Source: https://tendernation.io/opportunities/01a13c0e-6bd6-714d-977c-3920ff463a18/contract-for-an-investment-fund-management-service-for-the-county-council-of-dur

awarded GB open procedure Suitable for SMEs

# Contract for an Investment Fund Management Service for the County Council of Durham

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

Estimated value

£4,000,000

Published

17 Oct 2016

Deadline

Closed

21 Nov 2016

## Who can bid

- Buyer says suitable for SMEs

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

This contract is for the appointment a single Financial Conduct Authority (FCA) authorised fund management company with the ability to deliver the following services on behalf of the Authority:

- Fund management activity undertaken in relation to the Finance Durham Fund for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).
- Provision of access to finance (A2F) business support activity for Years 1 to 3 (with a possibility of annual extensions for up to a further two years).
- Assistance and support to Durham County Council (DCC) in relation to setting up a new DCC owned FCA regulated fund management company (NEWCO). It is the intention of the Authority that NEWCO undertakes the fund management activity associated with the management of the Finance Durham Fund from year 3 onwards.

For further information relating to this opportunity please see the enclosed Tender Pack and the Memorandum of Information.

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/5347b553-adca-11e6-9901-0019b9f3037b)

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