Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
West Midlands Combined Authority
16 Summer Lane
Birmingham
B19 3SD
UK
Telephone: +44 3453036760
E-mail: william.pemberton@wmca.org.uk
NUTS: UKG
Internet address(es)
Main address: https://www.wmca.org.uk/
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
UKSPF Business Support Investment Readiness Programme
II.1.2) Main CPV code
66171000
II.1.3) Type of contract
Services
II.1.4) Short description
The West Midlands (WM) Investment Readiness programme aims to address demand-side weaknesses in Small to Medium Enterprises (SME) access to external finance in the West Midlands. They are usually focused on equity finance (i.e. raising capital in exchange for an ownership share), but local programmes in England have also covered debt finance (e.g. applying for bank loans). The WM Investment Readiness Programme will include both equity and debt finance which will support the growth and scale up plans of the WM SMEs.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
2 200 000.00
GBP
II.2) Description
Lot No: 1
II.2.2) Additional CPV code(s)
66171000
II.2.3) Place of performance
NUTS code:
UKG31
UKG32
II.2.4) Description of the procurement
Birmingham & Solihull
II.2.5) Award criteria
Quality criterion: Technical
/ Weighting: 80
Quality criterion: Commercial (Price)
/ Weighting: 20
Price
/ Weighting:
100
II.2.11) Information about options
Options:
Yes
Description of options:
3 x 1 year options
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.2) Additional CPV code(s)
66171000
II.2.3) Place of performance
NUTS code:
UKG36
UKG37
UKG38
UKG39
II.2.4) Description of the procurement
Black Country
II.2.5) Award criteria
Quality criterion: Technical
/ Weighting: 80
Quality criterion: Commercial (Price)
/ Weighting: 20
Price
/ Weighting:
100
II.2.11) Information about options
Options:
Yes
Description of options:
3 x 1 year options
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 3
II.2.2) Additional CPV code(s)
66171000
II.2.3) Place of performance
NUTS code:
UKG33
II.2.4) Description of the procurement
Coventry
II.2.5) Award criteria
Quality criterion: Technical
/ Weighting: 80
Quality criterion: Commercial (Price)
/ Weighting: 20
Price
/ Weighting:
100
II.2.11) Information about options
Options:
Yes
Description of options:
3 x 1 year options
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-004117
Section V: Award of contract
Lot No: 1
Contract No: 04413-2022
Title: UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
13/03/2023
V.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Oxford Innovation Services Ltd
Oxford
UK
NUTS: UKJ14
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 1 149 750.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Contract No: 04413-2022
Title: UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
13/03/2023
V.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Oxford Innovation Services Ltd
Oxford
UK
NUTS: UKJ14
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 768 717.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 3
Contract No: 04413-2022
Title: UKSPF Business Support Investment Readiness Programme
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
13/03/2023
V.2.2) Information about tenders
Number of tenders received: 7
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Growth Hub Business Solutions Ltd
Coventry
UK
NUTS: UKG33
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 281 533.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
West Midlands Combined Authority
Birmingham
UK
VI.5) Date of dispatch of this notice
15/09/2023