Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
Hampshire County Council
The Castle
Winchester
SO23 8UJ
UK
E-mail: procurement.partners@hants.gov.uk
NUTS: UKJ3
Internet address(es)
Main address: www.hants.gov.uk
Address of the buyer profile: https://in-tendhost.co.uk/hampshire
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Enterprise M3 Fund Management
Reference number: ET10335
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
The contract is for the management and delivery of the Enterprise M3 Fund Management Service, consisting of the following financial products:
— medium term loans,
— equity investment,
— short term trade loans.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
2 500 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66120000
II.2.3) Place of performance
NUTS code:
UKJ3
UKJ2
Main site or place of performance:
Enterprise M3 area: Basingstoke and Deane, East Hampshire, Elmbridge, Guildford, Hart, New Forest, Runnymede, Rushmoor, Spelthorne, Surrey Heath, Test Valley, Waverley, Winchester, Woking.
II.2.4) Description of the procurement
Hampshire County Council, on behalf of Enterprise M3 LEP (Local Enterprise Partnership), was seeking a suitably qualified and experienced organisation to manage and deliver the Enterprise M3 Fund Management Service, consisting of the following financial products:
— medium term loans,
— equity investment,
— short term trade loans.
The Fund aim is to provide coverage to SME businesses with high growth potential who are operating within the Enterprise M3 geographic area.
The term of the contract is for an initial period of 3 years, with possible extensions of a further 7 years, on a 3 + 2 + 2 basis.
II.2.5) Award criteria
Quality criterion: Quality evaluation — Response to specification
/ Weighting: 60
Quality criterion: Presentation
/ Weighting: 20
Price
/ Weighting:
20
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2018/S 013-025790
Section V: Award of contract
Title: Enterprise M3 Fund Management
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
08/05/2018
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
FSE Fund Managers Limited
05644712
Riverside House, 4 Meadows Business Park, Blackwater
Camberley
GU17 9AB
UK
Telephone: +44 1276608527
E-mail: julie.silvester@thefsegroup.com
NUTS: UKJ26
Internet address(es)
URL: www.thefsegroup.com
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 2 500 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Hampshire County Council
Winchester
SO23 8UJ
UK
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
As set out in the public contracts Directive 2014/24/EU.
VI.5) Date of dispatch of this notice
16/05/2018