RFP QuestBeta
Awarded · ResultStage · contract

UK SHARED BUSINESS SERVICES LIMITED

PS21184 Commercial Due Diligence of Grant Application

Financial ServicesCPV 66171000 79210000 79412000
Value£35k
Awarded28 Sept 2021
Published17 Jan 2022
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£35ktotal contract value
median £150k
this tender£0£4.7m

This sits below the typical range for Financial & Insurance Services contracts — a smaller, more accessible award. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The final date and time for the submission of bids is 28th September 2021 at 14:00 DO NOT apply directly to the buyer.

All tender information MUST be submitted through the Delta eSourcing Portal.

Brief Description of Requirement We require the services of a specialist supplier with extensive skills, knowledge and expertise in relation to the steel industry to conduct a specialist commercial due diligence of a very significant grant application for a company in the UK.

The supplier will be required to evaluate assumptions made in the company's business plan before we can finalise the grant award.

Scope of Work The supplier will have to demonstrate extensive expertise and knowledge of the steel sector and utilise this in evaluating and critically assessing the credibility of the commercial aspects of the company Business Plan ('BP') against future steel supply and demand expectations in the UK and key export markets, including, but not limited to: • Overview of the supply and demand outlook for each product category referenced in the BP; • Assessment of the BP sales volume, price realisation and market share projections in each major product category set against the market outlook; • Assessment of the impact of the current steel tariff/safeguard regime may have on the company's exports; • Setting a RAG rating against the long-term projections for each product category; • Suggesting an alternative range of commercial outcomes (volume, price, margin) for each product category where the BP projections are considered unrealistic or aggressive.

PLEASE NOTE: the supplier will have to demonstrate extensive skills and expertise in relation to understanding and analysing the steel market specifically.

This piece of work requires extensive knowledge of the steel industry in order to provide credible assessment of the above scope items.

Reliance Basis It is essential that the final report be provided on a reliance basis.

This reliance basis must be provided on the basis that the full due diligence provider can use the report in their assessment of the company's grant application.

This reliance basis must be included in the quoted price.

This contract will be awarded based on the evaluation criteria as set out in the ITQ document.

How to Apply UK Shared Business Services Ltd (UK SBS) will be using the Delta eSourcing Portal for this procurement.

To register on the Delta eSourcing portal please use the link https://www.delta-esourcing.com/ and follow the instructions to register.

If you are already registered on the Delta eSourcing Portal and wish to participate in this procurement, please use the link: https://www.delta-esourcing.com/ and the follow the instructions to 'Log in' Once you are logged into the system you will be able to link yourself into this procurement using the Access Code: 85N727Y58R

Key requirements

What the supplier must deliver

01

All tender information MUST be submitted through

All tender information MUST be submitted through the Delta eSourcing Portal.

02

The supplier will be required to evaluate

The supplier will be required to evaluate assumptions made in the company's business plan before we can finalise the grant award.

03

Overview of the supply and demand outlook

Overview of the supply and demand outlook for each product category referenced in the BP;.

04

This piece of work requires extensive knowledge

This piece of work requires extensive knowledge of the steel industry in order to provide credible assessment of the above scope items.

05

This reliance basis must be provided on

This reliance basis must be provided on the basis that the full due diligence provider can use the report in their assessment of the company's grant application.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
01a7749f-71dc-4815-bc16-21034ea8a972
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
PS21184 Commercial Due Diligence of Grant Application
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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