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Contract Notice

Due Diligence Services

  • First published: 23 September 2020
  • Last modified: 23 September 2020
  • This file may not be fully accessible.

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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)

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Contents

Summary

OCID:
Published by:
South of Scotland Enterprise Agency
Authority ID:
AA79934
Publication date:
23 September 2020
Deadline date:
27 October 2020
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Provide financial and business related due diligence services to SME's within the South of Scotland area.

Types of support will include, but are not limited to:

— financial reviews;

— strategic business reviews;

— investor ready business plans;

— assessing investor proposals;

— distress situations;

— R&D/innovation — technical assessments/R&D tax assessments; and

— general technical assessments.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

South of Scotland Enterprise Agency

Carmont House, The Crichton, Bankend Road

Dumfries

DG1 4TA

UK

Contact person: Stuart Paterson

Telephone: +44 1750535901

E-mail: stuart.paterson@sose.scot

NUTS: UK

Internet address(es)

Main address: https://www.southofscotlandenterprise.com/

Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA30448

I.3) Communication

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

www.publiccontractsscotland.gov.uk


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

www.publiccontractsscotland.gov.uk


I.4) Type of the contracting authority

Regional or local agency/office

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Due Diligence Services

Reference number: SOSE018

II.1.2) Main CPV code

66171000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The South of Scotland Enterprise Agency are undertaking a tender process to identify and appoint a ranked framework contract service provider(s) of financial and business-related due diligence services for SME’s within the South of Scotland (Scottish Borders and Dumfries and Galloway) area.

II.1.5) Estimated total value

Value excluding VAT: 400 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

II.2) Description

Lot No: 1

II.2.1) Title

Scottish Borders Area

II.2.2) Additional CPV code(s)

72221000

79211000

79411100

79412000

II.2.3) Place of performance

NUTS code:

UKM91

II.2.4) Description of the procurement

Provide financial and business related due diligence services to SME's within the South of Scotland area.

Types of support will include, but are not limited to:

— financial reviews;

— strategic business reviews;

— investor ready business plans;

— assessing investor proposals;

— distress situations;

— R&D/Innovation — technical assessments/R&D tax assessments; and

— general technical assessments.

II.2.5) Award criteria

Criteria below:

Quality criterion: Cyber Security / Weighting: Pass/Fail

Quality criterion: Technical / Weighting: 70

Price / Weighting:  30

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 a 12-month extension.

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

Lot No: 2

II.2.1) Title

Dumfries and Galloway Area

II.2.2) Additional CPV code(s)

72221000

79211000

79411100

79412000

II.2.3) Place of performance

NUTS code:

UKM92

II.2.4) Description of the procurement

Provide financial and business related due diligence services to SME's within the South of Scotland area.

Types of support will include, but are not limited to:

— financial reviews;

— strategic business reviews;

— investor ready business plans;

— assessing investor proposals;

— distress situations;

— R&D/innovation — technical assessments/R&D tax assessments; and

— general technical assessments.

II.2.5) Award criteria

Criteria below:

Quality criterion: Cyber Security / Weighting: Pass/Fail

Quality criterion: Technical / Weighting: 70

Price / Weighting:  30

II.2.6) Estimated value

Value excluding VAT: 400 000.00  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 a further 12-month period.

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:

List and brief description of selection criteria:

4B.6 (not scored)

SOSE as a public body must comply with HMRC IR35 provisions. Therefore, where you are bidding as a personal service company (PSC) or will be using a personal service company to provide services under the framework please identify these PSC (s) in your response to 4B.6.

Minimum level(s) of standards required:

4B.5 It is a requirement of this framework that bidders hold, or can commit to obtain prior to the commence of any subsequently awarded framework, the types and levels of insurance indicated below:

Professional risk indemnity insurance = GBP 1 000 000 for each and every claim (although a lower level may be accepted)

Employer’s (compulsory) liability insurance = GBP 5 000 000 for each and every claim (see http://www.hse.gov.uk/pubns/hse40.pdf)

Public liability insurance = GBP 1 000 000 for each and every claim.


III.2) Conditions related to the contract

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement with several operators.

Envisaged maximum number of participants to the framework agreement: 2

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: 27/10/2020

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

Tender must be valid until: 27/04/2021

IV.2.7) Conditions for opening of tenders

Date: 27/10/2020

Local time: 12:00

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: Yes

Estimated timing for further notices to be published:

SOSE reserves the right to re-tender for these services upon termination of the framework or at the end of the framework period, including any extension period.

VI.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

VI.3) Additional information

In order to participate, bidders should register, for free, on the PCS website (www.publiccontractsscotland.gov.uk), and record their interest in this contract and download and complete all relevant documentation.

Tenders must be submitted via the PCS postbox and must be received by the published deadline. Late tenders will not be accepted. SOSE will reject any submissions received after the deadline. Email or hard copy responses will not be accepted.

PCS also gives bidders access to a question and answer facility which allows queries to be submitted (anonymously), and answers published and shared with all potential bidders.

This framework will be non-exclusive i.e. SOSE reserves the right, in certain circumstances, to procure out with the framework as and when required.

Note: to register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=621022.

The buyer has indicated that it will accept electronic responses to this notice via the postbox facility. A user guide is available at http://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx.

Note: to register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=624972.

The buyer has indicated that it will accept electronic responses to this notice via the postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx.

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361

A summary of the expected community benefits has been provided as follows:

Fair work practices will be reviewed as part of this tender process.

(SC Ref:624972)

Download the ESPD document here: https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=624972

VI.4) Procedures for review

VI.4.1) Review body

Dumfries Sheriff Court

Buccleuch St

Dumfries

DG1 2AN

UK

Telephone: +44 1387262334

VI.4.2) Body responsible for mediation procedures

Scottish Government Single Point of Enquiry

Procurement and Commercial Division, 7th Floor, 5 Atlantic Quay, 150 Broomielaw

Glasgow

G2 8LU

UK

Telephone: +44 1412425466

E-mail: SPOEprocurement@scotland.gsi.gov.uk

Internet address(es)

URL: www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries

VI.5) Date of dispatch of this notice

18/09/2020

Coding

Commodity categories

ID Title Parent category
79211000 Accounting services Accounting and auditing services
72221000 Business analysis consultancy services Systems and technical consultancy services
79411100 Business development consultancy services General management consultancy services
66171000 Financial consultancy services Financial consultancy, financial transaction processing and clearing-house services
79412000 Financial management consultancy services Business and management consultancy 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:
stuart.paterson@sose.scot
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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