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Official procurement procedure

West Yorkshire Business Accelerator Fund Manager

Banking and investment services
Yorkshire & Humber (UKE4)
Published value
£20,000,000
Submission deadline 2 Jul 2021, 10:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: West Yorkshire Combined Authority: "West Yorkshire Business Accelerator Fund Manager". Published status: active. Published value: £20,000,000. 1 published lot. Recorded submission deadline: 2 Jul 2021, 10:00 BST. See the official notice for participation instructions.
Contracting AuthorityWest Yorkshire Combined AuthorityScope & CategoriesNot publishedSubmission Window
Closed
2 Jul 2021, 10:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£20,000,000
Bidder Intelligence · Authority Profile: West Yorkshire Combined Authority
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for West Yorkshire 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
Not availableNo published reports
Bid counts are not published for this buyer
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: 0 active published awards; 0 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 Unpublished data stays unknown.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 AuthorityWest Yorkshire Combined Authority
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published2 Jun 2021, 15:05 BST
Last source update2 Jun 2021, 15:05 BST
Recurring procurementNo
ClassificationBanking and investment services
Delivery area
Yorkshire & Humber (UKE4)
OCIDocds-h6vhtk-02b79b
What is being bought
The Combined Authority has identified a need for additional regional funding for high growth SME’s. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund – the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.
What changed
From the official release history
  1. Published value updated to £20,000,000
    2 Jun 2021, 15:05 BST
  2. Status changed to active
    2 Jun 2021, 15:05 BST
  3. Official notice release published
    2 Jun 2021, 15:05 BST
  4. Submission deadline changed to 2 Jul 2021, 10:00 BST
    2 Jun 2021, 15:05 BST
  5. Buyer information updated
    2 Jun 2021, 15:05 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£20,000,000
    The Combined Authority has identified a need for additional regional funding for high growth SME’s. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund – the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    2 Jun 2021, 15:05 BST
  2. Submission deadline
    2 Jul 2021, 10:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

West Yorkshire Combined Authority

Contracting authority GB-FTS-18230
View buyer profile
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published