Section one: Contracting authority
one.1) Name and addresses
NORTH EAST FINANCE (HOLDCO) LIMITED
Gateshead
Contact
James Arkless
Telephone
+44 1914998552
Country
United Kingdom
Region code
UKC - North East (England)
Companies House
07000577
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
COPORATE FINANCE ADVISORY SERVICE
Reference number
NEF2023.001A
two.1.2) Main CPV code
- 66140000 - Portfolio management services
two.1.3) Type of contract
Services
two.1.4) Short description
Provision of corporate finance advisory services
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Lowest offer: £200,000 / Highest offer: £400,000 taken into consideration
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKC - North East (England)
two.2.4) Description of the procurement
Corporate finance advice on realisation/ disposal of portfolio assets
two.2.5) Award criteria
Quality criterion - Name: Specialist expertise / Weighting: 25
Quality criterion - Name: Track record / Weighting: 25
Quality criterion - Name: Ability to deliver high quality service / Weighting: 25
Price - Weighting: 25
two.2.11) Information about options
Options: Yes
Description of options
Three year contract with option to extend to four years
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-009767
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
8 June 2023
five.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Azets Holdings Limited
Newcastle upon Tyne
Country
United Kingdom
NUTS code
- UKC - North East (England)
Companies House
06365189
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Lowest offer: £100,000 / Highest offer: £400,000 taken into consideration
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
8 June 2023
five.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
KBL Advisory Limited
Sale
Country
United Kingdom
NUTS code
- UKC - North East (England)
Companies House
12140114
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Lowest offer: £100,000 / Highest offer: £400,000 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
N/A
Gateshead
Country
United Kingdom