Award

PURCON617 Fund Management for Venture Capital Funds - AWARD

UNIVERSITY OF EAST ANGLIA

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Award Notice
Summary of the contracting process

The University of East Anglia is seeking to establish a framework for fund managers to provide portfolio management services for various investment funds aimed at early-stage investments in SMEs focused on low carbon goods and services. This tender, titled "PURCON617 Fund Management for Venture Capital Funds - AWARD", falls under the investment banking services industry category (CPV code 66120000) and is located in Norfolk, United Kingdom. The procurement process utilised is an open procedure, and the contract period is set to run from 24 March 2016 until 31 December 2019. The award date for this contract was on 24 February 2016.

This tender presents significant growth opportunities for businesses specialising in fund management, particularly those that cater to early-stage investments in sustainable initiatives. Companies that have experience in managing investment funds and a strong understanding of low carbon economies will find themselves well-suited to compete. With the project’s focus on developing a portfolio for diverse investment sources, businesses capable of delivering innovative financial solutions and services will be particularly advantageous in this bidding process.

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Notice Information

Notice Title

PURCON617 Fund Management for Venture Capital Funds - AWARD

Notice Description

The contracting authority is seeking to develop a framework of fund managers to deliver fund portfolio management services for a range of investment funds, from a variety of sources. The services will be for early stage investments into SMEs and other eligible companies, developing low carbon goods and services and/ or growing, developing or expanding in a manner consistent with the progression to a low carbon economy. There is no clear idea as to how much will be spent with the fund manager(s) as this is dependant on the value of the fund. However ERDF guidance suggests not more than 3% of the value of the fund can be spent on the fund manager per annum.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/42ee741c-f3a8-4211-98d9-ee5ceed8c981
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

66120000 - Investment banking services and related services

66140000 - Portfolio management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
23 Nov 2015Expired
Future Notice Date
Not specified
Award Date
24 Feb 201610 years ago
Contract Period
24 Mar 2016 - 31 Dec 2019 3-4 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
UNIVERSITY OF EAST ANGLIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORFOLK
Postcode
NR4 7TJ
Post Town
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Norwich
Electoral Ward
University
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
3
Supplier Names

350 INVESTMENT PARTNERS

ENTERPRISE VENTURES

TURQUOISE INTERNATIONAL

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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