Award

Pilot Fund for councils to explore crowdfunding for infrastructure projects

THE DEPARTMENT FOR CULTURE MEDIA & SPORT

This public procurement record has 1 release in its history.

Award

21 Feb 2018 at 14:56

Summary of the contracting process

The contracting process for the "Pilot Fund for councils to explore crowdfunding for infrastructure projects" was initiated by The Department For Culture Media & Sport. This procurement falls under the industry category of financial consultancy services and was completed on 15th February 2018, with a contract period beginning on 16th February 2018 and lasting until 30th April 2019. The procurement was executed through a direct method, specifically a single tender action below the financial threshold, with a total value of £43,000. The delivery addresses for this project are in London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in financial consultancy services, especially those with experience in crowdfunding initiatives. Small and medium-sized enterprises (SMEs) would be particularly well-suited to compete, as the procurement includes criteria favouring their participation. By engaging in projects focused on innovative funding models for local councils, such businesses can expand their portfolios and enhance their visibility within the public sector.

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Notice Title

Pilot Fund for councils to explore crowdfunding for infrastructure projects

Notice Description

Pilot fund to help local councils explore crowdfunding as a way of financing new infrastructure projects.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-763b1053-e8c0-4d7b-9cda-45abcfd32689
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83ea09bd-6690-4434-a550-e8bf30981502
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£43,000 Under £100K
Lots Value
Not specified
Awards Value
£43,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20188 years ago
Submission Deadline
15 Feb 2018Expired
Future Notice Date
Not specified
Award Date
15 Feb 20188 years ago
Contract Period
16 Feb 2018 - 30 Apr 2019 1-2 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
THE DEPARTMENT FOR CULTURE MEDIA & SPORT
Contact Name
Callum Tolladay
Contact Email
callum.tolladay@culture.gov.uk
Contact Phone
020 7211 6824 ext 6824

Buyer Location

Locality
LONDON
Postcode
SW1A 2BQ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LOCAL PARTNERSHIPS

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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