---
title: "UDF Fund Advisor"
ocid: "ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LCR UDF LIMITED PARTNERSHIP"
published: "2019-07-02"
---

# UDF Fund Advisor

Buyer: LCR UDF LIMITED PARTNERSHIP  
Current stage: Tender  
OCID: ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75

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## Summary

The LCR UDF Limited Partnership is currently conducting an open procurement for the position of UDF Fund Advisor, aimed at providing operational services for the LCR Urban Development Fund. The fund has allocated £5,000,000 for research and innovation infrastructure, £10,000,000 for increasing SMEs' growth capacity, and another £10,000,000 for low carbon investments, including energy efficiency projects. The tender was published on 2nd July 2019 and the deadline for submission is set for 25th July 2019. The services will predominantly be delivered in the North West region of the United Kingdom and the contract is expected to commence on 30th September 2019, concluding on 31st December 2023.

This tender presents significant opportunities for businesses engaged in financial and insurance services, especially those with expertise in investment strategy, project development, and compliance monitoring. Small and Medium Enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to apply given the fund's emphasis on enhancing growth capacity and low carbon initiatives. Companies that can demonstrate strong analytical capabilities and a solid network within the relevant sectors will be particularly well-positioned to compete for this contract.

## Notice

This procurement process is related to the provision of Fund adviser, and operation services for the LCR Urban Development Fund. The fund has 5 000 000 GBP available for Research and Innovation infrastructure and facilities; 10 000 000 GBP for increase growth capacity for SMEs, and 10 000 000 GBP available for low carbon investments such as promoting energy efficiency and renewable energy use in enterprises. In accordance to PA1 (a), PA3 (c), and PA4 (b) as per the England 2014-2020 Operational Programme. The contract includes (but not limited to): * Advising on, and review of, the Investment Strategy. * Support the pipeline development of potential projects through its own network and participation in marketing and promotion of the LCR UDF. * Conducting due diligence, ensuring co-investment, and structuring of investments on eligible projects. * Monitoring compliance and risk in accordance with accountability requirements, and eligibility rules applicable to the investment priorities. * Registering and publishing all notices, statements or other instruments as may be required in relation to the Fund. * Building and overseeing the UDF portfolio to ensure the achievement of eligible expenditure, output and financial returns targets, recommending drawdowns and repayment schemes for the individual investments. * Managing and recommending appropriate exit strategies from relevant investments.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bdf0291e-d5d4-452b-b756-cf6a3aa20a71 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jul 2019 |
| Submission deadline | 25 Jul 2019 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 29 Sep 2019 - 31 Dec 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £750,000 |
| 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 | LCR UDF LIMITED PARTNERSHIP |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L3 1BP |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | Waterfront South |
| Westminster constituency | Liverpool Riverside |
| Delivery location | TLD North West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 2 Jul 2019 at 13:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bdf0291e-d5d4-452b-b756-cf6a3aa20a71

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bdf0291e-d5d4-452b-b756-cf6a3aa20a71
  2nd July 2019 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.merseytravel.gov.uk/

## 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-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2eeed064-5d2b-439e-9ec8-b99e31a89e75.json.