RFP QuestBeta
OpenStage · award

Development Bank of Wales

The Provision of Legal Services to the Teesside Flexible Investment Fund

Business ServicesCPV 79140000
ValueValue not published
Deadline
Published22 Jan 2025
RegionNationwide
Who to contact
procurement@developmentbank.wales
+44 02920338100

The procurement contact named on the official notice.

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The brief

Teesside Flexible Investment Fund The Teesside Flexible Investment Fund (“TFIF”) is a GBP20m fund established in April 2024 with financial support from the Teesside Pension Fund to facilitate the delivery of business succession and property development projects in Teesside that support economic growth and create employment.

The fund can also facilitate the delivery of contracts, although this is outside of the scope of this procurement.

The fund can provide funding from GBP250,000 to GBP3,000,000 over a maximum five (5) year term.

2.4 FWC as Fund Managers of the TFIF, are seeking to appoint an experienced legal panel on a call off basis to be utilised as and when required to support the role out of the fund.

Further information can be obtained from the Invitation to Tender

Key requirements

What the supplier must deliver

01

The Teesside Flexible Investment Fund (“TFIF”) is

The Teesside Flexible Investment Fund (“TFIF”) is a GBP20m fund established in April 2024 with financial support from the Teesside Pension Fund to facilitate the delivery of business succession and property development projects in Teesside that support economic growth and create employment.

02

The fund can provide funding from GBP250,000

The fund can provide funding from GBP250,000 to GBP3,000,000 over a maximum five (5) year term.

03

2.4 FWC as Fund Managers of

2.4 FWC as Fund Managers of the TFIF, are seeking to appoint an experienced legal panel on a call off basis to be utilised as and when required to support the role out of the fund.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
ocds-h6vhtk-045435
Stage
award · Awarded
Source
Find a Tender
Buyer ref
002284-2025
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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