TD1925 - Due Diligence Services
Details
- Buyer
- Derby City Council
- Supplier(s)
- Inventya Ltd
- Value
- £250,000
- Duration
- 5 years
- Topic
- Financial and insurance services
- Published
- 13 April 2023
- Source
- uk:contracts_finder
Tender description
The requirement is to undertake Due Diligence, primarily for companies accessing Derby Enterprise Growth Fund and Ascend but also available to the Council more widely. Services will include the undertaking of Due Diligence exercises and provision of reports and advice on companies offered (in principle) grant or loan funding prior to funding contracts being signed, reviewed, or amended. Reports are required to provide an external independent view on viability and risk as well as confirmation and validation of State Aid position to ensure all funding is State Aid compliant Contract is due to commence on the 14th April 2023 and expire on 13th April 2026. There is an option to extend for a further 2 years in annual increments. The value of £250,000 is based on the full 5 years. Please note, suppliers wishing to express interest and obtain the documentation, must do so by 15:00 on 26th February 2023. It is recommended that you express interest and obtain the documentation well before this time to allow sufficient time to prepare and submit a comprehensive response. The deadline for returns is 12:00 on 27th February 2023 Please visit the Council's e-tendering system https://www.eastmidstenders.org where you can express interest and obtain the documents, (please note we will only accept expressions of interest through the e-tendering system. Please search for TD1925
Timeline
- Completed: Award published13 April 2023Current notice
- Completed: Award date14 April 2023
- Next: Contract expiry date13 April 2028in 17 months
About the buyer
Derby City Council is a local authority covering the city of Derby, and its corporate procurement service supports buying across the organisation. Derby draws on framework agreements through the Eastern Shires Purchasing Organisation and the Crown Commercial Service. Lower-value requirements can be sourced directly through quotations obtained by council officers. Buyer and supplier events give the procurement team a way to engage the market before a tender is published.
Over the past 5 years, most of Derby City Council's contract awards have been in education and training, construction work and business services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@derby-city-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@derby-city-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@derby-city-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@derby-city-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@derby-city-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@derby-city-council.gov |
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