Closed tender

NELEP Access to Finance for SMEs Market Analysis 2024

Details

Published
7 February 2024
Submission
23 February 2024

Tender description

The North East Fund, the latest iteration of a regional financial instruments programme, will cease making investments in March 2025. A replacement is proposed – the “successor fund”. The North East LEP wishes to appoint an independent third party to undertake a market analysis to ensure the proposed fund is appropriate. The work required is as follows: • Market gap and demand analysis • Consultation with experts to test understanding • Recommendations on the size and focus of the successor fund Whilst the Buyer in the Contact Details is listed as “North Tyneside Council”, this entry is system generated. For the avoidance of doubt, the Buyer in this case is the North East LEP. North Tyneside Council are conducting this procurement on NE LEP's behalf https://procontract.due-north.com/Advert?advertId=28a4843a-dac5-ee11-8127-005056b64545&p=1c9e782c-541e-e611-8114-000c29c9ba21 Keywords: Market Research

Timeline

  1. Completed: Tender published7 February 2024
    Current notice
  2. Completed: Submission date23 February 2024

About the buyer

North Tyneside Council delivers local services across the borough as a local authority, advertising its contract opportunities on the NEPO Portal. Suppliers register free on the portal, then register interest in a specific opportunity before submitting a questionnaire and supporting documents. A Dynamic Purchasing System lets suppliers apply at any time, with compliance checked first and mini-competitions run for individual requirements. Suppliers can opt out of individual mini-competitions without losing their place on the DPS. The Business Factory, the council's business support programme, offers workshops and one-to-one help with bids for larger contracts.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of North Tyneside Council's contract awards have been in construction materials, health and social work and construction work.

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Decision makers

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