Award

GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 4

MIDLANDS ENGINE INVESTMENT LIMITED

This public procurement record has 1 release in its history.

Award

13 Jul 2018 at 15:00

Award Notice
Summary of the contracting process

The procurement process managed by Midlands Engine Investment Limited involved the tender titled "GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 4." This contract, within the financial services industry, was located in Sheffield, UK. It concerns the provision of investment banking and related services with an estimated value of £23 million. The procurement stage is now complete, with the tender period having ended on 12th December 2017, and the contract period spanning from 19th February 2018 to 19th February 2028.

This tender presents significant opportunities for growth, particularly for large-scale enterprises specialising in investment banking, corporate finance, and venture capital services. Companies capable of managing substantial funds, especially within a range of £20 million to £40 million, would be ideally positioned to compete effectively. The experience in handling similar fund management contracts will be advantageous for potential suppliers aiming to secure existing and future opportunities within this framework.

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Notice Information

Notice Title

GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 4

Notice Description

Midland Engine Investments Limited has conducted this procurement for a fund manager for:- Lot 4 Proof of concept and early stage fund within the framework range value of PS20m to PS40m across a number of funds

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-461f1e6f-c272-41ae-812b-3e3900187471
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1fe9f9fe-1586-4c87-b9e7-c1c26c0a9abd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
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

66120000 - Investment banking services and related services

66122000 - Corporate finance and venture capital services

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
£23,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£23,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20187 years ago
Submission Deadline
12 Dec 2017Expired
Future Notice Date
Not specified
Award Date
12 Dec 20178 years ago
Contract Period
19 Feb 2018 - 19 Feb 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MIDLANDS ENGINE INVESTMENT 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
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

ENTERPRISE VENTURES

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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