Future Investment Support Services

Concepts

• business services
• future investment support services
• department for international trade
• support of the government
• efficient services
• respected investment promotion agencies
• client-facing support material
• dit investment staff
• investment
• following service requirements

Location

United Kingdom:

Description

The Department for International Trade (DIT) has the objective of creating a UK that leads the way on achieving fair global trading, drives economic growth and improves the living standards in the country and around the world. We will deliver that through attracting and retaining inward investment, promoting exports and delivering new trade deals. Our vision for Investment is to transform DIT into one of the world’s most capable and respected investment promotion agencies, best placed to deliver high-value inward investment in support of the Government’s economic ambitions including innovation, net zero and levelling up. We will achieve this through optimising our support to high-value, high impact investors, whilst growing effective and efficient services across all investor categories. DIT is seeking a service provider to help us improve our ability to target and support high-value investment, and to supplement what we know from our interactions with businesses with external intelligence, to inform policy making on enhancing the attractiveness of the UK investment environment. This will involve delivering business intelligence, training, research, analysis and support to client-facing teams to increase their impact with investors. This will require expertise, innovation, operational excellence and a commitment from the provider to deliver in the national interest. The successful bidder will help DIT maintain its position as one of the world’s preeminent investment promotion organisations. They will provide support that will increase the credibility and impact of our investor interactions—and help us secure higher levels of inward investment benefiting all regions and nations of the UK.

Total Quantity or Scope

DIT is looking to procure the following six categories of services, many of which are currently provided by an outsourced provider. Bids from potential suppliers are expected to include the following service requirements; however, we invite bidders to offer creative solutions when seeking to meet these requirements. The estimated value is £9,000,000 - 11,000,000 for the whole duration of the contract (including two optional extension periods of up to 12 months each). Contract award is expected to be made in Q4 FY22/23. 1. Training: DIT requires a service that provides a high-quality and engaging learning and development (L&D) programme to DIT investment staff in the UK and overseas, enabling them to deliver on DIT investment priorities more effectively. This L&D programme will build staff’s investment knowledge, develop their investment promotion and account management skills and share best practice from within DIT but also other investment promotion agencies. 2. Research and analysis: DIT requires material to address specific knowledge gaps which exist within the department’s network. The information requested will often be highly specific and require sector and/or regional expertise, examples could include the AgriTech sector in Wales or aquafarming in the South West. 3. Client-facing support material: DIT requires support material for client-facing teams across its network to manage investment prospects both domestically and internationally. This material will contain packaged client pitches or ‘propositions’ and investor-facing content to allow teams to present opportunities to prospective investors on a particular region, economic cluster, or sector as well as opportunities relating to capital investments and freeports. The volumes required will vary depending on the needs of the network at any given time. 4. Market insights: DIT requires a service which allows it to keep abreast of industry trends to influence prioritisation of our promotion efforts. This will require a granular and intelligent approach to tracking data, with an emphasis on industry information that provides early signalling of trends as well as the longer-term macroeconomic analyses typical in ‘pure’ policy making. 5. Modelling and benchmarking tools: DIT requires a suite of information tools to allow its staff to produce reports highlighting the potential of the UK as an investment destination. These will include financial modelling and benchmarking tools which are able to compare indicative financial performances of investments projects across a range of investments locations. 6. Target generation: DIT requires a service which generates FDI leads for its network staff both domestically and overseas. Other services provided by the supplier may also generate leads for this service.

Renewal Options

3 year initial term with two optional extension periods of up to 12 months each

CPV Codes

• 79990000 - Miscellaneous business-related services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **