News story

Bids invited to provide foreign direct investment (FDI) services

Opportunity to bid for a contract to provide foreign direct investment services on behalf of UK Trade and Investment (UKTI).

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

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The Department for Business, Innovation and Skills (BIS) has published a contract notice inviting bids to provide delivery and support services for foreign direct investment.

On behalf of UK Trade and Investment, the contractor will be required to:

  1. Co-ordinate and manage foreign direct investment enquiries through to delivery on behalf of the United Kingdom, working with local partners across England, the Devolved Administrations of Scotland, Wales and Northern Ireland and the wider UKTI network.
  2. Provide sufficient resource in the UK to support the delivery of inward investment projects into England.
  3. Provide direct relationship management and investor development to nominated existing investors in England as agreed with UKTI.

The contract term will be 36 months with the option for the Department for Business Innovation and Skills to extend for 12 months on two occasions.

The expected contract value is £10,650,000 a year. The forecast value of the contract will be £32,000,000 (3 years) up to £53,250,000 (5 years).

The existing contract will expire on 31 July 2015.

See full information about the contract on the Tenders Electronic Daily (TED) website.

Learn more about how to become a supplier of goods and services to the public sector through the Crown Commercial Service.

Published 30 December 2014