DfE - Invest NI Small Business Loan Fund III

Concepts

• belfast
• finance and insurance
• banking and investment
• invest ni
• nisblf iii
• dfe - invest ni small business loan fund iii
• a fund manager
• the loan book
• the fund
• small

Location

BELFAST

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.

Renewal Options

Option to extend for two periods of 1 year

CPV Codes

• 66000000 - Financial and insurance services
• 66100000 - Banking and investment services
• 66113100 - Micro-credit granting services
• 66113000 - Credit granting services

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Award on basis of price and quality.

Other Information

Suppliers not delivering. on contract requirements is. a serious matter. It means the public purse is not. getting what it is paying for. If a Supplier fails to reach. satisfactory levels of contract. performance they will be given a specified time to. improve. If, after the specified time, they still fail to reach. satisfactory levels of contract. performance, the matter will be escalated to. senior management in CPD for further action. If this occurs. and their performance still. does not improve to satisfactory levels within the. specified period, it may be regarded as an act of grave. professional misconduct. and they may be issued with a notice of Unsatisfactory. Performance and the contract may be terminated.. The issue of a notice of. Unsatisfactory Performance will result in the Supplier being. excluded from all procurement competitions. being undertaken by Centres. of Procurement Expertise on behalf of bodies covered by the. Northern Ireland Procurement Policy for a period of twelve months from the. date of issue of the notice. .