DfE - Invest NI Small Business Loan Fund III

Tender description

Invest NI is seeking to appoint a fund manager to manage and deliver NISBLF III on behalf of Invest NI for a ten-year period with an option to extend for two periods of 1 year, if required at the end of the fund, to exit from the loan book in an orderly fashion. Lot 1: Invest NI is seeking to appoint a fund manager to manage and deliver NISBLF III on behalf of Invest NI for a ten-year period with an option to extend for two periods of 1 year, if required at the end of the fund, to exit from the loan book in an orderly fashion. Additional information: The figure indicated in Section II 1.5 represents an estimated contract value. This value reflects thepotential scale of the contract and takes into account potential optional extension periods and the uptake of potential optional servicesas detailed in the tender documents. This figure does not however take into account the application of indexation. Neither CPD nor theAuthority can provide any guarantee as to the level of business under this contract. The Contracting Authority does not bind itself toaccept the lowest or any tender. Economic Operators remain responsible for all costs and expenses incurred by them or by any thirdparty acting under instructions from the Economic Operator in connection with taking part in this procurement process regardlessof whether such costs arise as a consequence, directly or indirectly of any amendments made to the procurement documents by theContracting Authority at any time. No legally binding contract shall arise and an Economic Operator shall. have no legitimate expectationthat a contract will be entered into until such time as entry into the Contract has been confirmed by the. Contracting Authority. EconomicOperators should note that all dates, time periods and figures in relation to values and volumes specified. in this notice and theprocurement documents are approximate only and the Contracting Authority reserves the right to change any or all of them. Lot 1: Invest NI is seeking to appoint a fund manager to manage and deliver NISBLF III on behalf of Invest NI for a ten-year period with an option to extend for two periods of 1 year, if required at the end of the fund, to exit from the loan book in an orderly fashion. Additional information: The figure indicated in Section II 1.5 represents an estimated contract value. This value reflects thepotential scale of the contract and takes into account potential optional extension periods and the uptake of potential optional servicesas detailed in the tender documents. This figure does not however take into account the application of indexation. Neither CPD nor theAuthority can provide any guarantee as to the level of business under this contract. The Contracting Authority does not bind itself toaccept the lowest or any tender. Economic Operators remain responsible for all costs and expenses incurred by them or by any thirdparty acting under instructions from the Economic Operator in connection with taking part in this procurement process regardlessof whether such costs arise as a consequence, directly or indirectly of any amendments made to the procurement documents by theContracting Authority at any time. No legally binding contract shall arise and an Economic Operator shall. have no legitimate expectationthat a contract will be entered into until such time as entry into the Contract has been confirmed by the. Contracting Authority. EconomicOperators should note that all dates, time periods and figures in relation to values and volumes specified. in this notice and theprocurement documents are approximate only and the Contracting Authority reserves the right to change any or all of them.