Award

Feasibility Study: An Impact Investing Product to Address the UK's Levelling Up Agenda.

DEPARTMENT FOR CULTURE MEDIA & SPORT

This public procurement record has 1 release in its history.

Award

02 Feb 2021 at 14:32

Summary of the contracting process

The procurement process pertains to a feasibility study titled "Feasibility Study: An Impact Investing Product to Address the UK's Levelling Up Agenda," initiated by the Department For Culture Media & Sport (DCMS) based in London. This process falls under the "Research and development services and related consultancy services" category and is at the award stage, with the contract for £337,600 awarded on 21 February 2020. The contract period is set from 4 January 2021 to 31 March 2021. This tender utilised a selective procurement method as a mini competition under the CCS Framework RM6008 Lot 4, with the tender period ending on 14 December 2020.

This opportunity provides a significant avenue for business growth, particularly for small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) that possess expertise in impact investing and research consultancy. These businesses can engage in developing innovative financial models that facilitate private investment aligned with the government’s levelling up agenda, potentially unlocking funding for diverse assets and social enterprises across the UK.

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How relevant is this notice?

Notice Title

Feasibility Study: An Impact Investing Product to Address the UK's Levelling Up Agenda.

Notice Description

DCMS would like to explore the potential for the financial markets to unlock private investment to invest in assets, businesses and social enterprises that directly address the government's levelling up agenda. Research is being commissioned to support this ambition. This tender is being run as a mini competition under CCS Framework RM6008 Lot 4 with all suppliers being invited to participate.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-86f6deff-93b9-49aa-b6ff-ffb93efcd770
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7dd04482-7981-4763-8718-6c8cc6d40650
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£350,000 £100K-£500K
Lots Value
Not specified
Awards Value
£337,600 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Feb 20215 years ago
Submission Deadline
14 Dec 2020Expired
Future Notice Date
Not specified
Award Date
21 Feb 20206 years ago
Contract Period
4 Jan 2021 - 31 Mar 2021 1-6 months
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 CULTURE MEDIA & SPORT
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
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

OLIVER WYMAN

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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