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complete
Official procurement procedure
Business Growth and Social Impact Investment Fund Management
Business services: law
marketing
consulting
+3 more
Published value
Not published
Submission deadline Not published
Lots published2
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Cambridgeshire & Peterborough Combined Authority: "Business Growth and Social Impact Investment Fund Management". Published status: complete. Published value: Value not published. 2 published lots. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Cambridgeshire & Peterborough Combined Authority | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Cambridgeshire & Peterborough Combined Authority
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Cambridgeshire & Peterborough Combined Authority. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
16.3Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 55 active published awards; 55 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityCambridgeshire & Peterborough Combined Authority | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published11 Nov 2024, 22:16 GMT | Last source update11 Nov 2024, 22:16 GMT | Recurring procurementNot published |
ClassificationBusiness services: law, marketing, consulting, recruitment, printing and security, Financial and insurance services | ||
Delivery area | ||
OCIDocds-h6vhtk-040cc4 | ||
What is being bought
The Cambridgeshire and Peterborough Combined Authority (CPCA) is awarding two contracts to manage funding schemes, Fund 1 and Fund 2. The authority required delivery partners to manage both funds under two separate contracts. The term of the contracts will be 3 years plus an optional further year’s extension.
The fund's lifetime will be 10 years, with 3–4 years of investment and 6–7 years of realisation. This includes an annual review of the programme after the completion of the contract. The advice retainer will mirror this arrangement in terms of being available to the CPCA for a 10-year period.
The funding schemes are:
Fund 1 is a growth fund aimed at providing equity or debt funding to high-growth potential businesses that do not have access to funding from other sources. The priority sector will be green-tech businesses, plus businesses that want to invest in reducing their carbon emissions with equity investment and loans of £100,000-£500,000 to support business growth.
Fund 2: a fund aimed at providing grants or loans to third-sector businesses that do not have access to funding from other sources. This will consist of smaller loans or grants of less than £75,000 to support third-sector businesses and organisations.
What changed
From the official release history
- tender value changed
11 Nov 2024, 22:16 GMT - Status changed to complete
11 Nov 2024, 22:16 GMT - Official notice release published
11 Nov 2024, 22:16 GMT - Submission deadline changed to published date
11 Nov 2024, 22:16 GMT - Published value updated to £500,000
17 Oct 2023, 16:04 BST - Status changed to active
17 Oct 2023, 16:04 BST - Official notice release published
17 Oct 2023, 16:04 BST - Submission deadline changed to 16 Nov 2023, 12:00 GMT
17 Oct 2023, 16:04 BST - Buyer information updated
17 Oct 2023, 16:04 BST
Lots and requirements (2)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcancelledPublished valueNot publishedFund 1 is a growth fund aimed at providing equity or debt funding to high-growth potential businesses that do not have access to funding from other sources. The priority sector will be green-tech businesses, plus businesses that want to invest in reducing their carbon emissions with equity investment and loans of £100,000-£500,000 to support business growth.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
- Lot 2 · #2Individual lot title not publishedcancelledPublished valueNot publishedFund 2: a fund aimed at providing grants or loans to third-sector businesses that do not have access to funding from other sources. This will consist of smaller loans or grants of less than £75,000 to support third-sector businesses and organisations.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
11 Nov 2024, 22:16 GMT - Award active
Not published · Not published - Award active
Not published · Not published - Contract active
Signed 13 Sept 2024, 00:00 BST · £144,000 - Contract active
Signed 7 Aug 2024, 00:00 BST · £356,010
Commercial outcome and competition
Awards The FSE Group Not published · Not published · active Allia Future Business Centre Not published · Not published · active |
Contracts Contract £144,000 · signed 13 Sept 2024, 00:00 BST · active Contract £356,010 · signed 7 Aug 2024, 00:00 BST · active |
Bid statistics bids: 3 (lot 1) bids: 3 (lot 2) |
Buyer and organisations in this procedure
Cambridgeshire & Peterborough Combined Authority
Contracting authority GB-FTS-66201Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published