--- title: "Property Investment Fund 3 Phase 1 (PIF3) - Application process" ocid: "ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BARNSLEY METROPOLITAN BOROUGH COUNCIL" published: "2021-12-08" --- # Property Investment Fund 3 Phase 1 (PIF3) - Application process Buyer: BARNSLEY METROPOLITAN BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4.json) ## Summary Barnsley Metropolitan Borough Council is launching the third phase of its Property Investment Fund (PIF3) to stimulate high-quality industrial development within the borough. The tender, titled "Property Investment Fund 3 Phase 1 (PIF3) - Application process," falls under the industry category of financial and construction consultancy services. The application process is currently active and will close on the 25th of February 2022. The council aims to assist developers facing viability constraints by providing funding for commercial premises development in the Yorkshire and the Humber region. The contract period is scheduled to commence on the 1st of April 2023 and will conclude on the 31st of March 2024. This tender represents an excellent opportunity for developers, particularly small and medium-sized enterprises (SMEs) and voluntary and community sector enterprises (VCSEs), looking to expand their operations in commercial property development. By bridging viability gaps, successful applicants can leverage this funding to enhance their projects and contribute to the economic growth of Barnsley. Businesses with experience in construction consultancy and financial services will find themselves well-positioned to compete for funding under this initiative, fostering collaboration with the council to address local development needs. ## Notice Following the success of the first and second phases Barnsley MBC (The Council) is launching a third phase Property Investment Fund, PIF3. The Council's Property Investment Funds have helped to facilitate 387,000 square ft of commercial property development since 2016. Following on from this success, the Council is now launching a third phase of support, to stimulate speculative high quality industrial development within the borough, by working in partnership with developers to overcome demonstrable viability constraints. The Scheme will allow Developers with land suitable for development for commercial premises in the Borough to apply for assistance to bridge agreed viability gaps. Developers are invited to download and complete an application for funding via the scheme via this system by the 25th of February to be considered. Further information on the process for allocation of funding is available in the application form. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9f0ea570-56c0-4c38-94af-da3f0beb9628 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not applicable | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 8 Dec 2021 | | Submission deadline | 25 Feb 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2023 - 31 Mar 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | BARNSLEY METROPOLITAN BOROUGH COUNCIL | | Locality | BARNSLEY, SOUTH YORKSHIRE | | Post town | Sheffield | | Postcode | S70 2TA | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE3 South Yorkshire | | ITL 3 | TLE33 Barnsley | | Local authority | Barnsley | | Electoral ward | Central | | Westminster constituency | Barnsley North | | Delivery location | TLE Yorkshire and The Humber | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 71 - Architectural, construction, engineering and inspection services ### Codes - 66171000 - Financial consultancy services - 71530000 - Construction consultancy services ## Release History - 8 Dec 2021 at 16:57 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9f0ea570-56c0-4c38-94af-da3f0beb9628 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/9f0ea570-56c0-4c38-94af-da3f0beb9628 8th December 2021 - Opportunity notice on Contracts Finder - https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=41381&B=UK Additional data - https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/103835 User / Company ## Notice URLs - https://www.barnsley.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-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-65c393ed-745b-481a-9899-9c11aa12b9b4.json.