UK SBS BLOJEU-CR150052BIS External Market & Technical Advice for an Investment Decision

Description

The Civil Aerospace unit sits within the Business and Local Growth group in BIS. The unit’s role is to support the growth and competitiveness of the UK’s aerospace sector. Other teams from BIS will also be actively involved in this project. The tender exercise is to seek an external advisor to support the work of the BIS Civil Aerospace team, who are responsible for providing risk-sharing investments with the aerospace industry for part-funding the design and development of new aerospace products. This risk-sharing investment is known as Repayable Launch Investment (RLI). The reason for the tender is that the BIS Civil Aerospace team are conducting a review of their investments and an external advisor is desired to provide an outside perspective to the investment portfolio as well as support work being carried out by internal analysts. It is important that BIS receives advice from a firm with specialist knowledge of the aerospace sector so that BIS obtains a qualified independent view that, alongside its own view, can make sound judgements on protecting and getting value for money on its investment. BIS requires the external advisors to provide aircraft market analysis for a range of large commercial aircraft, as well as technical analysis of the performance and competitiveness of these aircraft to support our internal project.