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Rosebud Investment Fund Management Services

Lancashire County Council Published 3 Apr 2019 Contracts Finder

key details

Value£320,000
Statuscomplete
Category (CPV) 66100000
RegionNorth West
Deadline1 May 2019
Contract start1 Jul 2019
Contract end30 Jun 2024
Procedureopen
SME suitableYes
OCIDocds-b5fd17-9fa4831c-a12c-4dc5-8035-e82b40c04013

Award

SupplierValueDateStatus
The Enterprise Fund Limited T/A Growth Company Business Finance £1,280,000 31 May 2019 active

description

This tender is for the establishment of a single supplier framework agreement for the provision of an Investment Fund Management service for the Rosebud finance scheme.

Rosebud finance (Rosebud) is a package of financial instruments for growing businesses in Lancashire County Council's administration area, provided by Lancashire County Developments Ltd (LCDL), which is a wholly owned subsidiary of the Council.

Whilst Rosebud has been an effective economic development tool for over 30 years, the Council are tendering on the basis of a new model for delivery which requires the new fund managers to manage a re-specified range of funds/products and where investment decision making will be more fully devolved.

The fund management service will work closely with LCDL to support the economic activities of the company and the Authority's Corporate Communications in the promotion of Rosebud.

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
4 Jun 2019 Award (award) · c997142e-d9cb-4da0-a28d-ec8664228d55-293076

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