Official UK procurement notice
UKIB DPS for Expert Advice Services v.2
Authority: National Wealth Fund Limited (Public body)
What is being bought
Published requirement descriptionThe 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.
- Recurrence: 3 years from commencement of DPS
CPV: Advisory and consultative engineering services · Auditing services · Business analysis consultancy services · Business and management consultancy and related services · Civil engineering consultancy services · Construction consultancy services · Consulting services for water-supply and waste-water other than for construction · Environmental auditing · Environmental issues consultancy services · Financial consultancy services · Financial management consultancy services · Insurance consultancy services · +4 more
How this dynamic market works
From the published notice- Type
- Dynamic market
- Market period
- 3 yrs 8 mo from 1 Jun 2025
The lotProcurement structure
single lot · no lot value publishedLot #1It is proposed through this procurement to establish a DPS to provide a tool for the…
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.
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).
- “UKIB DPS for Expert Advice Services v.2” is a dynamic market: the contest is a place on its panel, not a single contract.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- 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
- Yes · 3 years from commencement of DPS
- First published
- 20 Feb 2025, 16:46 GMT
- Last source update
- 20 Feb 2025, 16:46 GMT
- Authority reference
C0928- FTS notice number
2025/S 000-006418- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04e58aFind a Tender
- Electronic trading
- electronic payment
Publisher note: The value provided in Section II.1.5) is only an estimate. The National Wealth Fund (NWF) cannot guarantee to suppliers any business through this DPS. This procurement offering does not guarantee any minimum spend and there will be no form of exclusivity or volume guarantee under this DPS. NWF expressly reserves the right:<br/><br/>(i) not to appoint any suppliers as a result of the procurement process commenced by publication of this notice; and<br/>(ii) to make whatever changes it may see fit to the content and structure of the DPS Application process; and in no circumstances will the NWF be liable for any costs incurred by interested suppliers.<br/>The start date provided in Section II.2.7 is only an estimate, is subject to change and thus the DPS may start earlier or later. Applicants will be kept informed.<br/><br/>Buyers may enter into a contract with a supplier under the DPS for a period of their determining which may exceed the validity period of this DPS. The flexibility of the contracting period allows Buyers to determine appropriate contracting timelines required to enable the supplier to meet their needs.<br/><br/>lnterested suppliers will be able to view the DPS Application Pack via the live opportunities list on NWF's e-procurement system, Atamis. Click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome<br/><br/>Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the DPS Application Pack (including on-line selection questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.<br/><br/>lf you are not already registered on the system, you will need to do so before gaining full access to the DPS Application Pack and being able to submit an application.
How it was run
Official notice- Admission period ends
- 23 Apr 2025, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Supplier levy on call-offs (max %)
- document
- Bid validity
- 180 days from the deadline
Timeline
20 Feb 2025 → 1 Jun 2025 · 4 dates- Notice published20 Feb 2025, 16:46 GMT
- Invitations to tender expected24 Feb 2025
- Admission / appointment period endsperiod end, not a bid countdown23 Apr 2025, 12:00 BST
- Contract starts1 Jun 2025, 00:00 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The Royal Courts of JusticeReview body
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria
- Economic and financial selection criteria
- Technical selection criteria