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United Kingdom-Gateshead: Financial and insurance services - EU tenders
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OP Portal - Procurement - Details

United Kingdom-Gateshead: Financial and insurance services

Overview
  • Published
    08/10/2019
  • Deadline
    11/11/2019
  • Opening of tenders
    11/11/2019
  • Awarded
    22/01/2020
  • Today
    02/10/2026
Status
Awarded
Type of contract
Services
Subject for Renewal
Yes
Buyer
North East Finance (Holdco) Ltd
Place of performance
NUTS code: UKC North East (England)
Location of buyer
NUTS code: UKC North East (England)
Business sector (Main CPV)
66000000 Financial and insurance services
Total estimated contract value (excluding VAT)
2,000,000.00 GBP
Total final contract value (excluding VAT)
1,800,000.00 GBP
Procedure details
Tender reference number
Not available
Description

The purpose of this procurement exercise is to appoint a single provider to deliver an independent investment and corporate finance advisory service in relation to a portfolio of venture capital investments (including a small element of debt funding) in SMEs based in the North East of England. The successful bidder will be responsible for maximising the financial returns from an existing investment portfolio by engaging with management teams to develop realisation strategies, negotiating with interested parties and advising the Board of NEF Holdco on suitable assets for disposal.

Submission Method
Tenders or requests to participate must be submitted to:
Official name: North East Finance (Holdco) Ltd
Postal address: North East Finance, First Floor, 33 Grey Street
Town: Newcastle upon Tyne
NUTS code: UKC
Postal code: NE1 6EE
Country: GBR
Contact person: James Arkless
Main address: www.nea2f.co.uk
Tenders may be submitted
Submission for all lots
Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
Not available
Conditions for opening tenders (date)
11/11/2019 12:00
Place of performance
UKC North East (England)
CPV code

66000000 - Financial and insurance services

66140000 - Portfolio management services

66122000 - Corporate finance and venture capital services

Award method
The most economic tender
Estimated value
2,000,000.00 GBP
Final contracted value
1,800,000.00 GBP
Award of contract
Official name: Hindley Capital Ltd
Postal address: Metropolitan House, Swalwell
Town: Newcastle upon Tyne
Postal code: NE16 3AS
Country: GBR
Documents
Prior information
Contract
Award
Footnote - legal notice

This content published on this page is meant purely as an additional service and has no legal effect. The Union's institutions do not assume any liability for its contents. The official versions of the relevant tendering notices are those published in the Supplement of Official Journal of the European Union and available in TED. Those official texts are directly accessible through the links embedded in this page. For more information please see Public Procurement Explainability and Liability notice.