--- title: "Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund" ocid: "ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c.json" source: "Contracts Finder" current_stage: "Award" buyer: "GREATER MANCHESTER COMBINED AUTHORITY" published: "2020-03-31" --- # Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund Buyer: GREATER MANCHESTER COMBINED AUTHORITY Current stage: Award OCID: ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c.json) ## Summary The Greater Manchester Combined Authority is seeking an Investment Adviser for the "Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund." This procurement falls under the financial and insurance services industry and is located in the North West of the United Kingdom. The contract, valued at £900,000, is currently in the award stage, having been published on 31 March 2020, following a tender period that ended on 28 January 2020. The contract is set to commence on 2 March 2020 and will run until 1 March 2024, under an open procurement method. This tender presents an exciting opportunity for small and medium enterprises (SMEs) and voluntary and community sector organisations (VCSEs) to engage in significant financial projects within the public sector. Suitable businesses should possess expertise in project development and financial structuring, particularly in projects that align with low carbon initiatives. The contract requires capability in monitoring compliance, managing investments, and devising exit strategies, opening avenues for growth in sustainable investment sectors. ## Notice The GMCA are looking to procure an Investment Adviser who shall be responsible for: (a) developing the pipeline of Potential Projects, following the origination of Potential Projects from public sector partners and the Investment Adviser's own network of contacts; (b) arranging the investment in and leading the negotiation and structuring of financial deals in viable projects with Project Developers who are Qualifying Financial Recipients and which fit within the Investment Policy. All projects should at least be in compliance with Applicable Requirements and the Eligibility Rules, including State Aid Law and have soundness in terms of business model, cash flow projections, investment and project implementation partners; (c) monitoring compliance and risk in accordance with Applicable Requirements and the Eligibility Rules, including the pursuit (investigation and where applicable correction and recovery) of irregularities at final recipient level where required; (d) managing and arranging Relevant Investments in order to meet the Targets; and (e) recommending and managing appropriate exit strategies from Relevant Investments. Full details on scope of the requirement can be found in the Tender Pack ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/70998a58-42b0-491d-9c56-915dad70aa32 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME, VCSE | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Mar 2020 | | Submission deadline | 28 Jan 2020 | | Future notice date | Not specified | | Award date | 6 Mar 2020 | | Contract period | 9 Mar 2020 - 8 Mar 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £900,000 | | Lots value | Not specified | | Awards value | £690,000 | | 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 | GREATER MANCHESTER COMBINED AUTHORITY | | Locality | SALFORD | | Post town | Manchester | | Postcode | M27 8US | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD34 Greater Manchester South West | | Local authority | Salford | | Electoral ward | Swinton Park | | Westminster constituency | Salford | | Delivery location | TLD North West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | CBRE | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 31 Mar 2020 at 15:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/70998a58-42b0-491d-9c56-915dad70aa32 - 18 Dec 2019 at 16:44 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c9bc311e-5b7b-4019-9a92-21b626fd5908 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/70998a58-42b0-491d-9c56-915dad70aa32 30th March 2020 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/c9bc311e-5b7b-4019-9a92-21b626fd5908 18th December 2019 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.manchesterfire.gov.uk/ ## 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-c42e38b2-812d-46c1-a232-48b09e473a4c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c42e38b2-812d-46c1-a232-48b09e473a4c.json.