---
title: "Auditor for The North East Fund Limited"
ocid: "ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "THE NORTH EAST FUND LIMITED"
published: "2018-03-16"
---

# Auditor for The North East Fund Limited

Buyer: THE NORTH EAST FUND LIMITED  
Current stage: Tender  
OCID: ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127

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## Summary

The North East Fund Limited is currently seeking an Auditor for a four-year term, beginning with the March 2018 year-end. This procurement falls within the services industry category, specifically focusing on portfolio management services. The tender is at the active stage and submissions are due by 19 April 2018. The contract will commence on 15 May 2018 and extend until 31 December 2021. Based in Newcastle upon Tyne, England, the procurement method employed is an open procedure, with a total contract value of £120,000, and a minimum value of £60,000.

This tender represents a significant opportunity for auditing firms and financial service providers looking to expand their operations in the North East of England. Companies with expertise in financial audits, tax compliance, and portfolio management will find this particular contract well-suited to their capabilities. Given the funding from notable organisations such as the European Investment Bank and European Regional Development Fund, successful bidders could play a critical role in managing the financial integrity of investments aimed at supporting SMEs in the region.

## Notice

The North East Fund Limited is seeking to appoint an Auditor for a four year term, beginning with the March 2018 year end. The Fund is a new entity which will consist of a suite of funds, each managed by a different fund manager. It expects to invest PS120m in SMEs across the North East LEP area, building on the success of the North East JEREMIE programme. Funding is coming from the European Investment Bank, the European Regional Development Fund and from returns on investments made by historical funds in North East England. The Auditor will be required to audit the financial statements of The North East Fund Limited and to provide corporation tax compliance services.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/06d5d2fe-cb94-449a-87ac-b531e066652b |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Mar 2018 |
| Submission deadline | 19 Apr 2018 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 14 May 2018 - 31 Dec 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £120,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE NORTH EAST FUND LIMITED |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 6EE |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66140000 - Portfolio management services

## Release History

- 16 Mar 2018 at 14:54 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/06d5d2fe-cb94-449a-87ac-b531e066652b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/06d5d2fe-cb94-449a-87ac-b531e066652b
  16th March 2018 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e8017d7d-a8bc-4233-8d29-8785b502cad0
  Invitation to Tender

## 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-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1a531d14-d1cf-49dd-9ccf-384b20b4e127.json.