---
title: "GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 2"
ocid: "ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2020-01-29"
---

# GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 2

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5.json)

## Summary

The procurement process concerns a framework agreement for fund management led by the British Business Bank, located in Sheffield, UK. The title of the tender is "GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 2," with the procurement classified under financial and insurance services, specifically focusing on corporate finance and venture capital services. The procurement reached completion status, with the contract awarded on 20th November 2019. The contract period spans from 22nd January 2020 to 22nd January 2030, involving a funding range between £120 million to £400 million across various funds.

This tender presents significant opportunities for businesses involved in financial services, especially those specializing in corporate finance, investment banking, and loan brokerage. Firms that have the capability to manage substantial debt funds and have experience working within multi-million-pound frameworks will find themselves well-suited to compete. As the contract is set for a long duration, it allows for strategic partnerships and ongoing projects, thus enabling business growth within the Midlands region and beyond.

## Notice

Financial and insurance services. Banking and investment services and related services. Corporate finance and venture capital services. Loan brokerage services. Midlands Engine Investment Limited has conducted this procurement within the Midlands region to contract a fund manager for Lot 2 debt funds within the framework range value of PS120m to PS400m across a number of funds.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b28dfb4c-ec8b-41ee-a14f-cae7538f17d3 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Jan 2020 |
| Submission deadline | 20 Nov 2019 |
| Future notice date | Not specified |
| Award date | 20 Nov 2019 |
| Contract period | 22 Jan 2020 - 22 Jan 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £42,000,000 |
| Lots value | Not specified |
| Awards value | £42,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FSE MEIF |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66120000 - Investment banking services and related services
- 66122000 - Corporate finance and venture capital services
- 66190000 - Loan brokerage services

## Release History

- 29 Jan 2020 at 14:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b28dfb4c-ec8b-41ee-a14f-cae7538f17d3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b28dfb4c-ec8b-41ee-a14f-cae7538f17d3
  29th January 2020 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=468378186
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-18283330-9a98-4999-a9eb-ff329a33ddf5.json.