QU510 - Feasibility Study of Financial Support Mechanism

Concepts

• feasibility study
• west midlands
• birmingham city council
• feasibility study of financial support mechanism
• alternative financial support mechanisms
• council for each mechanism
• findings of the feasibility study
• alternative mechanisms
• feasibility
• mechanism

Location

Description

The Council is seeking experienced/independent external consultants to undertake a feasibility study to establish alternative financial support mechanisms for repayment grants, loans, loan guarantees, equity schemes and wage subsidy schemes. The findings of the feasibility study will be used to formulate a business strategy for Birmingham City Council and it is intended that the new provision will be delivered inhouse by the City Council. The Feasibility needs to provide: o An in-depth overview of current market provision for a) repayment grants, b) loans c) loan guarantees (ie interest free and soft loans), d) equity provisions and wage subsidies o Market need and demand for alternative mechanisms o Conduct an online survey to establish SME preferences and gauge the appetite for the provision options being considered o Gaps/opportunities in the market o Liaise with key stakeholders/Council delivery partners o Identify/liaise with Local Authorities which already have alternative financial mechanisms in place o Level of investment required by the Council for each mechanism/the minimum scales of funding provision o Advantages/disadvantages of each option o Engagement with the Council's key delivery partners and SMEs to gauge feedback on these proposals o Recommendations for the best option This contract will be for a period of 8 weeks commencing 13th September 2021 until 5th November 2021.

CPV Codes

• 71241000 - Feasibility study, advisory service, analysis
• 79314000 - Feasibility study
• 73210000 - Research consultancy services
• 66171000 - Financial consultancy services
• 79412000 - Financial management consultancy services
• 73200000 - Research and development consultancy services
• 71356300 - Technical support services
• 71600000 - Technical testing, analysis and consultancy services
• 79410000 - Business and management consultancy services
• 72221000 - Business analysis consultancy services
• 71621000 - Technical analysis or consultancy services

Indicators

• Contract is suitable for SMEs.

Other Information

The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access https://in-tendhost.co.uk/birminghamcc/ and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant quotation documentation. If you are unable to register with In-tend or have any questions or problems on how to use this web site please either email us at: cps@birmingham.gov.uk or call CPS Helpdesk on 0121 464 8000. Your completed quotation submission should be returned by noon on 19th August 2021 via the 'in-tend' system https://in-tendhost.co.uk/birminghamcc If you are interested in tendering please click on the following link to access Birmingham City Council's tender Portal. Delivery Notes Birmingham Is a Recurrent Procurement Type? : No Additional information on how to apply for this contract https://in-tendhost.co.uk/birminghamcc/aspx/