RFP QuestBeta
ClosedStage · preprocurement

DEPARTMENT FOR INTERNATIONAL TRADE

Investor/Company Background Check Service

Business ServicesCPV 79000000
ValueValue not published
Deadline19 Sept 2019
Published17 Sept 2019
RegionUK-wide
Timeline
Published 17 Sept 2019ClosedCloses 19 Sept 2019
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The brief

The Growth Capital team requires a supplier to carry out background checks on international investors in order to introduce international investors to UK investment opportunities.

These background checks will allow us to continue working with these investors whilst managing risk and upholding Civil Service standards.

The objective of this procurement is to support the Growth Capital team in bringing investment into the UK whilst ensuring that this investment is from economically and politically reputable sources.

The checks should provide an independent assessment of individual investors, ensuring that the programme's resources are focused on reputable investors who will add value to the UK economy.

This not only protects HMG's reputation by significantly reducing the risk of working with questionable investors, but also supports the economic transparency of the UK, ensuring money subject to scrutiny is not brought into the UK by accident through Government-led investment deals.

Our current estimations are that the budget for this requirement will be between £90,000 and £100,000.

Please review the attached Draft Specification of Requirements and express your interest by email to Alistair.Goldspink@trade.gov.uk by 12pm on Friday 20th September.

In particular, we would like to know whether suppliers view the estimated budget as sufficient for the suggested deliverables.

Please limit any attached written responses to 1 side of A4 in 11pt text.

We look forward to hearing from you.

Key requirements

What the supplier must deliver

01

The objective of this procurement is

The objective of this procurement is to support the Growth Capital team in bringing investment into the UK whilst ensuring that this investment is from economically and politically reputable sources.

02

The checks should provide an independent assessment

The checks should provide an independent assessment of individual investors, ensuring that the programme's resources are focused on reputable investors who will add value to the UK economy.

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

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Source & provenance
OCID
0e7168eb-45ac-4303-8f75-c94be6475fa7
Stage
preprocurement · Closed
Source
Contracts Finder
Buyer ref
DN433961
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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