Published date: 14 June 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 21 March 2022, 12pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

England

Value of contract

£60,000 to £180,000

Procurement reference

KENT001-DN598627-24923453

Published date

14 June 2022

Closing date

21 March 2022

Closing time

12pm

Contract start date

1 June 2022

Contract end date

31 May 2025

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?

Yes

Contract is suitable for VCSEs?

Yes

Description

Kent County Council (the Council) is the largest local authority in England covering an area of 3,500 square kilometres. It has an annual expenditure of over £1bn on goods and services and a population of 1.6m. The Council provides a wide range of personal and strategic services on behalf of its residents, operating in partnership with the NHS Kent and Medway Clinical Commissioning Group, 12 district councils, and 289 parish/town councils.

The Council consists of four directorates:
-Adult Social Core and Health
-Children, Young People and Education
-Growth, Environment and Transport
-Strategic and Corporate Services

This service is being commissioned on behalf of the Growth, Environment and Transport directorate.
This activity supports Kent County Council's Interim Strategic Plan by helping to deliver the Kent and Medway Economic Renewal and Resilience Plan, more specifically delivering essential support for local businesses.

KCC has taken equity stakes in a number of companies via investments from the former Regional Growth Fund (RGF) schemes (Expansion East Kent, Tiger and Escalate), the Kent and Medway Business Fund and the SELEP funded Innovation Investment Scheme, known as Bespoke Equity Fund (BEF) portfolio and is seeking to procure a delivery partner to support, advise and assist these companies, with a £70,000 excluding vat gross per annum budget funded by KCC for the financial period until March 2024.

More information

Previous notice about this procurement

SC21072 Equity Services

  • Opportunity
  • Published 18 February 2022

Links

Award information

Awarded date

14 April 2022

Contract start date

1 June 2022

Contract end date

31 May 2025

Total value of contract

£180,000

This contract was awarded to 1 supplier.

Newable Ventures Limited

Address

140 Aldersgate Street London EC1A 4HY

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Sessions House
Maidstone
ME14 1XQ
England

Email

sccommercialteam@kent.gov.uk

Website

http://www.kent.gov.uk