Published date: 8 June 2017

Last edited date: 8 June 2017

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


Closing: 21 November 2016

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

DH1 5UL

Value of contract

£4,000,000

Procurement reference

DCC001-DN215093-87144427

Published date

8 June 2017

Closing date

21 November 2016

Contract start date

1 April 2017

Contract end date

31 March 2020

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

This contract is for the appointment a single Financial Conduct Authority (FCA) authorised fund management company with the ability to deliver the following services on behalf of the Authority:

1. Fund management activity undertaken in relation to the Finance Durham Fund for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).

2. Provision of access to finance (A2F) business support activity for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).

3. Assistance and support to Durham County Council (DCC) in relation to setting up a new DCC owned FCA regulated fund management company (NEWCO). It is the intention of the Authority that NEWCO undertakes the fund management activity associated with the management of the Finance Durham Fund from year 3 onwards.

For further information relating to this opportunity please see the enclosed Tender Pack and the Memorandum of Information.

Award information

Awarded date

22 March 2017

Contract start date

1 April 2017

Contract end date

31 March 2020

Total value of contract

£128,800

This contract was awarded to 9 suppliers.

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners UK

Address

Kintrye House, 205 West George Street. Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Mavern Capital Partners

Address

Kintrye House, 205 West George Street, Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners

Address

Kintrye House, 205 West George Street, Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Maven Capital Partners

Address

Kintrye House, 205 West George Street, Glasgow, G2 2LW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Richard Carroll

Address

Corporate services
County Hall
Durham
DH1 5UL
UK

Telephone

03000 265423

Email

rcarr@durham.gov.uk

Website

http://www.durham.gov.uk