---
title: "Contract for the Provision of Due Dilligence Services for The Growth Fund (TGF)"
ocid: "ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GATESHEAD COUNCIL"
published: "2020-11-27"
---

# Contract for the Provision of Due Dilligence Services for The Growth Fund (TGF)

Buyer: GATESHEAD COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e

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## Summary

Gateshead Council is conducting a procurement process for a contract titled "Contract for the Provision of Due Diligence Services for The Growth Fund (TGF)", aimed at supporting the administration of a new grant programme for SMEs across Gateshead, South Tyneside, and Sunderland. The procurement is currently in the award stage, with a contract value of £80,000 and a contract period from 5th November 2020 to 30th June 2023. The tender was published on 22nd September 2020, with a submission deadline that has since passed on 13th October 2020. The procurement process was carried out via an open procedure, ensuring accessibility for interested suppliers within the services industry, particularly in management consultancy and auditing services.

This opportunity has the potential to foster growth for businesses specialising in due diligence, financial consulting, or grant management, particularly those operating as small and medium enterprises (SMEs) or voluntary and community sector organisations. Successful participants will not only provide valuable insights to Gateshead Council and its partners but will also enhance their visibility and reputation within the local governance landscape, making it an ideal opportunity for consultants and advisory firms with a focus on public sector engagements.

## Notice

Gateshead Council is seeking to appoint an organisation to provide due diligence services to assist the Council and its delivery partner in administering The Growth Fund (TGF). The Growth Fund is a new grant programme for SMEs in Gateshead, South Tyneside and Sunderland local authority areas for capital investment projects to stimulate and enable sustainable business growth and is funded by the England European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Growth Fund is being delivered by Gateshead Council in partnership with UMi Limited. The successful tenderer will be required to carry out due diligence on grant applications that have been approved in principle by TGF Investment Panel, documenting its findings in a written report and providing a recommendation to Gateshead Council and UMi. The specific services to be provided will be as follows: * Provision of financial, due diligence, grant and state aid advice to UMi, TGF Investment Panel and Gateshead Council in connection with TGF. * Attendance at TGF Investment Panel meetings (in a non-voting capacity) with the Investment Panel normally meeting every 2 months or more frequently if necessary. Meetings will be held either in person or via video conference, according to the prevailing circumstances at the time. * Carrying out due diligence appraisals of grant applications approved in-principle by TGF Investment Panel * Preparation of a written report on each grant application, in accordance with the scope * As and when required in connection with TGF: - Advice on an ad-hoc basis in addition to advising on the points outlined in the written reports. - Provision of case-specific advice on grant applications to ensure potential issues and risks are identified and addressed quickly. - Attendance at Panel meetings to provide technical advice - Delivery of financial training to the project delivery team in order to share best practice and specialist insight. Additional information: This process is being managed electronically through the Councils e-tendering system. Tender documentation is only available through the e-tendering system and bids must only be submitted using this system. To register interest in this contract and to obtain the relevant documents please go to www.nepo.org. The contract reference is DN484247. If you require assistance with the website or registration process please contact the System Support Team on 0330 0050352 or ProContractSuppliers@proactis.com

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/513bc580-0586-4113-931a-e74f71da6d94 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Nov 2020 |
| Submission deadline | 13 Oct 2020 |
| Future notice date | Not specified |
| Award date | 24 Nov 2020 |
| Contract period | 24 Nov 2020 - 30 Jun 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | Not specified |
| Awards value | £80,000 |
| 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 | GATESHEAD COUNCIL |
| Locality | GATESHEAD |
| Post town | Newcastle upon Tyne |
| Postcode | NE8 1HH |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Gateshead |
| Electoral ward | Bridges |
| Westminster constituency | Gateshead Central and Whickham |
| Delivery location | TLC North East (England) |

## Supplier

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

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79212000 - Auditing services
- 79410000 - Business and management consultancy services

## Release History

- 27 Nov 2020 at 09:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/513bc580-0586-4113-931a-e74f71da6d94
- 22 Sep 2020 at 12:09 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3767dfd4-e968-4cb8-a99c-9bfb6283bd09
- 22 Sep 2020 at 11:54 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3767dfd4-e968-4cb8-a99c-9bfb6283bd09

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/513bc580-0586-4113-931a-e74f71da6d94
  27th November 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/3767dfd4-e968-4cb8-a99c-9bfb6283bd09
  22nd September 2020 - Opportunity notice on Contracts Finder

## Provenance

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