RFP QuestBeta
Awarded · ResultStage · contract

DEPARTMENT OF HEALTH

Social Enterprise Investment Fund

Financial ServicesCPV 66000000
Value£477,478
Awarded22 Jun 2016
Published21 Oct 2016
RegionUK-wide

£477,478 — awarded.

Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£477ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The Social Enterprise Investment Fund was set up in 2007 to stimulate the role of social enterprise in health, wellbeing and social care though providing investment to help new social enterprises start up and existing social enterprises grow and improve their services.

By enabling social enterprises to deliver health and social care services, the Social Enterprise Investment Fund aimed to improve the quality of services for patients.

The Fund resulted in a portfolio of investments, both grant and loan, in social enterprises in accordance with sections 149 to 151 of the Health and Social Care Act 2008.

The Fund’s loan book is now closed.

The Department of Health (the Authority) sought tenders to continue with active portfolio management of the continuing SEIF investments to ensure maximum recovery of assets, as well as sustainability of the social enterprises now delivering health and care services.

Requirements

What the notice asks for

01

By enabling social enterprises to deliver health

By enabling social enterprises to deliver health and social care services, the Social Enterprise Investment Fund aimed to improve the quality of services for patients.

02

The Department of Health (the Authority) sought

The Department of Health (the Authority) sought tenders to continue with active portfolio management of the continuing SEIF investments to ensure maximum recovery of assets, as well as sustainability of the social enterprises now delivering health and care services.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
25d50da6-33e9-4b9c-a85d-aebd7de70ad0
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
60235
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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