Award

Enterprise M3 Fund Management - AWARD

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

16 May 2018 at 15:52

Summary of the contracting process

The procurement process involves Hampshire County Council seeking a qualified supplier to manage the Enterprise M3 Fund Management contract, which encompasses the administration of loan, equity, and short-term trade finance funds. This tender is characterised as an open procedure and is currently in the Award stage, following a tender period that concluded on 5th March 2018. The contract is set to commence on 18th June 2018 and will extend until 17th June 2021. This procurement is categorised under the banking and investment services industry and is located in the South East region of the United Kingdom, specifically at postcode SO23 8UL.

Opportunities arising from this tender are ideal for businesses engaged in banking, fund management, or related financial services, particularly those that can administer diversified investment portfolios. Small and medium-sized enterprises (SMEs) that possess the requisite expertise and capability in handling larger, complex funds will be well-suited to compete. With a contract value of approximately £2,489,609.40, this represents a significant opportunity for growth and market expansion within the competitive financial services landscape.

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Notice Title

Enterprise M3 Fund Management - AWARD

Notice 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.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2da76e8a-10b3-43c1-9039-58d1d7d75bba
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/50dee07f-6f61-4440-93aa-132cb9aa5e3b
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£2,489,609 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20187 years ago
Submission Deadline
5 Mar 2018Expired
Future Notice Date
Not specified
Award Date
7 May 20187 years ago
Contract Period
17 Jun 2018 - 17 Jun 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY COUNCIL
Contact Name
Elina Tudor
Contact Email
elina.tudor@hants.gov.uk
Contact Phone
01962 845207

Buyer Location

Locality
HAMPSHIRE
Postcode
SO23 8UL
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ South East (England)

Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Supplier Information

Number of Suppliers
1
Supplier Name

F.S.E.

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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