---
title: "Agreement for the Cornwall and Isle of Scilly Investment Fund (CIOSIF) Fund Manager"
ocid: "ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "BRITISH BUSINESS FINANCIAL SERVICES LIMITED"
published: "2018-03-01"
---

# Agreement for the Cornwall and Isle of Scilly Investment Fund (CIOSIF) Fund Manager

Buyer: BRITISH BUSINESS FINANCIAL SERVICES LIMITED  
Current stage: Tender  
OCID: ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2)  
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## Summary

The British Business Bank is seeking a fund manager for the Cornwall and Isles of Scilly Investment Fund (CIOSIF) through an open procurement process. The tender, titled "Agreement for the Cornwall and Isle of Scilly Investment Fund (CIOSIF) Fund Manager," focuses on the financial and insurance services sector, with a procurement value estimated between £40 million to £80 million. The tender period concludes on 29 March 2018, and successful contract commencement is anticipated to start on 15 May 2018, continuing for ten years until 15 May 2028. This opportunity is situated in the South West region of the United Kingdom.

This tender presents a significant opportunity for businesses in the financial services sector, particularly those specialising in fund management. Small and medium-sized enterprises (SMEs) are encouraged to participate, given the emphasis on their suitability in this procurement process. Companies with experience in managing debt and equity funds, especially those familiar with public sector finance, will be well-suited to compete for this contract, ultimately enabling them to contribute to regional economic growth while expanding their service offerings.

## Notice

The British Business Bank is conducting this procurement to establish an agreement for a fund manager for the Cornwall and Isles of Scilly region for: A combined debt and equity fund; value range of: PS40m to PS80m; The estimated total value set-out in II.1.5) and repeated in II.2.6) is the maximum value of the Fund Manager fees that the Authority expects to pay under this agreement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5796adfa-d491-475c-854f-9e1c1945d4d2 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Mar 2018 |
| Submission deadline | 29 Mar 2018 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 14 May 2018 - 15 May 2028 |
| 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 | BRITISH BUSINESS FINANCIAL SERVICES LIMITED |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 1 Mar 2018 at 13:06 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5796adfa-d491-475c-854f-9e1c1945d4d2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5796adfa-d491-475c-854f-9e1c1945d4d2
  1st March 2018 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-Sheffield:-Financial-and-insurance-services./9A78N6N93N
  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-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-97df0d78-2a7c-4ae2-a5ac-2f72793fe8c2.json.