Source: https://tendernation.io/opportunities/01a13b8c-7547-729e-9ecf-55abba6ce158/warwickshire-recovery-and-investment-fund-external-fund-advisory-services-prop

awarded GB open procedure Suitable for SMEs

# Warwickshire Recovery and Investment Fund: External Fund Advisory Services -Property & Infrastructure

[Warwickshire County Council](https://tendernation.io/buyers/warwickshire-county-council)

Estimated value

£500,000 to £2,000,000

Published

24 Sept 2021

Deadline

Closed

25 Oct 2021

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The Warwickshire Recovery Investment Fundâ&#128;¯(WRIF)â&#128;¯specifically addresses a gap that has been identified in the market for access to finance. The aim is to distribute Â£140 million over the next five years, offeringâ&#128;¯loans and other financial investments toâ&#128;¯existing and new businesses toâ&#128;¯help their long-term recovery and growth.

The WRIF will comprise of three pillars of support:

â&#128;¢ Business Investment Growth - Debt finance to growing medium and larger businesses with soundâ&#128;¯prospects (likely to be in the region of Â£90 million).

â&#128;¢ Local Communities and Enterprise - Smaller loans in order toâ&#128;¯support small businesses, including start-ups and social enterprises (likely to be in the region of Â£10 million).

â&#128;¢ Property and Infrastructure - Investmentâ&#128;¯in commercial sites and premisesâ&#128;¯toâ&#128;¯encourage businesses to invest in Warwickshire and create jobsâ&#128;¯(likely to be in the region of Â£40 million).

This ITT relates to the requirement for the Property and Infrastructure Pillar. Warwickshire County Council ('the Council') is seeking an External Fund Advisor to manage the Property and Infrastructure Pillar.

The Property & Infrastructure Pillar is intended as a flexible investment scheme that can be deployed by the Council to help developers purchase and/or for the development of new employment land or commercial space to support the growth of Warwickshire's economy. Its focus is on creating or enhancing new or existing development that will help provide the land and premises needed to drive the future growth of our economy and will therefore be linked to supporting growth in the Council's key priority sectors.

The Fund Advisor will be responsible for the the promotion, marketing and day to day administration of the activities of the Fund. It will originate and compile investment opportunities against the agreed Investment Strategy. It will undertake the necessary due diligence prior to making recommendations that support WCC's approval process prior to each investment being made. It will then be responsible for the ongoing management of this investment.

Additional information: Warwickshire County Council will be using its e-tendering system (In-Tend) for the administration of this procurement process and providers must register with the system to be able to express an interest.

### The web address is: www.csw-jets.co.uk

Registration and use of In-Tend is free. Once registered, all correspondence for this procurement process must be via the in-tend correspondence function. However, if you are unable to register with the website please email us at 

During the course of the contract period the range and scope of these services may be subject to modification and variation to meet the changing needs and requirements of the Council, potential changes in legislation and the changing demands placed on the Council by its customers.

Read full description

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/0c5cc161-d8c5-4f69-9be4-4b1175bf2da3)

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