Award

Financial Viability - City Recovery COVID-19 Grant Fund

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

30 Apr 2021 at 10:15

Award Notice
Summary of the contracting process

The City of London Corporation has completed the procurement process for the "Financial Viability - City Recovery COVID-19 Grant Fund," which is aimed at financially supporting small and medium enterprises (SMEs) in London impacted by the Covid-19 pandemic. This service-focused contract, valued at £300,000, was initiated under a Sole Supplier Waiver procurement method and was awarded on 9th April 2021. The contract period extends from 9th April 2021 until 31st January 2022, with a tender period that ended on 8th April 2021.

This opportunity is particularly suitable for businesses in the financial consultancy sector, enabling them to engage with the City of London Corporation in supporting local SMEs' recovery efforts. Companies that can demonstrate a strong understanding of the unique challenges faced by city businesses amidst the pandemic will find this an excellent avenue for growth. The support provided through this grant scheme aims to assist businesses that can effectively showcase their potential sustainability beyond the short term, making responsive and adaptive firms well-positioned to compete.

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Notice Information

Notice Title

Financial Viability - City Recovery COVID-19 Grant Fund

Notice Description

On 11th March 2021 the City Court of Common Council agreed to create a grant fund for City SME Businesses that have been impacted by the Covid-19 Pandemic. The scheme is designed to support businesses which contribute to the City's vibrancy at street level and directly provide services to returning City workers, visitors, and residents. The necessary infrastructure for a successful City has been affected by enforced closure or low footfall and this scheme will seek to support those businesses that can evidence, through the grant application process, a likelihood that with support they have a reasonable chance to survive beyond the short term.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f47b8394-689f-4ac0-b6c7-6d527011a084
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d5fc654b-1bfa-4e53-b0b3-c30d38b13039
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 - Sole Supplier Waiver
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20214 years ago
Submission Deadline
8 Apr 2021Expired
Future Notice Date
Not specified
Award Date
8 Apr 20214 years ago
Contract Period
8 Apr 2021 - 31 Jan 2022 6-12 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
CITY OF LONDON CORPORATION
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
EC2P 2EJ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

CARTER BACKER WINTER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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