📑Agreement for the Cornwall and Isle of Scilly Investment Fund (CIOSIF) Fund
Procurement process summary
This process is to purchase Agreement for the Cornwall and Isle of Scilly Investment Fund (CIOSIF) Fund.
This contract was awarded by 🇬🇧 British Business Financial Services Limited for an amount of GBP 10,000,000 to 1 supplier. It was published on 2018-05-17 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇬🇧 British Business Financial Services Limited Buying unitnot reported Publication date2018-05-17 Contest statusnot reported DescriptionThe British Business Bank is conducting this procurement to establish an agreement for a fund manager for the Cornwall and Isles of Scilly region for: a combined debt and equity fund; value range of: 40 000 000 GBP to 80 000 000 GBP. The estimated total value set-out in II.1.5) and repeated in II.2.6) is the maximum value of the Fund Manager fees that the Authority expects to pay under this Agreement.Awards
This award was granted to FSE Fund Managers Ltd by British Business Financial Services Limited for an amount of GBP 10,000,000. The procurement process was conducted through open for the category of services. The award was granted on 2018-04-30. This is award number 1.
| Supplier | Amount | Award date | Award number |
|---|---|---|---|
| 🇬🇧 FSE Fund Managers Ltd | GBP 10,000,000 | 2018-04-30 | 1 |
Market context and opportunities
The execution of this contract allows the entity British Business Financial Services Limited to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-58f68220-410c-454e-92f2-be6de417d62e-award-1Publication date2018-05-17Contract datenot reportedAward date2018-04-30CategoriesservicesPurchase modalityopenMethod detailspt_openStatusnot reportedData sources
Sociedad.info publishes data from official sources, in compliance with public information access laws. Public access to this data is a civic right that helps hold government accountable. This data, including names and identifiers, is already public in the official source. Read our privacy policy.
