Award

Fund Advisor(s) - Lot 1 - Brexit Resilience Fund & Lot 2 - Investment Soft Loan Fund

MERSEYTRAVEL

This public procurement record has 2 releases in its history.

Award

22 Sep 2020 at 16:22

Award Notice
Tender

09 Aug 2019 at 14:32

Tender Notice
Summary of the contracting process

The procurement process involves the Liverpool City Region Combined Authority (LCRCA) seeking to appoint Fund Advisors for two distinct objectives: the Brexit Resilience Fund and the Investment Soft Loan Fund. The tender, titled "Fund Advisor(s) - Lot 1 - Brexit Resilience Fund & Lot 2 - Investment Soft Loan Fund," is classified under financial and insurance services and is aimed at businesses based in the North West of England. The procurement method used is an open procedure, with a contract value of £2,000,000 and a minimum bid value of £700,000. The tender period concluded on 9th September 2019, while the contract commenced on 28th September 2019 and will extend until 30th September 2023.

This procurement opportunity presents significant growth potential for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that have expertise in financial advisory services, particularly those familiar with fund management and investment strategies. Businesses able to demonstrate relevant experience in handling public funds and providing advice on investment resilience will be well-positioned to compete for this contract, thereby enhancing their visibility and market presence within the local economy.

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Notice Information

Notice Title

Fund Advisor(s) - Lot 1 - Brexit Resilience Fund & Lot 2 - Investment Soft Loan Fund

Notice Description

The LCRCA intends to appoint a Fund Advisor(s) under: Lot 1 - support for the Brexit Resilience Fund Lot 2 - support for the inward investment soft loan fund. Interested parties are invited to bid for one or both Lots with the requirement similar for each Lot - the Lots have been split because the rules associated with the approval process are slightly different and because bidders may only have sufficient capacity to support 1 Lot.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1a003ec0-0c4d-4844-a31a-e62446829d2a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d24b9c0f-663c-40f9-a4db-bdc56d67b05f
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Sep 20205 years ago
Submission Deadline
8 Sep 2019Expired
Future Notice Date
Not specified
Award Date
27 Dec 20196 years ago
Contract Period
13 Jan 2020 - 30 Sep 2023 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MERSEYTRAVEL
Contact Name
Procurement Team
Contact Email
tender@liverpoolcityregion-ca.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LIVERPOOL
Postcode
L3 1BP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD North West (England)
Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

MSIF

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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