RFP QuestBeta
Awarded · ResultStage · contract

Greater Manchester Combined Authority

Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund

Financial ServicesCPV 66000000
Value£690k
Awarded28 Jan 2020
Published30 Mar 2020
RegionNorth West
Outcome — awarded

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

Contract value in context
£690ktotal 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 GMCA are looking to procure an Investment Adviser who shall be responsible for: (a) developing the pipeline of Potential Projects, following the origination of Potential Projects from public sector partners and the Investment Adviser's own network of contacts; (b) arranging the investment in and leading the negotiation and structuring of financial deals in viable projects with Project Developers who are Qualifying Financial Recipients and which fit within the Investment Policy.

All projects should at least be in compliance with Applicable Requirements and the Eligibility Rules, including State Aid Law and have soundness in terms of business model, cash flow projections, investment and project implementation partners; (c) monitoring compliance and risk in accordance with Applicable Requirements and the Eligibility Rules, including the pursuit (investigation and where applicable correction and recovery) of irregularities at final recipient level where required; (d) managing and arranging Relevant Investments in order to meet the Targets; and (e) recommending and managing appropriate exit strategies from Relevant Investments.

Full details on scope of the requirement can be found in the Tender Pack

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Source & provenance
OCID
70998a58-42b0-491d-9c56-915dad70aa32
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
GMCA001-DN453447-05311616
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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