--- title: "Selection of fund manager for SWLF II" ocid: "ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7.json" source: "Contracts Finder" current_stage: "Award" buyer: "SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED" published: "2020-07-31" --- # Selection of fund manager for SWLF II Buyer: SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED Current stage: Award OCID: ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7.json) ## Summary The South West Investment Group (Capital) Limited is conducting a procurement process entitled "South West Loans Fund II", aimed at appointing a fund manager for a loan fund targeting small and medium-sized businesses in the South West region of the United Kingdom. The process is currently at the Award stage, having been completed with the announcement of the winning bid from SWIG Finance Limited. The contract, valued at £1,000,000, commenced on 1st June 2020 and will run until 31st July 2030, with an initial tender period that ended on 22nd April 2020. This procurement presents significant opportunities for businesses involved in financial services, particularly those that specialise in fund management or lending solutions for SMEs. With the fund expected to distribute loans ranging from £25,000 to £250,000 to approximately 180 businesses, firms with expertise in supporting businesses that struggle to access traditional lending options would be well-positioned to compete in future tenders or similar contracts. The emphasis on small and medium enterprises aligns with the interests of entities looking to expand their service offerings in the financial sector. ## Notice Contract has been awarded for the appointment of a fund manager to manage the SWLF II ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/77969a11-ed3e-4732-bd49-63512d5584e2 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Jul 2020 | | Submission deadline | 22 Apr 2020 | | Future notice date | Not specified | | Award date | 31 May 2020 | | Contract period | 31 May 2020 - 31 Jul 2030 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,000,000 | | Lots value | Not specified | | Awards value | £1,000,000 | | 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 | SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED | | Locality | TRURO | | Post town | Truro | | Postcode | TR4 9NY | | Country | England | | ITL 1 | TLK South West (England) | | ITL 2 | TLK3 Cornwall and Isles of Scilly | | ITL 3 | TLK30 Cornwall and Isles of Scilly | | Local authority | Cornwall | | Electoral ward | Threemilestone & Chacewater | | Westminster constituency | Truro and Falmouth | | Delivery location | TLK South West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | SWIG FINANCE | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 31 Jul 2020 at 15:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/77969a11-ed3e-4732-bd49-63512d5584e2 - 7 Apr 2020 at 08:23 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 - 3 Apr 2020 at 16:15 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 - 3 Apr 2020 at 15:13 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 - 16 Mar 2020 at 15:18 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 - 13 Mar 2020 at 08:04 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/77969a11-ed3e-4732-bd49-63512d5584e2 31st July 2020 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/7afb51c9-6a5b-4025-b965-6a8dda7f65c0 7th April 2020 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/36d09df5-cc49-49da-bb6a-1dd7d9baa60a Invitation to tender - https://www.contractsfinder.service.gov.uk/Notice/Attachment/1c21df52-2bf4-4c7c-8ebc-b687e6c845f1 Invitation to tender Part B SSQ - https://www.contractsfinder.service.gov.uk/Notice/Attachment/35aae06f-cb52-47b9-951d-c6b399369885 Invitation to tender Part C - Form of tender - https://www.contractsfinder.service.gov.uk/Notice/Attachment/7fa64dd0-b030-4471-a28a-1a2630bfab85 Form of Contract part D - https://www.contractsfinder.service.gov.uk/Notice/Attachment/851eb8d5-3085-4d8f-9407-165b0ac63f56 Contract Notice - https://www.contractsfinder.service.gov.uk/Notice/Attachment/e3b107e1-19de-4d00-88f1-8c20e4cdc802 Tender Clarification - https://www.contractsfinder.service.gov.uk/Notice/Attachment/c1737d67-d785-4e23-a0a5-eda676463913 Clarification to extend deadline for return of tenders ## 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-bb93fb21-831a-47e4-87b9-1bd60c52f4b7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bb93fb21-831a-47e4-87b9-1bd60c52f4b7.json.