overseas, enabling them to deliver on DIT investment priorities more effectively. This L&D programme will build staff’s investment knowledge, develop their investment promotion and account management skills and share best practice from within DIT but also other investment promotion agencies.

2. Research and analysis: DIT requires material to address specific knowledge gaps which exist within the department’s network. The information requested will often be highly specific and require sector and/or regional expertise, examples could include the AgriTech sector in Wales or aquafarming in the South West.

3. Client-facing support material: DIT requires support material for client-facing teams across its network to manage investment prospects both domestically and internationally. This material will contain packaged client pitches or ‘propositions’ and investor-facing content to allow teams to present opportunities to prospective investors on a particular region, economic cluster, or sector as well as opportunities relating to capital investments and freeports. The volumes required will vary depending on the needs of the network at any given time.

4. Market insights: DIT requires a service which allows it to keep abreast of industry trends to influence prioritisation of our promotion efforts. This will require a granular and intelligent approach to tracking data, with an emphasis on industry information that provides early signalling of trends as well as the longer-term macroeconomic analyses typical in ‘pure’ policy making.

5. Modelling and benchmarking tools: DIT requires a suite of information tools to allow its staff to produce reports highlighting the potential of the UK as an investment destination. These will include financial modelling and benchmarking tools which are able to compare indicative financial performances of investments projects across a range of investments locations.

6. Target generation: DIT requires a service which generates FDI leads for its network staff both domestically and overseas. Other services provided by the supplier may also generate leads for this service.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

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:

3 year initial term with two optional extension periods of up to 12 months each

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

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

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.2.2) Time limit for receipt of tenders or requests to participate

Date: 12/12/2022

Local time: 16:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.7) Conditions for opening of tenders

Date: 12/12/2022

Local time: 16:01

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

Department for International Trade

London

SW1A 2DY

UK

VI.5) Date of dispatch of this notice

08/11/2022

Coding

Commodity categories

ID Title Parent category
79990000 Miscellaneous business-related services Miscellaneous business and business-related services

Delivery locations

ID Description
100 UK - All

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:
commercialbpo@trade.gov.uk
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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