---
title: "ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance"
ocid: "ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "ARTS COUNCIL ENGLAND"
published: "2024-10-31"
---

# ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance

Buyer: ARTS COUNCIL ENGLAND  
Current stage: Tender  
OCID: ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f

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## Summary

Arts Council England is seeking financial advisors to join their framework for the administration of the Cultural Recovery Fund loans programme. This open tender process is titled "ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance" and falls under the accounting services industry category (CPV code: 79211000). The procurement process is currently in the tender stage with a closing deadline on 2nd December 2024, and the contract period will start on 17th February 2025, ending on 16th February 2027. The services required are to be delivered across various locations including the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender presents substantial opportunities for businesses specialising in financial advisory and accounting services, particularly those with experience in handling repayable finance and loan management. Small and Medium Enterprises (SMEs) and Voluntary, Community and Social Enterprises (VCSEs) are particularly encouraged to apply. Successful bidders will have the chance to support the government's ongoing efforts in the Cultural Recovery Fund, providing independent assessments and reviews that are critical for the effective management of the fund's loans. This contract offers an avenue for businesses to both expand their portfolio and contribute to the stabilisation and growth of the arts and culture sectors post-Covid-19.

## Notice

Arts Council England are conducting a Procurement for a Framework of Financial Advisors to support with the administration of the Cultural Recovery Fund loans programme. As part of the government's response to the Covid 19 crisis, the Department for Culture, Media and Sport (DCMS) made 37 loans to arts and culture organisations, investing PS250 million. DCMS are the Lender for the loans, and Arts Council acts as their loan agent. A dedicated repayable finance team manages the day-to-day responsibility of the loan book management, monitoring, and reporting. From time to time, ACE requires an independent and impartial review of a borrower organisation and its financial model to support our decisions regarding their loans - referred to as Financial Advisors.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f987fc9d-466f-4b6f-bbd7-3ad945814879 |
| 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 | 31 Oct 2024 |
| Submission deadline | 2 Dec 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 17 Feb 2025 - 16 Feb 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| 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 | ARTS COUNCIL ENGLAND |
| Locality | MANCHESTER |
| Post town | Manchester |
| Postcode | M1 1FN |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD33 Manchester |
| Local authority | Manchester |
| Electoral ward | Piccadilly |
| Westminster constituency | Manchester Central |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79211000 - Accounting services

## Release History

- 31 Oct 2024 at 16:15 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f987fc9d-466f-4b6f-bbd7-3ad945814879

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f987fc9d-466f-4b6f-bbd7-3ad945814879
  31st October 2024 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-Manchester:-Accounting-services./3S4BS97766
  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-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8c3035a5-9736-45bb-84e8-d953234e7f6f.json.