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:
- 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.
- Provide sufficient resource in the UK to support the delivery of inward investment projects into England.
- 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.
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