Award

Consultancy services for new publicly backed venture capital fund

NORTH EAST ACCESS TO FINANCE LIMITED

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Summary of the contracting process

The procurement process involves NORTH EAST ACCESS TO FINANCE LIMITED, which has recently awarded a contract for consultancy services titled "Consultancy services for new publicly backed venture capital fund." This project falls under the financial and insurance services industry category and is based in North East England. The procurement was initiated with action commencing on 12 October 2014 and the contract is scheduled to run until 31 December 2016, though it had initially ended on 30 June 2016. The tender ended on 15 September 2015 and had a financial value of £60,000, with a minimum value of £15,000.

This tender presents significant opportunities for businesses, particularly those in consultancy services related to finance and investment fund management. Small and medium enterprises (SMEs) specialising in financial consultancy, venture capital strategy, or economic development would be well-positioned to compete for similar contracts in the future. The engagement of a consulting firm like Feed Fusion Consulting indicates a demand for experts capable of supporting the development of publicly funded financial instruments in the region.

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Notice Title

Consultancy services for new publicly backed venture capital fund

Notice Description

The contract for consultancy support to assist with the development of a new JEREMIE-type fund in North East England has been awarded to Feed Fusion Consulting. The consultant will report to the Project Lead and work closely with the Project Team. The contract commenced on 12 October 2014 and will run until 30th June 2016, with an option to extend to 31 December 2016.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e2c5c1f3-adc8-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8f44b077-54d1-4c1a-8231-e0de780b6408
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£15,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
15 Sep 2015Expired
Future Notice Date
Not specified
Award Date
11 Oct 201510 years ago
Contract Period
11 Oct 2015 - 31 Dec 2016 1-2 years
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
James Arkless
Contact Email
james.arkless@nea2f.co.uk
Contact Phone
0191 499 8552

Buyer Location

Locality
GATESHEAD
Postcode
NE8 3DF
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
Gateshead
Electoral Ward
Bridges
Westminster Constituency
Gateshead Central and Whickham

Supplier Information

Number of Suppliers
1
Supplier Name

FEED FUSION CONSULTING

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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