Official UK procurement notice
(NU/1433-16) NunaBio: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation
Authority: Newcastle University (Education)·Consortium: 4 public authorities
What is being bought
Published requirement descriptionNunaBio Ltd has developed an enhanced DNA sensing platform technology and associated IP that will find application in many market sectors that require increased confidence in the sensitive detection of target DNA sequences.
Consumers of diagnostic devices require their device to be sensitive and accurate. While 100% accuracy is possible, existing approaches require highly trained staff, expensive labs and significant lead time to results. These drawbacks are key drivers for the development of point-of-use devices which aim to support better decision making, reduce cost (social and economic) and time to action. The utility of such devices and therefore consumer confidence in the results they produce is highly dependent on their accuracy. Exemplified by the current COVID-19 pandemic, there is an urgent unmet need for advanced confidence.
We are looking for an executive and the initial brief of the executive will be to:
(1) Produce a viable 5 year business plan;
(2) Obtain university approval for the venture;
(3) a. Act for the company in the spin-out legal process and address all company formation matters;
b. Obtain founder academics’ and Newcastle University (including the Head of Company Creation) approval for appointment as CEO.
c. Provide to the appropriate university all matters necessary for ERDF reporting requirements;
(4) Secure (venture capital and other) funding
CPV: Business and management consultancy and related services
How this dynamic market works
From the published notice- Type
- Dynamic market
- Bids received
- 2 bids received · 1 suppliers appointed
The lotProcurement structure
single lot · no lot value publishedLot #1Newcastle, Durham, Sunderland and Northumbria universities, in common with…Awarded
Newcastle, Durham, Sunderland and Northumbria universities, in common with universities throughout the UK, have advanced relevant systems and procedures and also dedicate significant public resource to both research and commercialisation of that research. A key route to commercialisation is the creation of a new business (a spin-out company) wherein the intellectual property (IPR) developed exclusively licenced to a university start-up company in exchange for (founders) shares in that company.
The universities ill engage suitably qualified and experienced executives through the DPS as and when required over the DPS period. The specific requirements will be detailed in each further competition.
The initial brief of the executive for which he/she will be paid, dependent upon the scope of the specific project engagement sought, either a payment or a combination of a payment and a share/stock option will typically be to:
(a) produce a viable business plan;
(b) obtain university approval for the venture;
(c) act for the company in the spin-out legal process and address all the company formation matters;
(d) provide to the appropriate university all matters necessary for ESIF and Research England reporting requirements;
(e) secure (venture capital and/or other) funding in accordance with the business plan.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Quality: 60%
- Equity: 15%
- price: 25%
Published award criteria (3)
- Quality: 60
- Equity: 15
- Price: 25
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
- “(NU/1433-16) NunaBio: Commercialisation of university research…” is a dynamic market: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Dynamic market
- Who may use this agreement
- Any qualifying supplier may apply while the market is open
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 5 Jan 2021, 08:52 GMT
- Last source update
- 5 Jan 2021, 08:52 GMT
- Authority reference
DN513120- FTS notice number
2021/S 000-000080- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-028796Find a Tender
- Review procedure
The University will incorporate a standstill period at the point information on the award of the contract is communicated to tenderers. That notification will provide full information on the award decision. The standstill period, which will be for a minimum of 10 calendar days, provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into.
The Public Contracts Regulations 2015 (SI 2015 No 102) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland) within 30 days of knowledge or constructive knowledge of breach.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 suppliers are admitted to this dynamic market without individual award values or dates, see the supplier list below.
Contracts
Contract 000080-2021-NU1433-16-1
- Signed
- 18 Dec 2020
- Value
- £26,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | 2 | — | — |
Contracting authority & participating public bodies
5 public bodies on the noticeConsortium members and other public bodies
- Durham UniversityContracting authority
- Northumbria University NewcastleContracting authority
- University of SunderlandContracting authority
- European UnionFunder
Suppliers admitted to the dynamic market
1 commercial party on the notice- The Attic Consultancy LimitedAdmitted to the market
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.