# TD1925 - Due Diligence Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Derby City Council](/buyers/derby-city-council/contract-awards)
- Contract winner: Inventya Ltd
- Award value: £250,000
- Tender value: £250,000
- Award date: 11 April 2023
- Published: 13 April 2023
- Contract start: 14 April 2023
- Contract end: 13 April 2028
- Stage: awarded
- Procurement category: services
- Notice ID: df9bdef5-67f5-433d-b9e4-c9afe7f06bf7-634795
- OCID: ocds-b5fd17-249e9186-9b78-47c2-b63c-3e0a01f7737e

## Description

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 £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 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

## Related contract awards

- [For Inclusion on a Dynamic Purchasing System \(DPS\) for education services for children and young people with Special Educational Needs and Disabilities](/contracts/ocds-b5fd17-ad412246-0d0b-44a7-9fa4-8b6c5ea0308a): DERBY CITY COUNCIL
- [ENQ1347 - Ice Rink for Festive Derby](/contracts/ocds-b5fd17-2382ea66-3a21-4cf3-9d34-0de26f6ec246): DERBY CITY COUNCIL
- [ENQ1394 - Procurement of 6x Procurement and Supply Apprenticeships](/contracts/ocds-b5fd17-854d7e38-ef65-4cfb-8ade-3167f7e4a5be): DERBY CITY COUNCIL
- [A BUSINESS ASSISTANCE DELIVERY SUB CONTRCTOR FOR THE ERDF HEALTH INNOVATION CAMPUS PROJECT - AWARD](/contracts/ocds-b5fd17-0ca1e503-a432-48c4-9423-a5e79a4b0b8b): Lancaster University

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/df9bdef5-67f5-433d-b9e4-c9afe7f06bf7-634795)