FrameworkClosed

UKIB DPS for Expert Advice Services v.2

National Wealth Fund Limited · £4,500,000 · closes 23 Apr 2025

£4,500,000

Estimated value

Closed

Deadline

20 Feb 2025

Published

This tender has closed.

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About this contract

The National Wealth Fund ('NWF') is the UK government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. NWF is partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. NWF seeks to establish a Dynamic Purchasing System (‘DPS’) for the provision of expert advice.

Key dates

Published20 Feb 2025
Submission deadline23 Apr 2025 Add to calendar ↓

Source

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Lot — bid on it if it fits

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It is proposed through this procurement to establish a DPS to provide a tool for the selection and appointment of independent advisors to provide expert advice and assurance. This DPS is intended to replace the existing C0545 Expert Advice Services DPS from the point that the agreement goes live as an equivalent version 2.<br/><br/>NWF requires expert advice and assurance services on its investment into companies relating to green transport, critical minerals, clean energy and grid, water, waste, carbon capture and storage, battery storage and gigafactories, and digital infrastructure amongst other sectors. Independent advisors will provide advice and assurance on topics including the background of the sponsor and counterparties, physical and financial suitability of the project, technology, and the market it operates in.<br/><br/>The outputs of the Services will predominantly be in the form of written reports and/or presentations. This will likely include the provision of red flag reviews, intended to act as initial screening tools to identify aspects of the asset or project that require detailed due diligence focus in subsequent stages, or present critical risks to the project.<br/><br/>The purpose of the DPS is to establish an efficient contracting route, through further competition, for the appointment of suitably qualified Members for projects requiring expert advice and assurance services in one or more Service Categories, and in respect of one or more Industry Sectors.<br/><br/>The relevant Service Categories and Industry Sectors are as set out in the procurement documents.<br/><br/>The Industry Sectors which NWF is working in may change over time, and NWF therefore reserves the right to add additional Industry Sectors to the DPS during the term of the DPS.Value not published

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