Published date: 26 February 2018

Last edited date: 26 February 2018

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 March 2018

Contract summary

Industry

  • Banking and investment services - 66100000

  • Investment banking services and related services - 66120000

Location of contract

SO23 8UL

Value of contract

£0 to £2,500,000

Procurement reference

ET10335

Published date

26 February 2018

Closing date

5 March 2018

Contract start date

18 June 2018

Contract end date

17 June 2021

Contract type

Service contract

Procedure type

Open procedure (above threshold)

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

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Enterprise M3 LEP is looking to procure a suitably qualified supplier to manage the Fund Management contract and administer loan, equity and short-term trade finance funds.
Enterprise M3 is a business-led local enterprise partnership, one of 38 in England, which is working to secure economic growth at the sub-national level. The LEP brings together leaders from the business, public and not-for-profit sectors and provides the vision, knowledge and strategic leadership needed to drive sustainable private sector growth.

Since July 2014, Enterprise M3 has operated a loan and equity fund known as the Enterprise M3 Funding Escalator which was funded through the Enterprise M3 Growing Enterprise Fund. The investment period for the Funding Escalator comes to an end in June 2018 and Enterprise M3 are currently looking to secure a provider who can administer a larger and more complex fund from June 2018 onwards and enter into the Enterprise M3 the Fund Management contract for that purpose.

No further information is available at present. You are however able to express your interest in the project via the In-Tend website https://in-tendhost.co.uk/hampshire, and locating this prior information notice, in the tenders tab, then Current and scroll down to the project.

Once the tender is live (mid January 2018), you will receive notification to view the tender documentation.

More information

Links

Additional text

Is a Recurrent Procurement Type? : Yes

About the buyer

Contact name

Elina Tudor

Address

76 High Street
Winchester
Hampshire
SO23 8UL
United Kingdom

Telephone

01962 845207

Email

elina.tudor@hants.gov.uk