Published date: 31 March 2020
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
North West
Value of contract
£900,000
Procurement reference
GMCA001-DN453447-05311616
Published date
31 March 2020
Closing date
28 January 2020
Contract start date
2 March 2020
Contract end date
1 March 2024
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
The GMCA are looking to procure an Investment Adviser who shall be responsible for: (a) developing the pipeline of Potential Projects, following the origination of Potential Projects from public sector partners and the Investment Adviser's own network of contacts; (b) arranging the investment in and leading the negotiation and structuring of financial deals in viable projects with Project Developers who are Qualifying Financial Recipients and which fit within the Investment Policy. All projects should at least be in compliance with Applicable Requirements and the Eligibility Rules, including State Aid Law and have soundness in terms of business model, cash flow projections, investment and project implementation partners; (c) monitoring compliance and risk in accordance with Applicable Requirements and the Eligibility Rules, including the pursuit (investigation and where applicable correction and recovery) of irregularities at final recipient level where required; (d) managing and arranging Relevant Investments in order to meet the Targets; and (e) recommending and managing appropriate exit strategies from Relevant Investments. Full details on scope of the requirement can be found in the Tender Pack
More information
Previous notice about this procurement
Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund
- Opportunity
- Published 18 December 2019
Award information
Awarded date
6 March 2020
Contract start date
9 March 2020
Contract end date
8 March 2024
Total value of contract
£690,000
This contract was awarded to 1 supplier.
CBRE
Address
W1G 0NB
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Bushra Dawood
Address
Greater Manchester Fire and Rescue Service Headquarters
146 Bolton Road, Swinton
Salford
M27 8US
England
Telephone
+44 1616084120
Website
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Closing: 28 January 2020