Section one: Contracting authority
one.1) Name and addresses
National Wealth Fund Limited
2 Whitehall Quay, Leeds, LS1 4HR
Leeds
LS1 4HR
Contact
NWF Procurement
procurement@nationalwealthfund.org.uk
Country
United Kingdom
Region code
UK - United Kingdom
National registration number
Companies House 06816271
Internet address(es)
Main address
https://www.nationalwealthfund.org.uk/
Buyer's address
https://atamis-3929.my.site.com/s/Welcome
one.3) Communication
Access to the procurement documents is restricted. Further information can be obtained at
https://atamis-3929.my.site.com/s/Welcome
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://atamis-3929.my.site.com/s/Welcome
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
UKIB DPS for Expert Advice Services v.2
Reference number
C0928
two.1.2) Main CPV code
- 79400000 - Business and management consultancy and related services
two.1.3) Type of contract
Services
two.1.4) Short description
The National Wealth Fund ('NWF') is the UK government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. NWF is partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. NWF seeks to establish a Dynamic Purchasing System (‘DPS’) for the provision of expert advice.
two.1.5) Estimated total value
Value excluding VAT: £4,500,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 71530000 - Construction consultancy services
- 79212000 - Auditing services
- 66171000 - Financial consultancy services
- 71311200 - Transport systems consultancy services
- 66519310 - Insurance consultancy services
- 71311000 - Civil engineering consultancy services
- 71318000 - Advisory and consultative engineering services
- 90713000 - Environmental issues consultancy services
- 79221000 - Tax consultancy services
- 90713100 - Consulting services for water-supply and waste-water other than for construction
- 71621000 - Technical analysis or consultancy services
- 73210000 - Research consultancy services
- 72221000 - Business analysis consultancy services
- 79412000 - Financial management consultancy services
- 90714000 - Environmental auditing
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
It is proposed through this procurement to establish a DPS to provide a tool for the selection and appointment of independent advisors to provide expert advice and assurance. This DPS is intended to replace the existing C0545 Expert Advice Services DPS from the point that the agreement goes live as an equivalent version 2.
NWF requires expert advice and assurance services on its investment into companies relating to green transport, critical minerals, clean energy and grid, water, waste, carbon capture and storage, battery storage and gigafactories, and digital infrastructure amongst other sectors. Independent advisors will provide advice and assurance on topics including the background of the sponsor and counterparties, physical and financial suitability of the project, technology, and the market it operates in.
The outputs of the Services will predominantly be in the form of written reports and/or presentations. This will likely include the provision of red flag reviews, intended to act as initial screening tools to identify aspects of the asset or project that require detailed due diligence focus in subsequent stages, or present critical risks to the project.
The purpose of the DPS is to establish an efficient contracting route, through further competition, for the appointment of suitably qualified Members for projects requiring expert advice and assurance services in one or more Service Categories, and in respect of one or more Industry Sectors.
The relevant Service Categories and Industry Sectors are as set out in the procurement documents.
The Industry Sectors which NWF is working in may change over time, and NWF therefore reserves the right to add additional Industry Sectors to the DPS during the term of the DPS.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
1 June 2025
End date
31 January 2029
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Restricted procedure
four.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the setting up of a dynamic purchasing system
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
23 April 2025
Local time
12:00pm
four.2.3) Estimated date of dispatch of invitations to tender or to participate to selected candidates
24 February 2025
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 6 (from the date stated for receipt of tender)
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
Estimated timing for further notices to be published: 3 years from commencement of DPS
six.2) Information about electronic workflows
Electronic payment will be used
six.3) Additional information
The value provided in Section II.1.5) is only an estimate. The National Wealth Fund (NWF) cannot guarantee to suppliers any business through this DPS. This procurement offering does not guarantee any minimum spend and there will be no form of exclusivity or volume guarantee under this DPS. NWF expressly reserves the right:
(i) not to appoint any suppliers as a result of the procurement process commenced by publication of this notice; and
(ii) to make whatever changes it may see fit to the content and structure of the DPS Application process; and in no circumstances will the NWF be liable for any costs incurred by interested suppliers.
The start date provided in Section II.2.7 is only an estimate, is subject to change and thus the DPS may start earlier or later. Applicants will be kept informed.
Buyers may enter into a contract with a supplier under the DPS for a period of their determining which may exceed the validity period of this DPS. The flexibility of the contracting period allows Buyers to determine appropriate contracting timelines required to enable the supplier to meet their needs.
lnterested suppliers will be able to view the DPS Application Pack via the live opportunities list on NWF's e-procurement system, Atamis. Click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome
Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the DPS Application Pack (including on-line selection questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.
lf you are not already registered on the system, you will need to do so before gaining full access to the DPS Application Pack and being able to submit an application.
six.4) Procedures for review
six.4.1) Review body
The Royal Courts of Justice
Strand
London
WC2A 2LL
Country
United Kingdom