Notice Information
Notice Title
Fund Management Services for the Scottish Government as part of the Scottish Growth Scheme
Notice Description
The Scottish Ministers are seeking to appoint fund managers to deliver microfinance, debt, and equity fund management services for the SME Holding Fund, a Fund-of-Funds which is part financed by the European Regional Development Fund and the 2014-2020 European Structural and Investment Fund Programmes in Scotland) The allocation of funding can be aloocated within the tender documents.
Lot Information
Microfinance
The Scottish Government are seeking to appoint a fund manager who will provide lending in the range up to 25,000 to start-ups and SMEs with growth ambitions employing less than 10 staff
DebtWe are seeking to appoint a maximum of three fund managers who will provide lending to SMEs with growth and/or export potential in the following ranges: 25,000 - 100,000; and 100,000 - 1 million.
Early Stage EquityWe are seeking to appoint a maximum of two fund managers who will provide equity investment of 20,000 - 2 million within a deal ceiling of 10 million to SMEs with high growth and export potential.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000543888
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN321667
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- OJEU - F14 - Corrigendum
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66122000 - Corporate finance and venture capital services
Notice Value(s)
- Tender Value
- £9,500,000 £1M-£10M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 6 Jun 20187 years ago
- Submission Deadline
- 5 Jul 2018Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- SCOTTISH GOVERNMENT
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- GLASGOW
- Postcode
- G2 8LU
- Post Town
- Glasgow
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM3 West Central Scotland
- Small Region (ITL 3)
- TLM32 Glasgow City
- Delivery Location
- TLM Scotland
-
- Local Authority
- Glasgow City
- Electoral Ward
- Anderston/City/Yorkhill
- Westminster Constituency
- Glasgow North
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN320819
Fund Management Services for the Scottish Government as part of the Scottish Growth Scheme - The Scottish Ministers are seeking to appoint fund managers to deliver microfinance, debt, and equity fund management services for the SME Holding Fund, a Fund-of-Funds which is part financed by the European Regional Development Fund and the 2014-2020 European Structural and Investment Fund Programmes in Scotland) The allocation of funding can be aloocated within the tender documents.
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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"description": "The contract start date is likely to be 01/08/18 expiring 31/07/25 ESPD will be scored on a pass / fail basis. Question Scoring Methodology for Award Criteria outlined in invitation to tender: 0 -- Unacceptable. Nil or inadequate response. Fails to demonstrate an ability to meet the requirement. 1 -- Poor. Response is partially relevant but generally poor. The response addresses some elements of therequirement but contains insufficient/limited detail or explanation to demonstrate how the requirement will befulfilled. 2 -- Acceptable. Response is relevant and acceptable. The response addresses a broad understanding of therequirement but may lack details on how the requirement will be fulfilled in certain areas. 3 -- Good. Response is relevant and good. The response is sufficiently detailed to demonstrate a goodunderstanding and provides details on how the requirements will be fulfilled. 4 -- Excellent. Response is completely relevant and excellent overall. The response is comprehensive,unambiguous and demonstrates a thorough understanding of the requirement and provides details of how therequirement will be met in full. Bidders must complete the ESPD (Scotland) to demonstrate adherence to the Exclusion and Selection Criteria for this procurement. If there are named subcontractors / technicians upon which the bidder will rely to meet theselection criteria, these named parties must complete and reattach the ESPD Supplier Response Form attachedto ESPD Questions 2C.1.1 (Technicians) and 2D.1.2 (Subcontractors) on PCS-T. These parties must complete the first 3 sections of the ESPD form, as well as any part of the Section 4 selection criteria that the main bidderwill rely upon the parties to fulfil. If parties have not yet been identified, this information may be required at alater date. Scottish Government reserves the right to request this information from relevant parties upon whomthe main bidder will not rely to fulfil selection criteria. 4C.10 Bidders will be required to confirm whether they intend to subcontract and if so, for what proportion of thecontract. Note: The buyer is using PCS-Tender to carry out this procurement process. Please note this is a separate website and if you are not already registered, registration will be required. To access PCS-Tender, record your interest in this notice and access the tender documentation please visithttps://www.publictendersscotland.publiccontractsscotland.gov.uk and search for project Code 11027 under ITTs Open to All Suppliers. Please use the Search / Filter function, then select Project Code from the drop-down.Please note that once you have expressed interest in the ITT it will move to your My ITTs area. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 11027 For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 11027. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361 A summary of the expected community benefits has been provided as follows: The communtiy benefit targets expected as a result of the SME Holding Fund are listed below. 300 Jobs created in Smart, Specialisation Sectors. (SC Ref:543888)",
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