ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance

Published date: 31 October 2024

Contract summary

Industry

Accounting services - 79211000

Location of contract

Any region

Value of contract

£200,000

Procurement reference

BIP898919951

Published date

31 October 2024

Closing date

2 December 2024

Closing time

12pm

Contract start date

17 February 2025

Contract end date

16 February 2027

Contract type

Service contract

Procedure type

Open procedure

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

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Description

Arts Council England are conducting a Procurement for a Framework of Financial Advisors to support with the administration of the Cultural Recovery Fund loans programme.

As part of the government's response to the Covid 19 crisis, the Department for Culture, Media and Sport (DCMS) made 37 loans to arts and culture organisations, investing £250 million. DCMS are the Lender for the loans, and Arts Council acts as their loan agent. A dedicated repayable finance team manages the day-to-day responsibility of the loan book management, monitoring, and reporting. From time to time, ACE requires an independent and impartial review of a borrower organisation and its financial model to support our decisions regarding their loans - referred to as Financial Advisors.

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More information

Links

https://www.delta-esourcing.com/tenders/UK-UK-Manchester:-Accounting-services./3S4BS97766

Tender notice

Please follow this link to view the notice.

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How to apply

Follow the instructions given in the description or the more information section.

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About the buyer

Address

The Hive, 49 Lever Street
Manchester
M1 1FN
UK

Telephone

+441619344317

Email

procurement.services@artscouncil.org.uk

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