Tender

UDF Fund Advisor

LCR UDF LIMITED PARTNERSHIP

This public procurement record has 1 release in its history.

Tender

02 Jul 2019 at 13:11

Tender Notice
Summary of the contracting process

The LCR UDF Limited Partnership is currently conducting an open procurement for the position of UDF Fund Advisor, aimed at providing operational services for the LCR Urban Development Fund. The fund has allocated £5,000,000 for research and innovation infrastructure, £10,000,000 for increasing SMEs' growth capacity, and another £10,000,000 for low carbon investments, including energy efficiency projects. The tender was published on 2nd July 2019 and the deadline for submission is set for 25th July 2019. The services will predominantly be delivered in the North West region of the United Kingdom and the contract is expected to commence on 30th September 2019, concluding on 31st December 2023.

This tender presents significant opportunities for businesses engaged in financial and insurance services, especially those with expertise in investment strategy, project development, and compliance monitoring. Small and Medium Enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to apply given the fund's emphasis on enhancing growth capacity and low carbon initiatives. Companies that can demonstrate strong analytical capabilities and a solid network within the relevant sectors will be particularly well-positioned to compete for this contract.

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Notice Information

Notice Title

UDF Fund Advisor

Notice Description

This procurement process is related to the provision of Fund adviser, and operation services for the LCR Urban Development Fund. The fund has 5 000 000 GBP available for Research and Innovation infrastructure and facilities; 10 000 000 GBP for increase growth capacity for SMEs, and 10 000 000 GBP available for low carbon investments such as promoting energy efficiency and renewable energy use in enterprises. In accordance to PA1 (a), PA3 (c), and PA4 (b) as per the England 2014-2020 Operational Programme. The contract includes (but not limited to): * Advising on, and review of, the Investment Strategy. * Support the pipeline development of potential projects through its own network and participation in marketing and promotion of the LCR UDF. * Conducting due diligence, ensuring co-investment, and structuring of investments on eligible projects. * Monitoring compliance and risk in accordance with accountability requirements, and eligibility rules applicable to the investment priorities. * Registering and publishing all notices, statements or other instruments as may be required in relation to the Fund. * Building and overseeing the UDF portfolio to ensure the achievement of eligible expenditure, output and financial returns targets, recommending drawdowns and repayment schemes for the individual investments. * Managing and recommending appropriate exit strategies from relevant investments.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bdf0291e-d5d4-452b-b756-cf6a3aa20a71
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20196 years ago
Submission Deadline
25 Jul 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Sep 2019 - 31 Dec 2023 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LCR UDF LIMITED PARTNERSHIP
Contact Name
Procurement
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

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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