Tender

Enterprise M3 Fund Management

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 4 releases in its history.

TenderAmendment

26 Feb 2018 at 11:04

TenderAmendment

30 Jan 2018 at 10:27

TenderAmendment

30 Jan 2018 at 10:27

Tender

19 Jan 2018 at 10:23

Summary of the contracting process

The procurement process titled "Enterprise M3 Fund Management" is being undertaken by Hampshire County Council, with the aim of securing a qualified supplier to oversee the fund management contract and administer various financial funds including loans and equity. This tender is categorised under banking and investment services, with the procurement method being an open procedure above the threshold. The tender period is set to conclude on 5th March 2018, and the contract is expected to commence on 18th June 2018, running until 17th June 2021. The relevant delivery address is located in the South East region of the United Kingdom.

This tender presents a significant opportunity for businesses operating in the financial services sector, particularly those with expertise in fund management, investment banking, and financial administration. Suitable applicants include small and medium-sized enterprises (SMEs) that can demonstrate their ability to manage and administer complex funding arrangements. By successfully bidding for this contract, businesses could not only secure a long-term partnership with a local enterprise partnership but also contribute to economic growth initiatives in the region.

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Notice Title

Enterprise M3 Fund Management

Notice Description

Enterprise M3 LEP is looking to procure a suitably qualified supplier to manage the Fund Management contract and administer loan, equity and short-term trade finance funds. Enterprise M3 is a business-led local enterprise partnership, one of 38 in England, which is working to secure economic growth at the sub-national level. The LEP brings together leaders from the business, public and not-for-profit sectors and provides the vision, knowledge and strategic leadership needed to drive sustainable private sector growth. Since July 2014, Enterprise M3 has operated a loan and equity fund known as the Enterprise M3 Funding Escalator which was funded through the Enterprise M3 Growing Enterprise Fund. The investment period for the Funding Escalator comes to an end in June 2018 and Enterprise M3 are currently looking to secure a provider who can administer a larger and more complex fund from June 2018 onwards and enter into the Enterprise M3 the Fund Management contract for that purpose. No further information is available at present. You are however able to express your interest in the project via the In-Tend website https://in-tendhost.co.uk/hampshire, and locating this prior information notice, in the tenders tab, then Current and scroll down to the project. Once the tender is live (mid January 2018), you will receive notification to view the tender documentation. Additional information: Is a Recurrent Procurement Type? : Yes

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c33f51a2-e114-4f27-9570-b1704b3d1690
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b1892b82-1904-45e0-9121-77ab282f009a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 20187 years ago
Submission Deadline
5 Mar 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
17 Jun 2018 - 17 Jun 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY COUNCIL
Contact Name
Elina Tudor
Contact Email
elina.tudor@hants.gov.uk
Contact Phone
01962 845207

Buyer Location

Locality
HAMPSHIRE
Postcode
SO23 8UL
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ South East (England)

Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

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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