RFP QuestBeta
OpenStage · tender

Ambition North Wales

Fund Advisory Services for Ambition North Wales Clean Energy Fund

R&DCPV 73000000
ValueValue not published
Deadline
Published28 Jul 2023
RegionNationwide
Who to contact
Mrs Sara Jones
sarajones@uchelgaisgogledd.cymru
+44 7765652510

The procurement contact named on the official notice.

When this comes round again

Ambition North Wales has published 3 Research & Development notices, about every 13 months. On that rhythm the next one is expected around November 2026.


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The brief

Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work.

The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas: Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy; Developing a marketing strategy and a launch plan; Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund.

It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund; Scoping the support required to enable an online application process channelled through ANW website; and Scoping any legal input or other external advisory support required for launch of the fund.

The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period.

The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund.

It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions.

Requirements

What the notice asks for

01

Market intelligence input into the Investment Strategy

Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy;.

02

Input into the ANW fund management plan

Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund.

03

It will provide an overview of

It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund;.

04

Scoping the support required to enable

Scoping the support required to enable an online application process channelled through ANW website; and.

05

Scoping any legal input or other external

Scoping any legal input or other external advisory support required for launch of the fund.

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
ocds-h6vhtk-03dcd5
Stage
tender · Open
Source
Find a Tender
Buyer ref
022028-2023
View the original notice on Find a Tender

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

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