Published date: 28 November 2016

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.


Closing: 5 January 2017

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

London

Value of contract

£0

Procurement reference

GLA 80787

Published date

28 November 2016

Closing date

5 January 2017

Contract start date

31 July 2017

Contract end date

31 December 2021

Contract type

Service contract

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The GLA is procuring a Fund Manager to manage and invest by way of loans (senior, junior or mezzanine) and equity investment, the capital which is to be committed to a new fund, which the winning bidder will establish. This opportunity has been published in the OJEU reference 2016/S 228-415308

More information

Links

Additional text

Access the tender documentation via the TfL e-tendering system: https://eprocurement.tfl.gov.uk/epps/home

The submission of tenders will be via: https://eprocurement.tfl.gov.uk/epps/home

Bidders must be authorised by the Financial Conduct Authority ("FCA") as a full scope UK AIFM or a small authorised UK AIFM; or be a full scope EEA AIFM (as each of those terms is defined in the Alternative Fund Managers Regulations 2013 (SI 2013/1773). If not, Bidders will be required to confirm that they will have the relevant authorisations before contract award or will have appropriate arrangements with a regulatory hosting or umbrella organisation. Please see the procurement documents for more information and in particular regarding relying on a regulatory hosting or umbrella organisation for the authorisation.

If you have any questions relating to this procurement please raise these via the e-tendering portal as directed in the Invitation to Tender documentation.

Please note that the Contract end date given in the Contract Summary section of this Contracts Finder notice is wrong. The date shown is included only to allow this notice to be published. Details relating to the Contract end date are as follows: the initial term of the Fund will be 20 years expiring (depending upon commencement date) July 2037.

About the buyer

Contact name

Gary Seed

Address

City Hall
The Queen's Walk
London
SE1 2AA
England

Email

garyseed@tfl.gov.uk