--- title: "Fund Advisory Services for Ambition North Wales Clean Energy Fund" ocid: "ocds-kuma6s-132574" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-132574" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-132574.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-132574.json" source: "Sell2Wales" current_stage: "Award" buyer: "AMBITION NORTH WALES" published: "2023-08-15" --- # Fund Advisory Services for Ambition North Wales Clean Energy Fund Buyer: AMBITION NORTH WALES Current stage: Award OCID: ocds-kuma6s-132574 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-132574) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-132574.json) ## Summary The procurement process for the Fund Advisory Services for Ambition North Wales Clean Energy Fund is being carried out by Ambition North Wales. This tender, currently in the active stage, involves seeking a Fund Advisor for two distinct stages of work. The procurement includes tasks such as market intelligence input, developing a marketing strategy, and scoping legal and advisory support for the fund. The tender deadline for submissions is set for 28th July 2023, and the bid opening will take place on the same day at Ambition North Wales' premises. This tender presents growth opportunities for businesses in the services sector, particularly those with expertise in investment strategies and fund management. Businesses well-suited to compete would have demonstrable experience in developing investment strategies, mobilizing funds, sourcing investments, and monitoring portfolio performance. The tender, offering a contract value of £810,000, emphasises the importance of renewable energy technologies in alignment with current UK and Welsh Government energy and infrastructure strategies. ## Notice Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas: Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy; Developing a marketing strategy and a launch plan; Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund; Scoping the support required to enable an online application process channelled through ANW website; and Scoping any legal input or other external advisory support required for launch of the fund. The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund. It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions. ### Lot Information Lot 1 Open Tender Renewal: Potential for 2 year extension ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=132574 | | Notice type | OJEU - F3 - Contract Award 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, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Aug 2023 | | Submission deadline | 28 Jul 2023 | | Future notice date | Not specified | | Award date | 15 Aug 2023 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £810,000 | | Lots value | £810,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Cancelled | | Lots status | Cancelled | | Awards status | Unsuccessful | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | AMBITION NORTH WALES | | Locality | LLANDUDNO JUNCTION | | Post town | Llandudno | | Postcode | LL31 9RZ | | Country | Wales | | ITL 1 | TLL Wales | | ITL 2 | TLL3 North Wales | | ITL 3 | TLL33 Conwy and Denbighshire | | Local authority | Conwy | | Electoral ward | Glyn y Marl | | Westminster constituency | Bangor Aberconwy | | Delivery location | TLL11 Isle of Anglesey, TLL12 Gwynedd, TLL13 Conwy and Denbighshire, TLL23 Flintshire and Wrexham | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services ### Codes - 73000000 - Research and development services and related consultancy services - 73200000 - Research and development consultancy services - 73210000 - Research consultancy services - 73220000 - Development consultancy services - 73300000 - Design and execution of research and development ## Release History - 15 Aug 2023 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=132574 - 28 Jul 2023 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=132574 - 27 Jun 2023 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=132574 ## Documents - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=21 26th July 2023 - Eglurhad:meini prawf ar gyfer gwahoddiad i gyfweliad Clarification:criteria for interview invitation - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=13 27th June 2023 - Smart Local Energy Outline Business Case - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=14 27th June 2023 - Market Engagement Survey Results - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=15 27th June 2023 - Proposed Benefit Indicators - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=16 27th June 2023 - Guide on how to tender and FAQ's - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=17 27th June 2023 - Canllaw ar sut i dendro a Chwestiynau Cyffredi - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=18 27th June 2023 - Procurement Principles - Ambition North Wales - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=19 27th June 2023 - Egwyddorion caffael Uchelgais Gogledd Cymru - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=20 27th June 2023 - Draft Terms and Conditions - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=1 27th June 2023 - Invitation to Tender - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=2 27th June 2023 - Gwahoddiad i Dendro - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=3 27th June 2023 - Scope of Services - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=4 27th June 2023 - Cwmpas y Gwasanaethau - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=5 27th June 2023 - Fee Structure - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=6 27th June 2023 - Commercial Submission - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=7 27th June 2023 - Commercially Sensitive Information - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=8 27th June 2023 - Gwybodaeth Fasnachol Sensitif - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=9 27th June 2023 - Form of Tender - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=10 27th June 2023 - Ffurflen Tendro - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=11 27th June 2023 - Anti Collusion Certificate - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=JUN442283&idx=12 27th June 2023 - Draft Fund Management Plan - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JUN442283 Fund Advisory Services for Ambition North Wales Clean Energy Fund - Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas: Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy; Developing a marketing strategy and a launch plan; Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund; Scoping the support required to enable an online application process channelled through ANW website; and Scoping any legal input or other external advisory support required for launch of the fund. The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund. It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions. - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=AUG447176 Fund Advisory Services for Ambition North Wales Clean Energy Fund - Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas: Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy; Developing a marketing strategy and a launch plan; Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund; Scoping the support required to enable an online application process channelled through ANW website; and Scoping any legal input or other external advisory support required for launch of the fund. The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund. It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions. ## Notice URLs - https://ambitionnorth.wales/ - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-132574 - https://www.sell2wales.gov.wales/ ## 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-kuma6s-132574. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-132574.json.