--- title: "Fund Advisory Services for Ambition North Wales Clean Energy Fund" ocid: "ocds-kuma6s-144060" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-144060" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-144060.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-144060.json" source: "Sell2Wales" current_stage: "Tender" buyer: "AMBITION NORTH WALES" published: "2024-08-26" --- # Fund Advisory Services for Ambition North Wales Clean Energy Fund Buyer: AMBITION NORTH WALES Current stage: Tender OCID: ocds-kuma6s-144060 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-144060) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-144060.json) ## Summary Ambition North Wales is inviting tenders for Fund Advisory Services for their Clean Energy Fund, focusing on supporting renewable energy and decarbonisation initiatives across North Wales. The procurement process, currently at the tender stage, is open with an end date for submissions set at 30th September 2024. This procurement, which falls under the services category, will employ an open procedure, allowing electronic submissions through the Sell2Wales website. The contract will span 1080 days with a potential extension of two years. The project will see the engagement of fund advisors who will support the development and operationalisation of investment strategies, aimed at driving considerable private and community investments into new energy projects. This tender presents significant growth opportunities for businesses experienced in fund advisory, particularly those engaged in the renewable energy sector. The project seeks firms capable of providing strategic investment support and operational advisory services to both third sector and private sector funds. Companies with strong credentials in managing similar funds and those possessing a deep understanding of local ownership models in energy projects would be well-suited to compete. By securing this contract, businesses can expand their footprint in the growing clean energy market and collaborate closely with local authorities to achieve substantial environmental and economic impacts in North Wales. ## Notice We are seeking suitably qualified and experienced Fund Advisor Services for our Clean Energy Fund. Our 2025 Clean Energy Fund will aim to support initiatives across North Wales which: - help achieve renewable energy and decarbonisation targets - have an element of local ownership The Fund will also help unlock private and community investment in new energy projects ### Lot Information Third Sector Fund Advisor services Ambition North Wales is seeking to procure a competent and experienced Fund Advisor(s)* for the Third Sector and Private Sector sub-funds. The tender consists of two separate lots for the provision of the Fund Advisor services for the two sub-funds, as per: -Lot 1: Third Sector Fund Advisor services -Lot 2: Private Sector Fund Advisor services As such, bids will be received for Lot 1 and Lot 2 separately. If a bidder is bidding for both the Third Sector and Private Sector sub-fund Fund Advisor services, they will need to submit separate responses to the required technical and commercial questions for lots 1 and 2. The Fund Advisor services for Lot 1 and Lot 2 both comprise the following two distinct stages of work: -Stage 1: The first stage will involve supporting the development of the investment strategy for the sub-fund and assisting with preparation for launch. -Stage 2: The second stage will focus on advisory support to operate the sub-fund during the deployment period. Progression to stage 2 of the contract is dependent on: - 3.1.1. performance in stage 1 of the contract, and - 3.1.2. Economic Ambition Board's approval of the Fund Investment Strategy, Fund Management Plan and Fund Communication and Engagement Strategy that will form part of Ambition North Wales' Full Business Case submission. Renewal: possible extension of two years Private Sector Fund Advisor services Ambition North Wales is seeking to procure a competent and experienced Fund Advisor(s)* for the Third Sector and Private Sector sub-funds. The tender consists of two separate lots for the provision of the Fund Advisor services for the two sub-funds, as per: -Lot 1: Third Sector Fund Advisor services -Lot 2: Private Sector Fund Advisor services As such, bids will be received for Lot 1 and Lot 2 separately. If a bidder is bidding for both the Third Sector and Private Sector sub-fund Fund Advisor services, they will need to submit separate responses to the required technical and commercial questions for lots 1 and 2. The Fund Advisor services for Lot 1 and Lot 2 both comprise the following two distinct stages of work: -Stage 1: The first stage will involve supporting the development of the investment strategy for the sub-fund and assisting with preparation for launch. -Stage 2: The second stage will focus on advisory support to operate the sub-fund during the deployment period. Progression to stage 2 of the contract is dependent on: - 3.1.1. performance in stage 1 of the contract, and - 3.1.2. Economic Ambition Board's approval of the Fund Investment Strategy, Fund Management Plan and Fund Communication and Engagement Strategy that will form part of Ambition North Wales' Full Business Case submission. Renewal: Possible extension of two years ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144060 | | Notice type | OJEU - F2 - Contract 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 | 26 Aug 2024 | | Submission deadline | 30 Sep 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | 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 | 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 | TLL Wales, TLL11 Isle of Anglesey | ## CPV Codes ### Divisions - 65 - Public utilities - 66 - Financial and insurance services - 71 - Architectural, construction, engineering and inspection services - 73 - Research and development services and related consultancy services ### Codes - 65400000 - Other sources of energy supplies and distribution - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 71314000 - Energy and related services - 71314200 - Energy-management services - 71314300 - Energy-efficiency consultancy services - 73000000 - Research and development services and related consultancy services ## Release History - 26 Aug 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144060 ## Documents - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=25 18th September 2024 - Full response as system did not load the complete answer - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=16 26th August 2024 - Market Engagement Survey Results - Updated - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=17 26th August 2024 - Proposed Benefit Indicators - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=18 26th August 2024 - Guide on how to tender - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=19 26th August 2024 - Atodiad 11 - Canllaw ar sut i dendro a Chwestiynau Cyffredin - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=20 26th August 2024 - Procurement Principles - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=21 26th August 2024 - Egwyddorion caffael Uchelgais Gogledd Cymru - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=22 26th August 2024 - Draft Terms and Conditions - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=23 26th August 2024 - Atodiad13 - Telerau ac Amodau Safonol - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=24 26th August 2024 - Glossary of Terms - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=1 26th August 2024 - ITT - SLEF-FSA-ER02-2024 - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=2 26th August 2024 - Gwahoddiad i Dendro SLE-FSA-ER0202024 - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=3 26th August 2024 - Scope of Services - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=4 26th August 2024 - Atodiad 01 Sgop y Gwasanaethau - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=5 26th August 2024 - Fee Structure - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=6 26th August 2024 - Commercial Submission LOT 1 - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=7 26th August 2024 - Commercial Submission LOT 2 - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=8 26th August 2024 - Commercially Sensitive Information - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=9 26th August 2024 - Atodiad 04 - Gwybodaeth Fasnachol Sensitif. - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=10 26th August 2024 - Form of Tender - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=11 26th August 2024 - Atodiad 05 - Ffurflen Tendro - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=12 26th August 2024 - Anti collusion Certificate - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=13 26th August 2024 - Atodiad 06 Tystysgrif gwrth gydgynllwynio - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=14 26th August 2024 - Draft Fund Management Plan - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=AUG489431&idx=15 26th August 2024 - Smart Local Energy OBC Extract and Update - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=AUG489431 Fund Advisory Services for Ambition North Wales Clean Energy Fund - We are seeking suitably qualified and experienced Fund Advisor Services for our Clean Energy Fund. Our 2025 Clean Energy Fund will aim to support initiatives across North Wales which: - help achieve renewable energy and decarbonisation targets - have an element of local ownership The Fund will also help unlock private and community investment in new energy projects ## Notice URLs - http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=144060 - http://www.sell2wales.gov.wales/sitehelp/help_guides.aspx - https://ambitionnorth.wales/ - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-144060 - 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-144060. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-144060.json.