---
title: "Third Party Fund Management"
ocid: "ocds-h6vhtk-03c4ce"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03c4ce"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03c4ce.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03c4ce.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2023-04-27"
---

# Third Party Fund Management

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Tender  
OCID: ocds-h6vhtk-03c4ce

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03c4ce.json)

## Summary

The Foreign Commonwealth and Development Office (FCDO) is seeking third-party fund management services for secure collection, holding, and disbursement of project funds. The tender involves a banking agent who can manage TPM funds into named project accounts. The contract value is £100,000 GBP, with a contract period starting from August 1, 2023, to July 30, 2027. The submission deadline for this open procedure is May 30, 2023, with the award period beginning the same day at 17:00 GMT.

This tender by FCDO presents an opportunity for banking service providers to offer their expertise in handling project funds securely. Businesses proficient in banking services and financial management would be well-suited to compete for this contract. The procurement process signifies FCDO's commitment to effective fund management and partnership facilitation, ensuring transparent and reliable financial operations for various projects.

## Notice

We require the facility of a banking agent who can receive TPM funds into named project accounts and when required disburse those funds as agreed by FCDO and their partners. The aim of the contract is to provide those banking services to FCDO and their partners and will allow for the secure collection, holding and disbursement of project funds.

### Lot Information

Lot 1

We require the facility of a banking agent who can receive TPM funds into named project accounts and when required disburse those funds as agreed by FCDO and their partners. The aim of the contract is to provide those banking services to FCDO and their partners and will allow for the secure collection, holding and disbursement of project funds.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012170-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Apr 2023 |
| Submission deadline | 30 May 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Jul 2023 - 30 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,000 |
| Lots value | £100,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| 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

### Codes

- 66110000 - Banking services

## Release History

- 27 Apr 2023 at 14:49 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/012170-2023

## Notice URLs

- http://www.gov.uk/fcdo
- https://fcdo.bravosolution.co.uk/web/login.html

## 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-h6vhtk-03c4ce. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03c4ce.json.