Tender

Invitation to Tender and Tender Specification to Provide Legal Services to The North East Fund

THE NORTH EAST FUND LIMITED

This public procurement record has 1 release in its history.

Tender

11 Apr 2022 at 10:31

Tender Notice
Summary of the contracting process

The North East Fund Limited (TNEFL) has issued an Invitation to Tender for the provision of legal services. This procurement, classified under the legal services category (CPV code 79100000), is currently in the active Tender stage. Interested parties must submit their proposals by Noon on 9th May 2022. The services will be provided on an ad hoc basis as required by TNEFL, which operates out of Newcastle upon Tyne (postcode NE1 3PA) and seeks to establish a small panel of two firms of solicitors. The contract is anticipated to commence from 1st June 2022 and will run until 30th June 2024, having been financed in part by the England European Regional Development Fund (ERDF).

This tender presents a significant opportunity for law firms, particularly those specialising in legal services for public sector operations and SMEs, to engage with TNEFL, which manages a venture capital and loan programme for businesses in the North East of England. Small and medium-sized enterprises (SMEs) that are well-versed in public law or investment fund compliance are well-suited to compete in this tender. Firms are encouraged to review the tender documentation to align their proposals with the specific requirements outlined in the Invitation to Tender.

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Notice Information

Notice Title

Invitation to Tender and Tender Specification to Provide Legal Services to The North East Fund

Notice Description

The Contracting Authority for this Tender is The North East Fund Limited (TNEFL), a company limited by guarantee with its registered office at Suite D, Fifth Floor, West One, Forth Banks, Newcastle upon Tyne, NE1 3PA. TNEFL is seeking to appoint a small panel of two firms of solicitors to provide legal advice regarding various aspects of its operations, on an ad hoc basis as required. The North East Fund has been established with funding from: the England European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 (for which the Department for Levelling Up, Housing and Communities is the Managing Authority); the European Investment Bank and from returns on previous North East based, publicly supported investment funds. The members of TNEFL are the seven North East Local Authorities: Durham County Council; Gateshead Council; Newcastle City Council; The Council of the Borough of North Tyneside; Northumberland County Council; South Tyneside Council and Sunderland City Council. These represent the geographic area in which The North East Fund operates and are the Local Authority members of the North East Local Enterprise Partnership, which supported the establishment of TNEFL. TNEFL is the holding fund manager for a venture capital and loan programme which invests in Small and Medium sized Enterprises (SMEs) based in the North East of England. It is the principal investor and a limited partner in five funds which are set up as limited partnerships and which are managed by four independent, FCA authorised fund management companies: Maven Capital Partners; Mercia Asset Management; NEL Fund Managers and Northstar Ventures. An Invitation to Tender document is available with details of the specification of requirements, what to include in your tender proposals and contract terms. The document can be downloaded from Contracts Finder or the news section of TNEFL's website. The closing date by which tender proposals must be submitted is Noon on Monday 9th May 2022.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-30d423fc-94fb-4135-baad-f1b7b1ebcb0e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a76b6fd1-cf38-4f3a-80bf-c7d8b0405d02
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Apr 20223 years ago
Submission Deadline
9 May 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2022 - 30 Jun 2024 2-3 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
THE NORTH EAST FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UPON-TYNE
Postcode
NE1 3PA
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

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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