Published date: 31 July 2020
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Financial management consultancy services - 79412000
Location of contract
London
Value of contract
£0 to £30,000
Procurement reference
RFQ 003A
Published date
31 July 2020
Closing date
13 August 2020
Contract start date
31 August 2020
Contract end date
1 October 2020
Contract type
Service contract
Procedure type
Competitive quotation (below threshold)
The buyer selects a group of potential suppliers to invite to tender.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
Fair4All Finance is seeking a provider to support the structuring and modelling of a new debt fund during August 2020.
Fair4All Finance is a not for profit organisation founded in early 2019 to increase the financial wellbeing of people in vulnerable circumstances. This will enable individuals to overcome shocks, enrich their lives and enable them to pursue opportunities.
We aim to raise a £80m+ debt fund by autumn 2020, working with mainstream financial institutions. Significant preparatory work has been done, including with potential investors. We now require specialist support to structure the fund and to build a robust fund model.
The output will include:
• Phase 1: Advise on an appropriate fund structure to meet our financing, regulatory, state aid, transparency requirements -working closely with the Fair4All Investment Director and team
• Phase 2: Build a robust fund model (likely in Excel), for use by the Fair4All team. Support refinements of this model following testing with funders and potential investee organisations.
• Phase 3: Review and refine the draft fund prospectus
Due to the commercially sensitive nature of this work, we ask that all interested parties sign an NDA ahead of receiving full information.
To receive further information, or any other questions on this quote request may be addressed to holly@fair4allfinance.org.uk.
More information
About the buyer
Contact name
Holly Piper
Address
2nd Floor 28 Commercial Street
London
E16LS
England
Website
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Closing: 13 August 2020
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