Due Diligence Reviews

Sandwell Metropolitan Borough Council – Corporate Procurement Services

The Black Country Growth Deal, ‘Made in the Black Country, Sold around the World’ agreed with Government is worth over £138 million and will generate an additional £310 million in public and private investment totalling £450 million. The Deal has confirmed Government investment of £35 million in 2015-16.

The Growth Deal has been divided into 13 projects across 5 programme areas. One of these projects will be a Growing Priority Sectors Regional Growth Fund (“The Fund”) which will act as a three year £6 million Access to Finance project to strengthen the capacity of Black Country businesses to take advantage of new market opportunities. This will provide Access to Finance via capital investment in plant, machinery & property.

The project will provide grants to businesses with growth projects that cannot find adequate finance. Businesses in the Black Country’s key sectors will be prioritised. Grants will range from £100,000 to £1 million and will be available for capital investment in plant, machinery and property. The beneficiaries of the Fund will receive up to a maximum 30% support towards the total project cost.

The Fund is administered on behalf of The Black Country LEP (“the LEP”), a Local Enterprise Partnership. Sandwell Metropolitan Borough Council will act as the accountable body for the Fund.

The total estimated value excluding VAT for the entire duration of the Term Contract will be in the range of 50,000 GBP to 200,000 GBP

The anticipated number of Due Diligence Reviews required will range between 10 and 40.

This value is based on historical spend data and is intended to be used as a guide only and is not a guarantee of the level of business that will be generated from the Term Contract.

Further information about Black Country Growth Deal: Growing Priority Sectors Regional Growth Fund can be found at:

https://www.gov.uk/government/publications/black-country-growth-deal

http://www.blackcountrylep.co.uk/about-us/black-country-plans-for-growth/growth-deal

If you would like to tender for this Contract, please:

1. Visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal. You will need to login using an existing account or register a new one. To register a new account, from the homepage click on 'Register' to complete the simple registration process after which you will automatically receive your unique login details by email.

2. Once you have registered your company and received your login details, you must login to the system in order to access the Tender.

3. To do this from the homepage enter your email address and password then click Login. Once logged into the system, click on Tenders from the top menu bar to list all the current opportunities. Once you have found the relevant opportunity you should click on ‘View Details’. Y...

Additional information: https://in-tendhost.co.uk/sandwellmbc

Is a Recurrent Procurement Type? : No https://in-tendhost.co.uk/sandwellmbc/aspx/