---
title: "Early Years Investment Fund Manager"
ocid: "ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2017-05-23"
---

# Early Years Investment Fund Manager

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b

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## Summary

The Department for Education (DfE) is conducting a public procurement process for the position of Early Years Investment Fund Manager, related to the establishment of a funding vehicle aimed at increasing early years childcare provision in England. This initiative focuses on supporting private and voluntary providers who will deliver the 30 hours of free childcare to working families starting from September 2017. The procurement is currently in the award stage, following the closing date for submitting proposals on 3rd October 2016. The value of the contract is set between £3,000,000 and £8,000,000 and will commence on 31st March 2017, with a duration extending until 31st March 2039.

This tender presents a significant opportunity for businesses engaged in financial and insurance services, particularly those specialising in fund management and childcare sectors. Companies that can demonstrate expertise in developing funding solutions for educational settings would be particularly well-suited to compete. Small and medium-sized enterprises are eligible to participate, which opens up avenues for new entrants to the market and encourages innovation in supporting early childcare initiatives in England.

## Notice

This Contract Notice is issued by the Department for Education (DfE) and is an opportunity relating to the establishment of a funding vehicle (the "Early Years Investment Fund" ("EYIF")) designed to increase the provision of early years places in England, focusing on those private and voluntary providers who will deliver the 30 hours of free childcare that will be available to working families from September 2017. See 'Attachments' for further details. Additional information: Registering to use Huddle and submission of PQQ responses: Requests to participate must be made by completion and return of a Pre-qualification questionnaire (PQQ). The PQQ and other procurement documents (including the Descriptive Document) are available through the following URL link: https://files.mills-reeve.com/app?operation=pubopp&id=1472566682987X10A1A21A8Rwb8r In order to submit a completed PQQ response Suppliers must register to use "Huddle" (which is the on-line platform to be used by the DfE for the remainder of this procurement process and through which completed PQQ responses must be submitted). Suppliers should therefore read the "Instructions to Suppliers" document, which is also available through the above link, and ensure they follow the instructions to register to use Huddle in good time to be able to submit a PQQ response by the PQQ response deadline. The DfE reserves the right to discontinue the procurement process at any time, which shall include the right not to award contracts/s and does not bind itself to accept the lowest tender, or any tender received, and reserves the right to award the contract/s in part, or to call for new tenders should it consider this necessary. The DfE shall not be liable for any costs or expenses incurred by any Supplier in connection with the completion and return of the information requested in this notice or in participating in this procurement process, irrespective of the outcome of the competition or if the competition is cancelled or postponed. All dates, time periods and values specified in this notice are provisional and the DfE reserves the right to change these.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3636787a-81ad-4a04-9e78-ef5be8bfcba1 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 May 2017 |
| Submission deadline | 3 Oct 2016 |
| Future notice date | Not specified |
| Award date | 14 May 2017 |
| Contract period | 15 May 2017 - 31 Dec 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £8,000,000 |
| Lots value | Not specified |
| Awards value | £175,000 |
| 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 | DEPARTMENT FOR EDUCATION |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3BT |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FSE FUND MANAGERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 23 May 2017 at 10:08 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3636787a-81ad-4a04-9e78-ef5be8bfcba1
- 18 Nov 2016 at 20:17 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5502e679-d60d-44b3-a444-da53de0cb3ea

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3636787a-81ad-4a04-9e78-ef5be8bfcba1
  23rd May 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/5502e679-d60d-44b3-a444-da53de0cb3ea
  5th September 2016 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/de85e7a0-b044-483d-aa19-a5d483cf936a
  Full description and further information
- https://files.mills-reeve.com/app?operation=pubopp&id=1472566682987X10A1A21A8Rwb8r
  Procurement documents
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/4cbe5505-4f1a-4adc-97d0-1f00fdc287bd
  Full description and further information

## 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-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-20222ec6-adca-11e6-9901-0019b9f3037b.json.