Closed tender

Due Diligence Framework Agreement Lot 3 - Tax Diligence

Details

Value
£1,000,000
Topic
Investment banking services and related services
Published
27 October 2023
Submission
30 November 2023

Tender description

We are a mission-led development investment bank for Scotland, wholly owned by the Scottish Ministers on behalf of the people of Scotland. We have been established to operate commercially and are operationally independent from government. We invest in Scottish business, projects, and communities to deliver environment, social and financial returns for the people of Scotland. Our missions are at the heart of everything that we do. You can find out more about the Bank and our missions at our website www.thebank.scot. The Bank are setting up a Framework Agreement to undertake Due Diligence on potential investments which we are considering making. The framework will offer the Bank an efficient, cost-effective, and streamlined approach for procuring external support and expertise to assist reactive and consistent delivery of Due Diligence as it is required. The requirements are split into four Lots: Lot 1 - Financial Diligence Lot 2 – Model Audit Lot 3 – Tax diligence Lot 4 – Company Valuations This particular Contract notice and tender exercise relates to Lot 3 - Tax Diligence. Bidders who are interested in bidding for any of the other Framework Lots can do so by locating the respective PCS notices, all published on the same date. The Bank are setting up a Framework Agreement to undertake Due Diligence on potential investments which we are considering making. The framework will offer the Bank an efficient, cost-effective, and streamlined approach for procuring external support and expertise to assist reactive and consistent delivery of Due Diligence as it is required. The requirements are split into four Lots: Lot 1 - Financial Diligence Lot 2 – Model Audit Lot 3 – Tax diligence Lot 4 – Company Valuations This particular tender exercise relates to Lot 3 - Tax Diligence. Bidders who are interested in bidding for any of the other Framework Lots can do so by locating the respective PCS notices, which were all published on the same date with.

Timeline

  1. Completed: Tender published27 October 2023
    Current notice
  2. Completed: Submission date30 November 2023

About the buyer

Scottish National Investment Bank is a development investment bank, set up and funded by Scottish Ministers as a public limited company. A dedicated procurement team applies a formal procurement policy. That policy tests goods and services for value for money. Legal work has often been awarded directly through Government Commercial Agency frameworks. The Bank has also set up its own due diligence framework of pre-qualified suppliers. An annual procurement report is published each year.

Over the past 5 years, most of Scottish National Investment Bank's contract awards have been in business services, financial and insurance services and IT services.

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