Award

GB-London: Future of subsidy for Blended Finance

DEPARTMENT FOR DIGITAL, CULTURE, MEDIA AND SPORT

This public procurement record has 1 release in its history.

Award

11 Jan 2022 at 12:45

Award Notice
Summary of the contracting process

The Department for Digital, Culture, Media and Sport (DCMS) has completed a public procurement process for the contract titled "Future of subsidy for Blended Finance," aiming to conduct a review into subsidy options within the social investment sector. This project falls under the financial consultancy services category and aims to provide recommendations to policymakers and the social investment market. The contract commenced on 4 January 2022 and will end on 31 May 2022. Tenders for this project were submitted via an open procurement method, with a submission deadline of 10:00hrs (GMT) on 15 December 2021.

This procurement opportunity offers significant potential for business growth, particularly for small and medium enterprises (SMEs) that specialise in financial consultancy services. Businesses that excel in research and policy analysis, especially within the social investment sector, would be well-suited to participate in similar tenders. By engaging in such contracts, these businesses can enhance their market presence and contribute valuable insights to the development of blended finance strategies.

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Notice Information

Notice Title

GB-London: Future of subsidy for Blended Finance

Notice Description

The Department for Digital, Culture, Media and Sport (DCMS) is seeking to appoint a Supplier to conduct a research-based review into the future of subsidy into blended finance interventions within the social investment sector. The key objective of this review is to provide DCMS, policymakers, and the social investment market with a clear recommended route forward. The review should not assume that further intervention is needed, but instead analyse the case for intervention, and run a detailed options appraisal of a range of policy options, including the option of no further intervention. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. Tenders must be submitted via the Delta e-sourcing portal to be received no later than 10:00hrs (GMT), 15th December 2021 (the deadline for receipt of Tender Responses). Please ensure that you allow yourself plenty of time when responding to this invite prior to the closing date and time, especially if you have been asked to upload documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bb8b51bf-2a05-4d23-acd7-8b382482dd63
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6250e4b0-9f2b-4125-b185-4f70c9e485c2
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, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£71,440 Under £100K
Lots Value
Not specified
Awards Value
£71,440 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jan 20224 years ago
Submission Deadline
22 Dec 2021Expired
Future Notice Date
Not specified
Award Date
22 Dec 20214 years ago
Contract Period
4 Jan 2022 - 31 May 2022 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
DEPARTMENT FOR DIGITAL, CULTURE, MEDIA AND 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

NEW PHILANTHROPY CAPITAL

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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