Award

Consultancy services for new publicly backed venture capital fund

NORTH EAST ACCESS TO FINANCE LIMITED

This public procurement record has 2 releases in its history.

Award

17 Jun 2019 at 10:27

Tender

18 Nov 2016 at 20:16

Summary of the contracting process

The procurement process involves North East Access to Finance Limited, seeking consultancy services for the development of a new publicly backed venture capital fund in North East England. The procurement method is classified as a 'limited' process with competitive quotations below the threshold, and it falls under the financial consultancy industry category. The tender period concluded on 15 September 2015, with the contract scheduled to commence on 28 September 2015 and end on 30 June 2016. The estimated value of the contract is £60,000, with a minimum threshold of £15,000.

This tender presents significant opportunities for small and medium enterprises (SMEs) specialising in financial consultancy and related services, particularly those with prior experience in managing publicly-backed venture capital funds. Companies with established networks and knowledge of relevant stakeholders in the financial sector could greatly benefit from participating in this procurement process. Engaging with this process could enhance a business's profile, foster valuable partnerships, and ultimately contribute to sustainable growth within the industry.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Consultancy services for new publicly backed venture capital fund

Notice Description

Consultancy support is required to assist with the development of a new JEREMIE-type fund in North East England. We are seeking a consultancy with detailed knowledge and prior experience of publicly-backed venture capital funds and good existing knowledge of the relevant stakeholders. The appointed consultancy will report directly to the Project Leader and also work closely with the Project Team.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba3d62a9-adc8-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d8d26e99-5ffc-48f5-b7d4-394d3063b2ab
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£20,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jun 20196 years ago
Submission Deadline
15 Sep 2015Expired
Future Notice Date
Not specified
Award Date
24 Sep 201510 years ago
Contract Period
27 Sep 2015 - 30 Jun 2016 6-12 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
NORTH EAST ACCESS TO FINANCE 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)

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

FEED FUSION

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-ba3d62a9-adc8-11e6-9901-0019b9f3037b-2019-06-17T11:27:52+01:00",
    "date": "2019-06-17T11:27:52+01:00",
    "ocid": "ocds-b5fd17-ba3d62a9-adc8-11e6-9901-0019b9f3037b",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "NEA2F/028",
        "title": "Consultancy services for new publicly backed venture capital fund",
        "description": "Consultancy support is required to assist with the development of a new JEREMIE-type fund in North East England. We are seeking a consultancy with detailed knowledge and prior experience of publicly-backed venture capital funds and good existing knowledge of the relevant stakeholders. The appointed consultancy will report directly to the Project Leader and also work closely with the Project Team.",
        "datePublished": "2015-09-01T16:13:59+01:00",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66170000",
            "description": "Financial consultancy, financial transaction processing and clearing-house services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "North East",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "North East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 15000,
            "currency": "GBP"
        },
        "value": {
            "amount": 60000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Competitive quotation (below threshold)",
        "tenderPeriod": {
            "endDate": "2015-09-15T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2015-09-28T00:00:00+01:00",
            "endDate": "2016-06-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/fc12f9eb-6662-48d6-ad0a-9a3c097bffc5",
                "datePublished": "2015-09-01T16:13:59+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "application/msword",
                "description": "NEA2F Standard Terms",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/8e9b8d50-b8b6-411c-8197-2d7fbaa03ee9",
                "format": "application/msword"
            },
            {
                "id": "3",
                "documentType": "application/vnd.openxmlformats-officedocument.wordprocessingml.document",
                "description": "Invitation to Tender",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/0cc585d3-c911-4c7a-9b89-14297f8a1df5",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            }
        ],
        "procurementMethod": "limited"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/jYEB52BV",
            "name": "NORTH EAST ACCESS TO FINANCE LIMITED",
            "identifier": {
                "legalName": "NORTH EAST ACCESS TO FINANCE LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/jYEB52BV"
            },
            "address": {
                "streetAddress": "1st Floor, 33 Grey Street",
                "locality": "Newcastle upon Tyne",
                "postalCode": "NE1 6EE",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Estelle Blanks",
                "email": "estelle.blanks@jeremie2.org",
                "telephone": "0191 211 2300"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-118429",
            "name": "Feed Fusion",
            "identifier": {
                "legalName": "Feed Fusion"
            },
            "address": {
                "streetAddress": "22 Oaklands Newcastle upon Tyne NE3"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/jYEB52BV",
        "name": "NORTH EAST ACCESS TO FINANCE LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-ba3d62a9-adc8-11e6-9901-0019b9f3037b-1",
            "status": "active",
            "date": "2015-09-25T00:00:00+01:00",
            "datePublished": "2019-06-17T11:27:52+01:00",
            "value": {
                "amount": 20000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-118429",
                    "name": "Feed Fusion"
                }
            ],
            "contractPeriod": {
                "startDate": "2015-09-28T00:00:00+01:00",
                "endDate": "2016-06-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/d8d26e99-5ffc-48f5-b7d4-394d3063b2ab",
                    "datePublished": "2019-06-17T11:27:52+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "application/msword",
                    "description": "NEA2F Standard Terms",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/e69d5bd5-da98-4fd5-967f-631323aa5bbe",
                    "format": "application/msword"
                },
                {
                    "id": "3",
                    "documentType": "application/vnd.openxmlformats-officedocument.wordprocessingml.document",
                    "description": "Invitation to Tender",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/ccbd7cd0-1499-49ac-88dc-e8bef5b1c89d",
                    "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
                }
            ]
        }
    ]
}