Published date: 23 September 2025

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


Closing: 18 October 2023, 12pm

Contract summary

Industry

  • Financial management consultancy services - 79412000

Location of contract

England

Value of contract

£0 to £250,000

Procurement reference

KENT001-DN690183-49862222

Published date

23 September 2025

Closing date

18 October 2023

Closing time

12pm

Contract start date

1 December 2023

Contract end date

30 November 2026

Contract type

Service contract

Procedure type

Restricted procedure

A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Kent County Council (KCC) has awarded a contract to provide independent financial appraisal reports to support the investment decisions of the KCC managed business investment schemes.

The key requirements of the Service are as follows:

a) to attend to 2-3 monthly decision meetings on request;

b) to prepare at the full application stage for each eligible applicant of the KCC managed business investment schemes, a financial appraisal report. This report should contain business and financial analysis of the investment proposal and be submitted via KCC to the monthly decision meetings;

c) to prepare at the debt recovery stage for existing loan recipients of KCC managed business investment schemes, a financial appraisal report. This report should contain business and financial analysis of the current financial position of the business to assist in the understanding of the current financial position of a company. This report to be submitted via KCC to the monthly decision meeting;

d) Each financial appraisal report should include a range of information to assist the monthly decision-making meeting make its Recommendations i.e., to Partially Fund/Fully Fund/Reject/Defer, suggest conditions, repayment schedule and security (if funding was to be offered);

e) there may be an ad-hoc requirement for follow-up independent appraisal work connected with the KCC managed business investment schemes.

Most of this work can be undertaken remotely but attendance at designated Investment Advisory Board (IAB) or Subgroup (SG) meetings and the Debt Recovery Group meeting are also a requirement for the contractor.

The contract may be extended for two further periods of twelve months.

Award information

Awarded date

22 November 2023

Contract start date

1 December 2023

Contract end date

30 November 2026

Total value of contract

£250,000

This contract was awarded to 1 supplier.

FSE C.I.C

Address

First Floor Linea House, Harvest Crescent, Fleet, England, GU51 2UZ

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Molly Roast

Address

County Hall
Maidstone
ME14 1XQ
United Kingdom

Telephone

+44 3000414141

Email

Molly.Roast@kent.gov.uk

Website

http://www.kent.gov.uk