Published date: 11 March 2016
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Investment banking services and related services - 66120000
Portfolio management services - 66140000
Location of contract
NR4 7TJ
Value of contract
£0
Procurement reference
PURCON617 - AWARD
Published date
11 March 2016
Closing date
23 November 2015
Contract start date
24 March 2016
Contract end date
31 December 2019
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?
No
Description
The contracting authority is seeking to develop a framework of fund managers to deliver fund portfolio management services for a range of investment funds, from a variety of sources. The services will be for early stage investments into SMEs and other eligible companies, developing low carbon goods and services and/ or growing, developing or expanding in a manner consistent with the progression to a low carbon economy.
There is no clear idea as to how much will be spent with the fund manager(s) as this is dependant on the value of the fund. However ERDF guidance suggests not more than 3% of the value of the fund can be spent on the fund manager per annum.
Award information
Awarded date
24 February 2016
Contract start date
24 March 2016
Contract end date
31 December 2019
Total value of contract
£0
This contract was awarded to 3 suppliers.
350 Investment Partners LLP
Address
Suite 415a Chadwick House, Birchwood Park, Warrington, Cheshire, United Kingdom, WA3 6AE
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Enterprise Ventures Limited
Address
PTMC, Marsh Lane , Preston , Lancashire , United Kingdom, PR18UQ
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Turquoise International Limited
Address
2 Lambeth Hill, London, United Kingdom, EC4v 4GG
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Claire Woodcroft
Address
Norwich Research Park
Norwich
Norfolk
NR4 7TJ
United Kingdom
Telephone
01603 592728
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Closing: 23 November 2015
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