Published date: 19 May 2022

Last edited date: 7 June 2022

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: 17 June 2022, 4pm

Contract summary


  • Market and economic research; polling and statistics - 79300000

Location of contract


Value of contract

£35,000 to £50,000

Procurement reference


Published date

19 May 2022

Closing date

17 June 2022

Closing time


Contract start date

1 July 2022

Contract end date

31 October 2022

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?


Contract is suitable for VCSEs?



The Contracting Authority for this tender is SME Wholesale Finance (London) Limited (trading as Funding London). Funding London is seeking proposals from independent consultants to undertake an interim evaluation of the Greater London Investment Fund (

Funding London was established in 2004 by the then Mayor of London with the specific long-term mandate to support the Economic Development Strategy for London through its SME investment activities. Since its inception, Funding London has worked closely with the private sector partners to support London based SMEs caught in the finance gap, by providing them with loan and equity investment activities. This, in turn, delivers economic impact and financial returns for reinvestments.

In 2019, Funding London established the Greater London Investment Fund (GLIF) in conjunction with the Greater London Authority, European Investment Bank and ReLondon. GLIF was set up with capital of £100m to invest in London's high growth SMEs. It provides early-stage debt and equity finance to innovative London based SMEs seeking to scale-up and achieve their growth ambitions, but also to those aiming to achieve long-term sustainability. At the end of April 2022, it has invested £44.5m in 101 businesses.

GLIF has been operating since May 2019 and will continue until at least 2029; although its investment in new businesses will end after 31 December 2023. However, a condition of its funding is that an interim evaluation should be carried out to assess, among other things, progress and continued relevance. As such, Funding London is seeking proposals from independent consultants, with expertise in assessing publicly backed investment funds, to undertake this interim evaluation in accordance with the specifications detailed in the 'GLIF Interim Evaluation - ITT' document included at the attachment section.

Please submit your proposal by 4pm on Friday 17 June 2022 to, with 'GLIF Interim Evaluation' as the subject.

Details are set out in the 'GLIF Interim Evaluation - ITT' document, included at the attachment section, of what to include in your tender proposal document. However, if you have any questions about this tender, please send an email to no later than 8 June 2022.

More information


  • GLIF Interim Evaluation - ITT.pdf
  • Tender notice
  • This document provides details about the background, specification requirements and how to submit a proposal for this tender.

About the buyer

Contact name

Kenroy Quellennec-Reid


Fourth Floor, 5 Chancery Lane
United Kingdom


020 7043 0739