---
title: "GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 1 West"
ocid: "ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MIDLANDS ENGINE INVESTMENTS LIMITED"
published: "2018-07-13"
---

# GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 1 West

Buyer: MIDLANDS ENGINE INVESTMENTS LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416)  
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## Summary

The procurement process undertaken by Midlands Engine Investments Limited involves the awarding of a framework agreement for fund management, specifically for Lot 1 of the Midland Engine Investment Fund, with a value between £80 million to £300 million. The tender was officially awarded on 12 December 2017 and contracts are effective from 19 February 2018 until 19 February 2028. This procurement falls under the classification of corporate finance and venture capital services, and it primarily concerns the West Midlands region of the United Kingdom.

This opportunity is particularly suited for large-scale financial services firms that specialise in corporate finance, venture capital, and investment banking. Companies capable of managing substantial equity funds will be well-positioned to compete for this contract, which can facilitate significant business growth over the next decade. The awarded contract to Midvest Limited signifies an opening for similar entities to engage with public sector investment initiatives and enhance their market presence within the financial services industry.

## Notice

Midlands Engines Investments Limited has conducted this procurement to contract a fund manager for:- Lot 1 Equity fund within the Framework range value of PS80m to PS300m across a number of funds.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/58b93ff2-be4f-4e5b-b1e0-09a9114331c5 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Jul 2018 |
| Submission deadline | 12 Dec 2017 |
| Future notice date | Not specified |
| Award date | 12 Dec 2017 |
| Contract period | 19 Feb 2018 - 19 Feb 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £35,000,000 |
| Lots value | Not specified |
| Awards value | £35,000,000 |
| 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 | MIDLANDS ENGINE INVESTMENTS 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 | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MIDVEST |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66120000 - Investment banking services and related services
- 66122000 - Corporate finance and venture capital services
- 66190000 - Loan brokerage services

## Release History

- 13 Jul 2018 at 14:36 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/58b93ff2-be4f-4e5b-b1e0-09a9114331c5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/58b93ff2-be4f-4e5b-b1e0-09a9114331c5
  13th July 2018 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=332828658
  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-b67b75f0-dc61-4c8d-be07-fb8187404416. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b67b75f0-dc61-4c8d-be07-fb8187404416.json.