---
title: "Rosebud Investment Fund Management Services"
ocid: "ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LANCASHIRE COUNTY COUNCIL"
published: "2019-06-04"
---

# Rosebud Investment Fund Management Services

Buyer: LANCASHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013.json)

## Summary

The Lancashire County Council is currently involved in a procurement process for the "Rosebud Investment Fund Management Services," aimed at establishing a single supplier framework for managing investment funds under the Rosebud finance scheme. This tender is classified under the banking and investment services category and is located in the North West region of the United Kingdom. The tender period ended on 1st May 2019, and the contract will commence on 1st July 2019, concluding on 30th June 2024. The procurement method used is an open procedure that meets above-threshold requirements, with a total contract value of £1,280,000.

This tender presents significant opportunities for small to medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialised in investment fund management. Businesses well-suited to compete in this procurement should have expertise in managing financial instruments tailored for growing businesses, particularly within the local Lancashire economic landscape. The new model for fund management encourages innovative approaches, making it an ideal opportunity for companies seeking to expand their footprint in public procurement and contribute to regional economic development.

## Notice

This tender is for the establishment of a single supplier framework agreement for the provision of an Investment Fund Management service for the Rosebud finance scheme. Rosebud finance (Rosebud) is a package of financial instruments for growing businesses in Lancashire County Council's administration area, provided by Lancashire County Developments Ltd (LCDL), which is a wholly owned subsidiary of the Council. Whilst Rosebud has been an effective economic development tool for over 30 years, the Council are tendering on the basis of a new model for delivery which requires the new fund managers to manage a re-specified range of funds/products and where investment decision making will be more fully devolved. The fund management service will work closely with LCDL to support the economic activities of the company and the Authority's Corporate Communications in the promotion of Rosebud.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c997142e-d9cb-4da0-a28d-ec8664228d55 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jun 2019 |
| Submission deadline | 1 May 2019 |
| Future notice date | Not specified |
| Award date | 31 May 2019 |
| Contract period | 30 Jun 2019 - 30 Jun 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £320,000 |
| Lots value | Not specified |
| Awards value | £1,280,000 |
| 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 | LANCASHIRE COUNTY COUNCIL |
| Locality | PRESTON |
| Post town | Preston |
| Postcode | PR1 8XJ |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD4 Lancashire |
| ITL 3 | TLD45 Mid Lancashire |
| Local authority | Preston |
| Electoral ward | City Centre |
| Westminster constituency | Preston |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE ENTERPRISE FUND LIMITED T/A GROWTH COMPANY BUSINESS FINANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 4 Jun 2019 at 11:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c997142e-d9cb-4da0-a28d-ec8664228d55
- 3 Apr 2019 at 14:28 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/2451ff74-8460-416b-b95a-296b204e62d9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c997142e-d9cb-4da0-a28d-ec8664228d55
  4th June 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/2451ff74-8460-416b-b95a-296b204e62d9
  3rd April 2019 - Opportunity notice on Contracts Finder
- https://www.lancashire.gov.uk/iSupplier/
  I-supplier

## 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-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013.json.