Awarded contract

GB-Sheffield: Framework Agreements for Fund Management Incorporating the Midland Engine Investment Fund - Lot 1 East

Details

Buyer: British Business Bank
Supplier(s): Foresight Impact Midlands Engines FP LP
Value: £35,000,000
Duration: 10 years
Topic: Financial and insurance services
Published: 13 July 2018
Source: ContractsFinder

Tender description

Midlands Engine Investments Limited has conducted this procurement to contract a fun manager for Lot 1 - Equity fund within the Framework range value of £80m to £300m across a number of funds.

Timeline

Completed: Award date12 December 2017
Completed: Award published13 July 2018
Current notice
Next: Contract expiry date19 February 2028in 16 months

About the buyer

British Business Bank is a government-owned economic development bank and non-departmental public body, wholly owned by the Department for Business and Trade. A supplier management policy sets out how the Bank runs its contracts. Monthly spend above a set threshold is published for transparency. Suppliers can also read the Bank's guide to public sector tendering.

Public sector frameworks let suppliers win call-off contracts through mini-competitions.

Over the past 5 years, most of British Business Bank's contract awards have been in business services, financial and insurance services and software and information systems.

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@british-business-bank.gov
Commercial Director	+44 •••• ••••••	••••••••@british-business-bank.gov
Procurement Manager	+44 •••• ••••••	••••••••@british-business-bank.gov
Category Lead	+44 •••• ••••••	••••••••@british-business-bank.gov
Senior Buyer	+44 •••• ••••••	••••••••@british-business-bank.gov
Contracts Manager	+44 •••• ••••••	••••••••@british-business-bank.gov