Award

HCC 12/18 - The Provision of a Fund Management Services to Deliver as Growing Business Fund to Provide SME Loan and Grant Scheme in Hertfordshire - AWARD

SUPPLY HERTFORDSHIRE

This public procurement record has 2 releases in its history.

AwardUpdate

26 Sep 2019 at 10:57

Award

24 Sep 2019 at 11:09

Summary of the contracting process

The procurement process involves Supply Hertfordshire, which has initiated a tender titled "HCC 12/18 - The Provision of a Fund Management Services to Deliver as Growing Business Fund to Provide SME Loan and Grant Scheme in Hertfordshire." This contract falls under the financial and insurance services industry category, specifically focusing on banking and investment services. The tender period ended on 21 January 2019, with the awarded contract effective from 1 April 2019 until 31 March 2022. The total estimated value of the contract ranges from £315,000 to £735,000, with the procurement method classified as an open procedure.

This tender represents a significant opportunity for small and medium-sized enterprises (SMEs) that specialise in fund management and financial services. With the emphasis on providing loan and grant schemes to support SMEs in Hertfordshire, businesses well-versed in banking and investment services are encouraged to compete. Such firms can leverage this contract to grow their service capabilities, enhance their market presence, and contribute to the local economic development fostered through this fund management initiative.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

HCC 12/18 - The Provision of a Fund Management Services to Deliver as Growing Business Fund to Provide SME Loan and Grant Scheme in Hertfordshire - AWARD

Notice Description

OJEU Contract Notice number: 2018/s 242- 552820 OJEU Award Notice number: 2019/5110-269661 Estimated total value of the contract: 315,000 to 735,000

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-41070d40-e180-4f43-8574-548970061379
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/27c16e36-6580-4e96-a65a-5fe8fdf2d4a8
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

66000000 - Financial and insurance services

66100000 - Banking and investment services

66110000 - Banking services

66120000 - Investment banking services and related services

66150000 - Financial markets administration services

Notice Value(s)

Tender Value
£735,000 £500K-£1M
Lots Value
Not specified
Awards Value
£735,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20196 years ago
Submission Deadline
21 Jan 2019Expired
Future Notice Date
Not specified
Award Date
26 Mar 20196 years ago
Contract Period
31 Mar 2019 - 31 Mar 2022 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
SUPPLY HERTFORDSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HERTFORDSHIRE
Postcode
SG13 8DE
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
East Hertfordshire
Electoral Ward
Hertford Castle
Westminster Constituency
Hertford and Stortford

Supplier Information

Number of Suppliers
1
Supplier Name

FSE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-41070d40-e180-4f43-8574-548970061379-2019-09-26T11:57:14+01:00",
    "date": "2019-09-26T11:57:14+01:00",
    "ocid": "ocds-b5fd17-41070d40-e180-4f43-8574-548970061379",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "HCC1811094 - AWARD",
        "title": "HCC 12/18 - The Provision of a Fund Management Services to Deliver as Growing Business Fund to Provide SME Loan and Grant Scheme in Hertfordshire - AWARD",
        "description": "OJEU Contract Notice number: 2018/s 242- 552820 OJEU Award Notice number: 2019/5110-269661 Estimated total value of the contract: 315,000 to 735,000",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66100000",
                "description": "Banking and investment services"
            },
            {
                "scheme": "CPV",
                "id": "66110000",
                "description": "Banking services"
            },
            {
                "scheme": "CPV",
                "id": "66120000",
                "description": "Investment banking services and related services"
            },
            {
                "scheme": "CPV",
                "id": "66150000",
                "description": "Financial markets administration services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SG13 8DE"
                    },
                    {
                        "region": "East of England",
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "SG13 8DE"
                    },
                    {
                        "region": "East of England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 315000,
            "currency": "GBP"
        },
        "value": {
            "amount": 735000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2019-01-21T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2019-04-01T00:00:00+01:00",
            "endDate": "2022-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-2397",
            "name": "Supply Hertfordshire",
            "identifier": {
                "legalName": "Supply Hertfordshire"
            },
            "address": {
                "streetAddress": "Pegs Lane, Hertford",
                "locality": "Hertfordshire",
                "postalCode": "SG13 8DE",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Zoe Upson (HCC)",
                "email": "zoe.upson@hertfordshire.gov.uk",
                "telephone": "01707 292463"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-126730",
            "name": "FSE CIC",
            "identifier": {
                "legalName": "FSE CIC"
            },
            "address": {
                "streetAddress": "Riverside House , 4 Meadows Business Park Station Approach, Blackwater, Camberley, Surrey, United Kingdom, GU17 9AB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-2397",
        "name": "Supply Hertfordshire"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-41070d40-e180-4f43-8574-548970061379-1",
            "status": "active",
            "date": "2019-03-26T00:00:00Z",
            "datePublished": "2019-09-26T11:57:14+01:00",
            "value": {
                "amount": 735000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-126730",
                    "name": "FSE CIC"
                }
            ],
            "contractPeriod": {
                "startDate": "2019-04-01T00:00:00+01:00",
                "endDate": "2022-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/27c16e36-6580-4e96-a65a-5fe8fdf2d4a8",
                    "datePublished": "2019-09-26T11:57:14+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}