Contract for an Investment Fund Management Service for the County Council of Durham
key details
| Value | £4,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66000000 |
| Region | North East |
| Deadline | 21 Nov 2016 |
| Contract start | 1 Apr 2017 |
| Contract end | 31 Mar 2020 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-5347b553-adca-11e6-9901-0019b9f3037b |
Awards (3)
This procurement was awarded to 3 suppliers. Values shown are per-award; the notice total is £4,000,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Maven Capital Partners shared | £128,800 | 22 Mar 2017 | active |
| Maven Capital Partners UK shared | £128,800 | 22 Mar 2017 | active |
| Mavern Capital Partners shared | £128,800 | 22 Mar 2017 | active |
description
This contract is for the appointment a single Financial Conduct Authority (FCA) authorised fund management company with the ability to deliver the following services on behalf of the Authority:
- Fund management activity undertaken in relation to the Finance Durham Fund for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).
- Provision of access to finance (A2F) business support activity for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).
- Assistance and support to Durham County Council (DCC) in relation to setting up a new DCC owned FCA regulated fund management company (NEWCO). It is the intention of the Authority that NEWCO undertakes the fund management activity associated with the management of the Finance Durham Fund from year 3 onwards.
For further information relating to this opportunity please see the enclosed Tender Pack and the Memorandum of Information.
documents
- https://www.contractsfinder.service.gov.uk/Notice/645b0d46-5721-4c71-b6b2-bc89c9fd1d5b , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 8 Jun 2017 | Award update (awardUpdate) | · | 645b0d46-5721-4c71-b6b2-bc89c9fd1d5b-152087 |
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source
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