Published date: 20 February 2018

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 26 March 2018

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

North East

Value of contract

£1,500,000

Procurement reference

NCL001-DN320212-85266867

Published date

20 February 2018

Closing date

26 March 2018

Contract start date

28 May 2018

Contract end date

3 December 2018

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

The University is aiming to monetize a revenue stream where a company will purchase all or a portion of a drug royalty in exchange for cash advances. In order to protect the University's position and interest in this asset, specialist monetisation services are required to assist with monetisation process which will secure the best monetization deal. This procurement is for a single monetisation process from inception to closing the final deal. The monetisation sale can be managed from any location worldwide. Receipt of the Invitation to Tender is subject to the supplier signing the Confidential Disclosure Agreement attached 'Rubraca monetization CDA 2 party'. This must be signed by a duly authorised person and submitted to the university with your expression of interest request as either a 'Private Attachment' on your Vendor Profile or email to neil.addison@ncl.ac.uk. The university will not issue the Invitation to Tender to the supplier until this is completed


About the buyer

Contact name

Neil Addison

Address

Newcastle University
King's Gate
Newcastle upon Tyne
NE1 7RU
England

Telephone

+44 1912087472

Email

neil.addison@ncl.ac.uk

Website

https://www.ncl.ac.uk