--- title: "Services for ESIF Internationalisation Fund Administration" ocid: "ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEPARTMENT FOR INTERNATIONAL TRADE" published: "2019-08-30" --- # Services for ESIF Internationalisation Fund Administration Buyer: DEPARTMENT FOR INTERNATIONAL TRADE Current stage: Tender OCID: ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18.json) ## Summary The Department for International Trade (DIT) is currently in the Tender stage for the procurement of services to manage the Fund Administration of the European Structural & Investment Fund (ESIF) Internationalisation Fund. This opportunity is centred on delivering "Internationalisation Funds" to small and medium-sized enterprises (SMEs) in England, with an estimated contract value ranging from £2.2 million to £3.6 million. The tender submission deadline is set for 9 October 2019, and the contract period will commence on 1 April 2020 and conclude on 31 March 2023. This procurement falls under the Banking and investment services industry category and employs a restricted procedure as the procurement method. This tender presents significant opportunities for businesses, especially those specialising in fund management and administration services. Companies that can effectively develop and administer processes compliant with ESIF requirements will find this an advantageous venture. With the potential for over 7,000 successful fund awards, firms focusing on delivering financial services and those with experience in handling grants for SMEs will be well-positioned to compete and grow within this framework. ## Notice The DIT is seeking a service provider to manage the Fund Administration of four DIT European Structural & Investment Fund (ESIF) projects delivering "Internationalisation Funds" to small and medium sized enterprises (SMEs) in England. The combined value of the ESIF projects is cPS35.7m over three years, but there is the potential for the value to increase if more ESIF funding is made available. These projects will provide co-investment funding to SMEs, subject to meeting the relevant criteria for that project. Average fund (grant) size is expected to be cPS5k, which suggests over 7,000 successful fund awards to SMEs will be required over the contract period. The Fund Administrator will be responsible for the full SME fund appraisal, award and payment process. They will be required to develop and administer a process that is fully ESIF compliant. In delivering the Internationalisation Funds the service provider will be required to work closely with DIT's regional International Trade Adviser (ITA) delivery partners, who will be responsible for delivering the pipeline of eligible and suitable SME applicants for the projects. Estimated total contract value range is PS2.2m to PS3.6m (excluding TUPE costs and inflation). The upper value includes deployment of additional services subject to increased funding. The contract will be awarded on the basis of the most economically advantageous tender, in accordance with the criteria stated in the procurement documents. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a865f046-ad00-404c-b350-506f043dd79e | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 30 Aug 2019 | | Submission deadline | 9 Oct 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2020 - 31 Mar 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £3,600,000 | | 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 | DEPARTMENT FOR INTERNATIONAL TRADE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 0TL | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 75 - Administration, defence and social security services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66100000 - Banking and investment services - 75100000 - Administration services - 79900000 - Miscellaneous business and business-related services ## Release History - 30 Aug 2019 at 10:06 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a865f046-ad00-404c-b350-506f043dd79e ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a865f046-ad00-404c-b350-506f043dd79e 30th August 2019 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=3eafdb75-01cb-e911-80f8-005056b64545 Advert ## Notice URLs - https://www.gov.uk/government/organisations/uk-trade-investment ## 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-d6164e30-9b78-42d8-afea-12cc14e72a18. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d6164e30-9b78-42d8-afea-12cc14e72a18.json.