Identify the approach you would advise the Fund to take
Background to task
• Thanks to the discovery of extensive and easily extractable deposits of the
minerals required to make batteries for electric vehicles and thin-film
photovoltaics, the country of Usquam has in recent years experienced a
sustained period of economic growth.
• The government of Usquam invests its income from the licensing of extraction
and taxes on the companies involved in a substantial sovereign wealth fund (the
Fund) to ensure responsible and long-term management so that this wealth
benefits both current and future generations.
• The government of Usquam is proud of its track record for ethical investment and
its recognition as one of the most corruption-free states in the World.
Background to task
Your consultancy firm, Trotters’ Independent AutoSports Consultancy (‘the
company’), has been appointed to assist the Usqam Sovereign Wealth Fund with its
procurement of a number of contracts associated with a project for the creation of a
racing and test circuits facility for electric vehicles to act both as a showcase for the
emerging Usquami electric vehicle manufacturing industry and as a catalyst for
sustainable regeneration in an economically deprived area of the country.
Background to task
Usquam has a dual public procurement system, in which there are separate
systems for procurement conducted by the government and procurement conducted
by the Fund.
Under the system in place for the Fund rather than a requirement to comply with
detailed regulations, the Fund has a duty to satisfy the Usquami Ministry of Finance
that its arrangements for any project are transparent, prevent corrupt practices,
provide value for money, are non-discriminatory, procedurally fair and proportionate.
Task
• What you have to do is identify the approach you would advise the Fund to take
to
1. Applying the principles of sustainable development to the procurement of
the services and works contracts required for the project:
2. Carrying out services and works procurements in a way that meets the
requirements on the Fund for the conduct of its procurements.
• To illustrate to the Fund how your proposals might work in practice you have
been asked to incorporate within your report examples of their application at
various stages leading up to the award of contracts for two elements of the
project
1. The design and construction of a spectator grandstand, pit lane facilities
and broadcasting centre at the new facility (Approximate works value
£354m)
2. The design and construction of landscaped gardens at the three main
public entry / exit points at the circuit (Approximate works value £850,000)
