Award

Consultancy Services to Undertake Final Evaluation of English JEREMIE Funds

NORTH EAST FINANCE (HOLDCO) LIMITED

This public procurement record has 2 releases in its history.

Award

30 Nov 2018 at 13:07

Award Notice
Tender

16 Oct 2018 at 11:20

Tender Notice
Summary of the contracting process

The procurement process involves North East Finance (Holdco) Limited seeking consultancy services to undertake a final evaluation of the English JEREMIE Funds. This project falls under the business and management consultancy services category and is located in the North East, North West, and Yorkshire and the Humber regions of the United Kingdom. The tender period ended on 7th November 2018, while the contract is set to commence on 20th November 2018 and conclude on 30th April 2019. The total contract value is £75,000, with a minimum value of £5,000. The procurement was carried out through an open procedure below threshold.

This tender presents a significant opportunity for business growth, particularly for consultancy firms with expertise in economic evaluations and impact assessments. Companies that specialise in management consultancy and those capable of delivering detailed analyses of venture capital funds would be well-suited to compete for this contract. Engaging in this process could enhance visibility and credibility for SMEs in the sector, providing a platform to showcase their competencies and contribute valuable insights into the economic impacts of these funds.

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Notice Information

Notice Title

Consultancy Services to Undertake Final Evaluation of English JEREMIE Funds

Notice Description

North West Business Finance, Finance Yorkshire and North East Finance are seeking to commission an independent evaluator to carry out a final evaluation of their JEREMIE venture capital and loan funds. This is a requirement of their European Regional Development Fund funding. As with a mid-term evaluation exercise which was undertaken in 2013, it has been agreed that one firm of consultants should conduct all three reviews. The final evaluation will build on the 2013 review, assessing the individual performance of each Fund. It will consider wider economic impact, local added value and identify overarching policy lessons which can be drawn from the performance. The review will comprise: 1. three separate, stand-alone reports on the performance and cumulative achievements of each of the holding funds and portfolio of sub-funds; and 2. an overall summary report which: a. sets out the main conclusions of the three Holding Fund reviews; b. evaluates the collective achievements of the three Northern JEREMIE Funds and their economic impacts and impact on business growth, (performance) productivity and jobs; and c. describes any best practices identified and lessons learnt from across the three Funds specifically and the JEREMIE/Holding Fund concept generally. Additional information: If you may be interested in providing the services required for this contract, please review the Invitation to Tender (ITT) document. Interested parties are required to submit a written tender document, providing responses to the questions set out in the ITT, by noon on Wednesday 7th November 2018 - in accordance with the instructions set out in the ITT document.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b6c42326-1c58-4e29-9756-90f46f14e6c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fd1fa9d3-9fa5-43a9-a3db-95d40d249dcf
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£69,405 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20187 years ago
Submission Deadline
7 Nov 2018Expired
Future Notice Date
Not specified
Award Date
13 Nov 20187 years ago
Contract Period
20 Nov 2018 - 31 Mar 2019 1-6 months
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
NORTH EAST FINANCE (HOLDCO) 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
NEWCASTLE UPON TYNE
Postcode
NE1 6EE
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

HATCH REGENERIS

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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