Due Diligence Framework Agreement Lot 4 - Company Valuations

  • Scottish National Investment Bank

F14: Notice for changes or additional information

Notice identifier: 2023/S 000-034772

Procurement identifier (OCID): ocds-h6vhtk-040f95

Published 24 November 2023, 11:03am



Section one: Contracting authority/entity

one.1) Name and addresses

Scottish National Investment Bank

1-North, Waverley Gate, 2-4 Waterloo Place

Edinburgh

EH1 3EG

Email

procurement@thebank.scot

Telephone

+44 7776549095

Country

United Kingdom

NUTS code

UKM75 - Edinburgh, City of

Internet address(es)

Main address

http://www.thebank.scot

Buyer's address

https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA30487


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Due Diligence Framework Agreement Lot 4 - Company Valuations

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

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 4 - Company valuations.

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.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2023/S 000-031768


Section seven. Changes

seven.1) Information to be changed or added

seven.1.2) Text to be corrected in the original notice

Section number

IV.2.2

Place of text to be modified

Time limit

Instead of
Date

30 November 2023

Local time

1:00pm

Read
Date

6 December 2023

Local time

1:00pm

Section number

IV.2.7

Place of text to be modified

Conditions for opening of tenders

Instead of
Date

30 November 2023

Local time

2:00pm

Read
Date

6 December 2023

Local time

1:30pm

seven.2) Other additional information

This is a deadline change for LOT 4 only. All other Lots are unchanged. We have received some questions related to Lot 4 which were submitted via another Lot. We also have some outstanding queries which we will respond to by the 29.11.2023. For this reason we will extend the deadline for submissions to allow time to review the questions and answers specific to Lot 4 only.