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Invitation to Quote to provide IMPACT (Investing More Productively for A Certain Tomorrow) Feasibility Study

Norfolk County Council

This public procurement record has 1 release in its history.

Tender

04 Aug 2022 at 12:10

Tender Notice
Summary of the contracting process

The Norfolk County Council has issued a tender titled "Invitation to Quote to provide IMPACT (Investing More Productively for A Certain Tomorrow) Feasibility Study". This procurement, classified under the financial and insurance services category, is located in Norwich, UK. The current stage of the procurement process is active, with quotes due by 5th September 2022. The contract is valued at £30,000 and is intended to explore the viability of funding models for business growth through a revolving loan fund approach, starting from the contract period beginning 19th September 2022 and ending 18th December 2022.

This tender presents an excellent opportunity for businesses focused on financial consultancy and research and development consultancy services to engage with local authorities. Companies well-suited to apply include SMEs and voluntary, community, and social enterprises (VCSEs) that specialise in economic development and funding structures. Successful delivery of the feasibility study could foster long-term collaborations and lead to further projects aimed at enhancing business growth within the region.

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Notice Information

Notice Title

Invitation to Quote to provide IMPACT (Investing More Productively for A Certain Tomorrow) Feasibility Study

Notice Description

Norfolk County Council wishes to award a contract to a provider to deliver a feasibility study into local authority backed revolving loan fund models that finance business growth, assessing the range of models and their viability. Economic development funding landscapes are changing; this feasibility study will explore the viability of new funding vehicles that support business growth and allow for sustained impact of the money available, by delivery through a revolving fund. This will allow for a discrete pot of public money to deliver funding and economic growth on a sustained basis. Additional information: Please register on in-tend https://in-tendhost.co.uk/norfolkcc/aspx/Home Once registered you will be able to download the documents, ask clarification questions using the correspondence facility view clarifications and submit your quote return. Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f43b31e5-8145-469d-83c1-c6f3f6dd3d60
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c164e30e-3ceb-4571-a500-f73adbc5f7c6
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

CPV Codes

66000000 - Financial and insurance services

66171000 - Financial consultancy services

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 20224 years ago
Submission Deadline
5 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
19 Sep 2022 - 18 Dec 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Norfolk County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORFOLK
Postcode
NR1 2DH
Postcode Area
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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