Published date: 16 March 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: 19 April 2018

Contract summary

Industry

  • Portfolio management services - 66140000

Location of contract

North East

Value of contract

£60,000 to £120,000

Procurement reference

TNEFL/001

Published date

16 March 2018

Closing date

19 April 2018

Contract start date

15 May 2018

Contract end date

31 December 2021

Contract type

Service contract

Procedure type

Open procedure (below threshold)

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

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The North East Fund Limited is seeking to appoint an Auditor for a four year term, beginning with the March 2018 year end.

The Fund is a new entity which will consist of a suite of funds, each managed by a different fund manager. It expects to invest £120m in SMEs across the North East LEP area, building on the success of the North East JEREMIE programme.

Funding is coming from the European Investment Bank, the European Regional Development Fund and from returns on investments made by historical funds in North East England.

The Auditor will be required to audit the financial statements of The North East Fund Limited and to provide corporation tax compliance services.

More information

Attachments

About the buyer

Contact name

James Arkless

Address

33 Grey Street
Newcastle upon Tyne
NE1 6EE
England

Telephone

0191 499 8550

Email

james.arkless@nea2f.co.uk