Award

ESIF Internationalisation Fund Administration Services

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

17 Jun 2021 at 15:47

Award

07 Aug 2020 at 12:32

Summary of the contracting process

The Department for International Trade (DIT) in London is seeking a service provider for the "ESIF Internationalisation Fund Administration Services", aimed at managing the fund administration of four European Structural and Investment Fund projects totalling approximately £35.7 million over three years. The contract, estimated between £2.2 million and £3.6 million, offers an average grant size of £5,000, which will facilitate over 7,000 fund awards to small and medium-sized enterprises (SMEs) across England. The procurement method is a selective procedure, and the contract period spans from 3rd August 2020 to 3rd August 2023, with relevant documentation published on 7th August 2020.

This tender presents significant opportunities for SMEs and businesses focused on administrative services that can effectively manage fund appraisal processes and comply with ESIF regulations. Companies that provide fund management solutions, particularly those with established relationships or experience working with regional International Trade Adviser partners, would be well-suited to compete. Engaging in this contract can enhance visibility and growth potential in the public procurement landscape, especially in sectors related to fund administration and economic development.

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Notice Title

ESIF Internationalisation Fund Administration Services

Notice Description

The DIT is seeking a service provider to manage the Fund Administration of 4 DIT European Structural and Investment Fund (ESIF) projects delivering 'Internationalisation Funds' to small and medium sized enterprises (SMEs) in England. The combined value of the ESIF projects is c. 35 700 000 GBP over 3 years, but there is the potential for the value to increase if more ESIF funding is made available. These projects will provide co-investment funding to SMEs, subject to meeting the relevant criteria for that project. Average fund (grant) size is expected to be c. 5 000 GBP, which suggests over 7 000 successful fund awards to SMEs will be required over the contract period. The Fund Administrator will be responsible for the full SME fund appraisal, award and payment process. They will be required to develop and administer a process that is fully ESIF compliant. In delivering the Internationalisation Funds the service provider will be required to work closely with DIT's regional International Trade Adviser (ITA) delivery partners, who will be responsible for delivering the pipeline of eligible and suitable SME applicants for the projects. Estimated total contract value range is 2 200 000 GBP to 3 600 000 GBP (excluding TUPE costs and inflation). The upper value includes deployment of additional services subject to increased funding. The contract will be awarded on the basis of the most economically advantageous tender, in accordance with the criteria stated in the procurement documents.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39968298-bf7a-4c73-b1c9-ac23b80312f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/884fd1a0-ad97-47ae-8358-677694fc56ee
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services


CPV Codes

75100000 - Administration services

Notice Value(s)

Tender Value
£2,670,163 £1M-£10M
Lots Value
Not specified
Awards Value
£2,670,163 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jun 20214 years ago
Submission Deadline
21 Jan 2020Expired
Future Notice Date
Not specified
Award Date
2 Aug 20205 years ago
Contract Period
2 Aug 2020 - 3 Aug 2023 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
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0LT
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITA BUSINESS SERVICES

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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