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Official procurement procedure

Liverpool City Region Seed Fund: Fund Manager

Business services: law
marketing
consulting
+2 more
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Liverpool City Region Combined Authority: "Liverpool City Region Seed Fund: Fund Manager". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLiverpool City Region Combined AuthorityScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Liverpool City Region Combined Authority
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Liverpool City Region 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
Requires at least 5 comparable procedures
Competition Density
33.3Bids / Report
10.2% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 59 active published awards; 59 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 Unpublished data stays unknown.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
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
Published9 Jul 2025, 14:41 BST
Last source update9 Jul 2025, 14:41 BST
Recurring procurementNot published
ClassificationBusiness services: law, marketing, consulting, recruitment, printing and security
Delivery area
OCIDocds-h6vhtk-047e49
What is being bought
Liverpool 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.
What changed
From the official release history
  1. Status changed to complete
    9 Jul 2025, 14:41 BST
  2. Official notice release published
    9 Jul 2025, 14:41 BST
  3. Submission deadline changed to published date
    9 Jul 2025, 14:41 BST
  4. Status changed to active
    18 Jul 2024, 07:57 BST
  5. Official notice release published
    18 Jul 2024, 07:57 BST
  6. Submission deadline changed to 12 Sept 2024, 11:00 BST
    18 Jul 2024, 07:57 BST
  7. Buyer information updated
    18 Jul 2024, 07:57 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Liverpool 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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    9 Jul 2025, 14:41 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 12 Nov 2024, 00:00 GMT · £1,072,500
Commercial outcome and competition
Awards
LCRSF GENERAL PARTNER LTD
Not published · Not published · active
Contracts
Contract
£1,072,500 · signed 12 Nov 2024, 00:00 GMT · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

Liverpool City Region Combined Authority

Contracting authority GB-FTS-9774
View buyer profile
  • Liverpool City Region Combined Authority
    buyer

    1 Mann Island, Liverpool, UKD7, L3 1BP
  • LCRSF GENERAL PARTNER LTD
    supplier

    Liverpool, UKD7
  • Royal Courts of Justice
    reviewBody

    London
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published