Section one: Contracting authority
one.1) Name and addresses
West Midlands Combined Authority
16 Summer Lane
Birmingham
B19 3SD
Telephone
+44 3453036760
Country
United Kingdom
Region code
UKG - West Midlands (England)
Internet address(es)
Main address
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
UKSPF Business Support Investment Readiness Programme
two.1.2) Main CPV code
- 66171000 - Financial consultancy services
two.1.3) Type of contract
Services
two.1.4) Short description
The West Midlands (WM) Investment Readiness programme aims to address demand-side weaknesses in Small to Medium Enterprises (SME) access to external finance in the West Midlands. They are usually focused on equity finance (i.e. raising capital in exchange for an ownership share), but local programmes in England have also covered debt finance (e.g. applying for bank loans). The WM Investment Readiness Programme will include both equity and debt finance which will support the growth and scale up plans of the WM SMEs.
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £2,200,000
two.2) Description
two.2.1) Title
Lot No
1
two.2.2) Additional CPV code(s)
- 66171000 - Financial consultancy services
two.2.3) Place of performance
NUTS codes
- UKG31 - Birmingham
- UKG32 - Solihull
two.2.4) Description of the procurement
Birmingham & Solihull
two.2.5) Award criteria
Quality criterion - Name: Technical / Weighting: 80
Quality criterion - Name: Commercial (Price) / Weighting: 20
Price - Weighting: 100
two.2.11) Information about options
Options: Yes
Description of options
3 x 1 year options
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2) Description
two.2.1) Title
Lot No
2
two.2.2) Additional CPV code(s)
- 66171000 - Financial consultancy services
two.2.3) Place of performance
NUTS codes
- UKG36 - Dudley
- UKG37 - Sandwell
- UKG38 - Walsall
- UKG39 - Wolverhampton
two.2.4) Description of the procurement
Black Country
two.2.5) Award criteria
Quality criterion - Name: Technical / Weighting: 80
Quality criterion - Name: Commercial (Price) / Weighting: 20
Price - Weighting: 100
two.2.11) Information about options
Options: Yes
Description of options
3 x 1 year options
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2) Description
two.2.1) Title
Lot No
3
two.2.2) Additional CPV code(s)
- 66171000 - Financial consultancy services
two.2.3) Place of performance
NUTS codes
- UKG33 - Coventry
two.2.4) Description of the procurement
Coventry
two.2.5) Award criteria
Quality criterion - Name: Technical / Weighting: 80
Quality criterion - Name: Commercial (Price) / Weighting: 20
Price - Weighting: 100
two.2.11) Information about options
Options: Yes
Description of options
3 x 1 year options
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 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: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-004117
Section five. Award of contract
Contract No
04413-2022
Lot No
1
Title
UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
13 March 2023
five.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Oxford Innovation Services Ltd
Oxford
Country
United Kingdom
NUTS code
- UKJ14 - Oxfordshire
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,149,750
Section five. Award of contract
Contract No
04413-2022
Lot No
2
Title
UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
13 March 2023
five.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Oxford Innovation Services Ltd
Oxford
Country
United Kingdom
NUTS code
- UKJ14 - Oxfordshire
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £768,717
Section five. Award of contract
Contract No
04413-2022
Lot No
3
Title
UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
13 March 2023
five.2.2) Information about tenders
Number of tenders received: 7
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Growth Hub Business Solutions Ltd
Coventry
Country
United Kingdom
NUTS code
- UKG33 - Coventry
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £281,533
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
West Midlands Combined Authority
Birmingham
Country
United Kingdom