Provision of Advice on and execution of specific corporate transactions
key details
| Status | complete |
|---|---|
| Category (CPV) | 66000000 |
| Deadline | 10 May 2019 |
| Contract start | 17 Jun 2019 |
| Contract end | 31 Mar 2021 |
| Procedure | selective |
| SME suitable | No |
| OCID | ocds-b5fd17-7461e0d4-99bd-4e68-89c5-c9315deaa244 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Rothschild & Co Global Advisory | £0 | 21 May 2019 | active |
description
A Corporate Finance advisor / support resource is required to support the 4th National Lottery licence competition programme team - alongside existing independent advisory groups and legal advisors - to augment the skills and experience already in place. This will ensure that the programme can bring to bear detailed knowledge of the Lottery and investor market to deliver the best bids and outcome from the competition. The resource will also (i) undertake robust assessments of the sustainability of the bids from a funding perspective; (ii) advise on the evaluation framework for the competition; (iii) provide expert resource for the relevant parts of bid evaluation; and (iv) advise on any corporate finance issues post-licence award. The volume and type of resource will change through the life of the contract to align with the stages of the programme. To reflect this, it is anticipated that most tasks will be delivered as discrete packages of work. However, there will be a need for advice to be provided on-demand, and as such a call-off arrangement for expert resources will also be required.
The resource will undertake the following activities:
Market Engagement and Making (up to mid-2020)
| o | Independent review of market engagement activity to-date |
| o | Development and delivery of strategies for building market interest, including marketing the financial opportunity to potential investors |
| o | Assessing the attractiveness, from the market's perspective, of the National Lottery financial opportunity |
| o | Advise on approaches and risks associated with consortium bids |
Policy and Licence Design (up to end 2019)
| o | Analyse and assess the financial aspects (e.g. investment revenue, and Returns to Good Causes) of policy decisions, for example Retention Structures, Length of Licence, Channels of Sale etc. |
| o | Advise on licence design and whether options considered are likely to be differentiators for investors, and/or attract different types of investment |
| o | Advise on market's tolerance and appetite for financial risk, to inform policy and licence design activity |
| o | Support the Executive Director and the Board in its decision-making on trade-offs between policy outcomes and commercial viability |
| Support the Programme Executive in the overall coordination of activities. |
Competition Phase (2020 - 2021)
| o | Advise Executive Director and Board on robustness of financial evidence |
| o | Advise on financial sustainability of potential bidders, and availability of finance for up-front investment |
| o | Support evaluation of bidder's proposals, in order to deliver against the three Statutory duties (e.g. Propriety, Player Protection, maximising value of Return to Good Causes) |
| o | Assess financial risk of bidder's proposals for innovation |
| o | Support the final negotiation of the licence |
Transition Phase (2021 to 2023)
Advise on any relevant corporate finance issues, for example changes in financing and/or owner
documents
- https://www.contractsfinder.service.gov.uk/Notice/621b247e-9c40-4348-bb12-e77811a36913 , tenderNotice
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/116de013-4774-4c71-9746-05d3e6019afe , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 22 May 2019 | Award (award) | · | bcdce970-60fc-4194-b1b8-d8073c8f6d39-290809 |
more from Gambling Commission
- Legal Services · £3,000,000 · 23 Jul 2026
- Planned & Reactive Maintenance · £90,000 · 22 Jul 2026
- Board Effectiveness Review · £34,658 · 27 Mar 2026
- 4NL069 Transition Plan SMR · £615,873 · 5 Mar 2026
- 4NL070 Operations SMR · £553,609 · 5 Mar 2026
- 4NL063 Technology SMR · £830,565 · 5 Mar 2026
- Executive Recruitment · £22,000 · 12 Feb 2026
- Gambling Survey for Great Britain · £4,500,000 · 4 Nov 2025
all contracts from this buyer →
similar contracts awarded
Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.
- Bill Payments · South Tyneside Borough Council · £267,985
- Award of Engagement and Voting Services using Further Competition CT1655 · The City of Edinburgh Council · £630,000
- Insurance Claims Handling Legal Services · Sunderland City Council · £240,000
- Insurance Services · Suffolk County Council · £6,627,500
- Childcare Voucher Scheme · United Lincolnshire Teaching Hospitals NHS Trust · £63,744
- Electronic Payment Services Apr26 - Stoke on Trent City Council - awarded · NORTHERN HOUSING CONSORTIUM LIMITED · £210,092
- Early Supplier Payment · The Royal Borough of Kingston upon Thames · £660,000
- North Northamptonshire Council - Electronic Payment Services · North Northamptonshire Council · £122,450
source
Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.