Issue details

Inward Investment Services Procurement

 

 

There is an existing inward investment services contract with Locate in Kent, which was awarded in March 2014 following an OJEU compliant procurement process, and commenced in April 2014. This contract supports investment activity across all economic sectors within and outside Kent. The contract is for 24 months with an optional extension of one year (which expires in March 2017). Currently, the spend on this contract is £625,000 per annum

Decision type: Key

Reason Key: Expenditure or savings of more than £1m;

Decision status: Recommendations Approved

Division affected: (All Division);

Notice of proposed decision first published: 20/11/2015

Department: Growth, Environment & Transport

Contact: Dave Hughes, Head of Business Engagement and Economic Development 03000 417099 and 03000 417179 Email: dave.hughes@kent.gov.uk, David Smith, Director of Economic Development Email: david.smith2@kent.gov.uk Tel: 0774 389 4252.

Consultation process

Financial implications: The inward investment services contract value is £3.325m over the three year period between April 2016 and March 2019. This will be funded by KCC (£1.452m), Medway Council (£0.210m) and European Regional Development Fund (£1.662m).

 

Legal implications: The contract with the successful supplier will be drawn up by KCC Legal Services. Otherwise, there are no legal implications.

 

Equalities implications: Equalities requirements will be included as part of the tender specifications and contract, when awarded.

 

Consultees

This proposal was discussed at the Growth, Economic Development and Communities Cabinet Committee on 1 December 2015 at which Member agreed to endorse the recommendation.

Financial implications: David Hughes Head of Business Engagement and Economic Development 03000 417099 dave.hughes@kent.gov.uk David Smith Director of Economic Development 03000 417179 david.smith2@kent.gov.uk

Legal implications: 15/00090

Decisions

Documents