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Contract Timeline
- Publication Date
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2nd December 2024 11:00:17 AM
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Contract Summary
We are inviting law firms to tender to provide legal services to NEA2F and its group companies including North East Finance Holdco Limited. We will need a mixture of general commercial advice and more specialised advice relating to public sector investment funds. Details of the application process and the full specification of requirements are set out in the Invitation to Tender document. This is a sub-threshold procurement for a three year contract, commencing November 2024. The contract term could be extended, but we will have the right to terminate on three months' notice. We reserve the right to procure other legal support if necessary. NEA2F's remit includes: • Stewardship of returns from publicly backed investment funds in North East England, including overseeing fund realisations. • Working with stakeholders and policy makers to provide a co-ordinated strategy on Access to Finance in North East England. • Planning and supporting the implementation of new funds to ensure continuity of provision in the region. • Overseeing the re-deployment of legacy returns from investment funds in the region into new funds and initiatives to support SMEs. The group includes North East Finance Holdco Limited, the holding fund manager for the Finance for Business North East Fund. This fund invested £160m in SMEs across North East England and our focus is now on realising these investments and generating a cash legacy to fund future investment programmes.
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Contract Details
- Open Contracting ID
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ocds-b5fd17-e8132b2c-e857-4649-b459-5e0ddab72c51
- Publication Source
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Contracts Finder
- Procurement Stage
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Award
- Procurement Method
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Open
- Procurement Method Details
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Open Procedure (below Threshold)
- Procurement Category
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Services
- Tender Suitability
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- Framework / DPS
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Contract Classification
- CPV Code(s)
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79100000
- CPV Division(s)
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79 - Business services: law, marketing, consulting, recruitment, printing and security
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Awarding Authority
- Buyer Name
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James Arkless
- Buyer Email
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james.arkless@nea2f.co.uk
- Buyer Phone
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0191 499 8552
- Buyer Address
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3rd Floor, Baltimore House, Abbots Hill
Gateshead
NE8 3DF
England
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Awarded Supplier(s)
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Contract Timeline
- Publication Date
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5th September 2024 12:02:33 PM
- Tender Deadline
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10th October 2024 11:00:00 AM Expired
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Contract Summary
We are inviting law firms to tender to provide legal services to NEA2F and its group companies including North East Finance Holdco Limited. We will need a mixture of general commercial advice and more specialised advice relating to public sector investment funds. Details of the application process and the full specification of requirements are set out in the Invitation to Tender document. This is a sub-threshold procurement for a three year contract, commencing November 2024. The contract term could be extended, but we will have the right to terminate on three months' notice. We reserve the right to procure other legal support if necessary. NEA2F's remit includes: • Stewardship of returns from publicly backed investment funds in North East England, including overseeing fund realisations. • Working with stakeholders and policy makers to provide a co-ordinated strategy on Access to Finance in North East England. • Planning and supporting the implementation of new funds to ensure continuity of provision in the region. • Overseeing the re-deployment of legacy returns from investment funds in the region into new funds and initiatives to support SMEs. The group includes North East Finance Holdco Limited, the holding fund manager for the Finance for Business North East Fund. This fund invested £160m in SMEs across North East England and our focus is now on realising these investments and generating a cash legacy to fund future investment programmes.
-
Contract Details
- Open Contracting ID
-
ocds-b5fd17-e8132b2c-e857-4649-b459-5e0ddab72c51
- Publication Source
-
Contracts Finder
- Procurement Stage
-
Tender
- Procurement Method
-
Open
- Procurement Method Details
-
Open Procedure (below Threshold)
- Procurement Category
-
Services
- Tender Suitability
-
- Framework / DPS
-
Contract Classification
- CPV Code(s)
-
79100000
- CPV Division(s)
-
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
Awarding Authority
- Buyer Name
-
James Arkless
- Buyer Email
-
james.arkless@nea2f.co.uk
- Buyer Phone
-
0191 499 8552
- Buyer Address
-
3rd Floor, Baltimore House, Abbots Hill
Gateshead
NE8 3DF
England