Public Contracts Scotland

Due Diligence Framework Agreement Lot 2 - Model Audit

Scottish National Investment Bank

Awarded
services
Framework agreement
Scotland

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Scottish National Investment Bank, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
Edinburgh
Contract value
£500,000ex VAT
Submissions closed
30 November 2023
Published
26 October 2023

Procurement

Submission method
Electronic Submission
Procedure type
Open procedure
CPV classifications
  • 66171000 Financial consultancy services
  • 66120000 Investment banking services and related services
  • 79212100 Financial auditing services

What happened

Scottish National Investment Bank awarded this contract to CubeLynx Limited worth £500,000 on 1 Mar 2024.

Description

We are a mission-led development investment bank for Scotland, wholly owned by the Scottish Ministers on behalf of the people of Scotland. We have been established to operate commercially and are operationally independent from government. We invest in Scottish business, projects, and communities to deliver environment, social and financial returns for the people of Scotland. Our missions are at the heart of everything that we do. You can find out more about the Bank and our missions at our website www.thebank.scot.

The Bank are setting up a Framework Agreement to undertake Due Diligence on potential investments which we are considering making. The framework will offer the Bank an efficient, cost-effective, and streamlined approach for procuring external support and expertise to assist reactive and consistent delivery of Due Diligence as it is required.

The requirements are split into four Lots:

Lot 1 - Financial Diligence

Lot 2 – Model Audit

Lot 3 – Tax diligence

Lot 4 – Company Valuations

This particular Contract notice and tender exercise relates to Lot 2 - Model Audit.

Bidders who are interested in bidding for any of the other Framework Lots can do so by locating the respective PCS notices, all published on the same date.

Awarded supplier

Supplier
CubeLynx Limited
Award value
£500,000
Award date
1 March 2024

Contact

Address
1-North, Waverley Gate, 2-4 Waterloo Place, Edinburgh, EH1 3EG

Bid documents

Identifiers

Notice ID
rls-21-OCT491369
OCID
ocds-r6ebe6-0000748300

Explore related tenders

External ID: pcs-ocds-r6ebe6-0000748300 • Added 27 May 2026