Source: https://tendernation.io/opportunities/01a13cb0-254e-721a-8e37-6e9722b039cb/td1925-due-diligence-services

awarded GB open procedure Suitable for SMEs

# TD1925 - Due Diligence Services

[Derby City Council](https://tendernation.io/buyers/derby-city-council)

Estimated value

£250,000

Published

23 Jan 2023

Deadline

Closed

27 Feb 2023

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The requirement is to undertake Due Diligence, primarily for companies accessing Derby Enterprise Growth Fund and Ascend but also available to the Council more widely. Services will include the undertaking of Due Diligence exercises and provision of reports and advice on companies offered (in principle) grant or loan funding prior to funding contracts being signed, reviewed, or amended. Reports are required to provide an external independent view on viability and risk as well as confirmation and validation of State Aid position to ensure all funding is State Aid compliant Contract is due to commence on the 14th April 2023 and expire on 13th April 2026. There is an option to extend for a further 2 years in annual increments. The value of Â£250,000 is based on the full 5 years. Please note, suppliers wishing to express interest and obtain the documentation, must do so by 15:00 on 26th February 2023. It is recommended that you express interest and obtain the documentation well before this time to allow sufficient time to prepare and submit a comprehensive response. The deadline for returns is 12:00 on 27th February 2023 Please visit the Council's e-tendering system [eastmidstenders.org](https://www.eastmidstenders.org) where you can express interest and obtain the documents, (please note we will only accept expressions of interest through the e-tendering system. Please search for TD1925

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/249e9186-9b78-47c2-b63c-3e0a01f7737e)

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