Official UK procurement notice
Liverpool City Region Seed Fund: Fund Manager
Authority: Liverpool City Region Combined Authority (Local council)
What is being bought
Published requirement descriptionLiverpool City Region has one of the UK's most developed place-based innovation
ecosystems. However, despite high business birth rates, Liverpool City Region has
relatively low levels of high growth enterprises. This is in part due to a lack of finance at the crucial
seed stage of investment. Research commissioned by Liverpool City Region Combined
Authority indicates that 'providers of Seed Fund investment in Liverpool City Region are
limited' despite a strong pipeline of demand.
Liverpool City Region Combined Authority has committed to investing in the LCR
Seed Fund. The Combined Authority is leading on the procurement and selection of a Fund
Manager. This forms part of a wider programme of activity to stimulate the growth of early stage
businesses with high-growth potential. The CA will be conducting a tender exercise to seek a high-quality Fund Manager able to meet the objectives oft he Fund. This will include consideration of the scale of Fund, options to leverage additional investment and proposals to embed activity in the Liverpool City Region Innovation Eco-System.
CPV: Business services: law, marketing, consulting, recruitment, printing and security
The lotProcurement structure
single lot · no lot value publishedWhat it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Quality: 80%
- Cost: 20%
Published award criteria (2)
- Quality: 80
- Cost: 20
- Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 18 Jul 2024, 07:57 BST
- Last source update
- 9 Jul 2025, 14:41 BST
- Award evaluation window
- 12 Sept 2024 – …
- Authority reference
DN712624- FTS notice number
2025/S 000-038634- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-047e49Find a Tender
How it was run
Official notice- Submission deadline
- 12 Sept 2024, 11:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 12 Sept 2024, 11:00 BST
Timeline
12 Sept 2024 → 9 Jul 2025 · 3 dates- Submission deadline12 Sept 2024, 11:00 BST
- Bids opened12 Sept 2024, 11:00 BST
- Notice published9 Jul 2025, 14:41 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete9 Jul 2025, 14:41 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| LCRSF GENERAL PARTNER LTD | £1,072,500 † | — | Awarded |
Contracts
Contract 038634-2025-1 · LCRSF GENERAL PARTNER LTD
- Signed
- 12 Nov 2024
- Value
- £1,072,500
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- LCRSF GENERAL PARTNER LTDAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.