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Cheshire and Warrington Combined Authority - Mayoral Investment Fund Phase 2 Support

Cheshire West and Chester Council

This public procurement record has 1 release in its history.

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19 Oct 2026 at 12:14

UK7 - Contract Details Notice
Summary of the contracting process

Cheshire West and Chester Council procured temporary investment-management support for the Cheshire and Warrington Combined Authority’s Mayoral Investment Fund Phase 2. The service is intended to bridge the period before a permanent Mayoral Investment Fund and dedicated investment team are established. The work covers managing and refining the existing investment pipeline, delivering early investment activity and visible outcomes, testing proportionate governance and assessment arrangements, building awareness of emerging investment principles and priorities among partner organisations, and identifying further strategic opportunities for consideration. This is a professional investment and strategic advisory service, classified under banking and investment services. Delivery is in the United Kingdom, for the Combined Authority and its partner organisations.

The procurement is complete and a supplier has been selected. Cheshire West and Chester Council used a below-threshold direct award without competition. FMK Strategic Consulting Limited was awarded the contract; it is active and was signed on 16 October 2026. The contract runs from 16 October 2026 to 15 June 2027. Its value is £80,000 excluding VAT (£96,000 including VAT). The procurement was for a single lot. The stated requirement focuses on temporary investment capacity and delivery of early activity while longer-term fund arrangements and strategy are developed; no separate scored evaluation criteria are recorded in the process information.

For a future requirement of this kind, credible suppliers will need practical investment expertise that can be applied quickly to an existing public-sector pipeline, rather than offering general financial advice alone. The work demands the ability to assess and refine potential investments, help move early opportunities towards visible outcomes, and provide proportionate governance and assessment processes. Suppliers should also be able to engage partner organisations, explain emerging investment principles and priorities, and identify strategic opportunities for further consideration. The selected supplier is a specialist strategic consulting business, indicating that focused advisory capability can meet this requirement; the service does not inherently depend on a large delivery workforce. Experience working with public bodies and collaborative regional programmes would help a competitor demonstrate an understanding of the Combined Authority’s transitional investment needs.

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Notice Information

Notice Title

Cheshire and Warrington Combined Authority - Mayoral Investment Fund Phase 2 Support

Notice Description

Mayoral Investment Fund Phase 2 Support The Combined Authority intends to establish a permanent Mayoral Investment Fund, supported by dedicated investment professionals, following the election of the Mayor and development of the Authority's longer-term investment strategy. Pending establishment of these arrangements, the Combined Authority requires a temporary investment function capable of: * Managing and refining the existing investment pipeline * Delivering early investment activity and visible outcomes * Testing proportionate governance and assessment arrangements * Building awareness of emerging investment principles and priorities across partner Organisations * Identifying additional strategic opportunities that may warrant future consideration

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078aa5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/098434-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£80,000 Under £100K

Notice Dates

Publication Date
19 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 Oct 2026 - 15 Jun 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Cheshire West and Chester 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
ELLESMERE PORT
Postcode
CH65 0BA
Postcode Area
Chester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD63 Cheshire West and Chester
Delivery Location
Not specified
Local Authority
Cheshire West and Chester
Electoral Ward
Central & Grange
Westminster Constituency
Ellesmere Port and Bromborough

Supplier Information

Number of Suppliers
1
Supplier Name

FMK Strategic Consulting Ltd

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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