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Contract Award Notice

Investment Support Services

  • First published: 15 October 2019
  • Last modified: 15 October 2019
  • Version: N/A
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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:
Published by:
Department for International Trade
Authority ID:
AA58826
Publication date:
15 October 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Department for International Trade is seeking a strategic partner to deliver the Government's ambitious Foreign Direct Investment (FDI) agenda.

The successful bidder will be central to DIT's investment services and a partner in shaping their future. This contract represents a once-in-a-decade opportunity to transform our Foreign Direct Investment (FDI) operations, enhancing DIT's position from one of the world's most respected investment promotion agencies to being the most sophisticated investment promotion agency in the world in terms of targeting support where it adds greatest economic value to the UK. This will require expertise, innovation, entrepreneurial spirit and operational excellence.

To achieve this, we will ask the successful bidder to conduct an operational review within the first 3 months of the contract and institute strategic forums to develop opportunities to drive innovation through DIT's investment services. Our partnership we will forge a mutually beneficial relationship that builds on each other's capabilities; this will be underpinned by the successful bidder's core operational capability for delivering the service, and fully draw upon their global network and expertise in international investment.

The successful bidder's responsibilities will range from gathering business intelligence and conducting market research to inform DIT priorities, to coordinating project teams delivering end-to-end support to individual investors, to managing key relationships with investors in a way that encourages growth of their activities within the UK. In this way we aim to work alongside the provider to deliver comprehensive, holistic support that Government is uniquely placed to provide.

Against the backdrop of a global landscape is ever more competitive it will be increasingly important for Governments' support for foreign investment to be efficient, relevant and value-adding for both investors and HMG. Given the critical role within our operations, business continuity will of course be important. Nevertheless, to fulfil Government's stretching ambitions for foreign investment we will need the supplier to be ambitious in their approach and able to act quickly as a result of findings from the operational review.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Department for International Trade

Department for International Trade, 3, Whitehall Place

London

SW1A 2AW

UK

Contact person: Ms Sophie Pleterski

E-mail: sophie.pleterski@trade.gov.uk

NUTS: UK

Internet address(es)

Main address: https://www.gov.uk/government/organisations/uk-trade-investment

Address of the buyer profile: https://www.gov.uk/government/organisations/uk-trade-investment

I.2) Joint procurement

The contract is awarded by a central purchasing body

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

Investment Support Services

Reference number: DN261347

II.1.2) Main CPV code

79400000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Department for International Trade is seeking a strategic partner to deliver the Government's ambitious Foreign Direct Investment (FDI) agenda.

The successful bidder will be central to DIT's investment services and a partner in shaping the future. This contract represents a significant opportunity to transform our FDI operations into being the most sophisticated investment promotion agency in the world in terms of targeting support where it adds greatest economic value to the UK. This will require innovation, entrepreneurial spirit and operational excellence.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 50 000 000.00  GBP

II.2) Description

II.2.2) Additional CPV code(s)

79900000

79400000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

The Department for International Trade is seeking a strategic partner to deliver the Government's ambitious Foreign Direct Investment (FDI) agenda.

The successful bidder will be central to DIT's investment services and a partner in shaping their future. This contract represents a once-in-a-decade opportunity to transform our Foreign Direct Investment (FDI) operations, enhancing DIT's position from one of the world's most respected investment promotion agencies to being the most sophisticated investment promotion agency in the world in terms of targeting support where it adds greatest economic value to the UK. This will require expertise, innovation, entrepreneurial spirit and operational excellence.

To achieve this, we will ask the successful bidder to conduct an operational review within the first 3 months of the contract and institute strategic forums to develop opportunities to drive innovation through DIT's investment services. Our partnership we will forge a mutually beneficial relationship that builds on each other's capabilities; this will be underpinned by the successful bidder's core operational capability for delivering the service, and fully draw upon their global network and expertise in international investment.

The successful bidder's responsibilities will range from gathering business intelligence and conducting market research to inform DIT priorities, to coordinating project teams delivering end-to-end support to individual investors, to managing key relationships with investors in a way that encourages growth of their activities within the UK. In this way we aim to work alongside the provider to deliver comprehensive, holistic support that Government is uniquely placed to provide.

Against the backdrop of a global landscape is ever more competitive it will be increasingly important for Governments' support for foreign investment to be efficient, relevant and value-adding for both investors and HMG. Given the critical role within our operations, business continuity will of course be important. Nevertheless, to fulfil Government's stretching ambitions for foreign investment we will need the supplier to be ambitious in their approach and able to act quickly as a result of findings from the operational review.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 80

Price / Weighting:  20

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 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:

2017/S 209-433556

IV.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice

Section V: Award of contract

Title: The Supply of UK Investment Support Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

20/08/2018

V.2.2) Information about tenders

Number of tenders received: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Ernst and Young

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 50 000 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Department for International Trade

London

UK

VI.5) Date of dispatch of this notice

10/10/2019

Coding

Commodity categories

ID Title Parent category
79400000 Business and management consultancy and related services Business services: law, marketing, consulting, recruitment, printing and security
79900000 Miscellaneous business and business-related services Business services: law, marketing, consulting, recruitment, printing and security

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:
sophie.pleterski@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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