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

A Tender Notice
by ARTS COUNCIL ENGLAND

Source
Contracts Finder
Type
Contract (Services)
Duration
2 year
Value
£200K
Sector
BUSINESS
Published
31 Oct 2024
Delivery
17 Feb 2025 to 16 Feb 2027
Deadline
02 Dec 2024 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

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.

CPV Codes

  • 79211000 - Accounting services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

Please follow this link to view the notice https://www.delta-esourcing.com/tenders/UK-UK-Manchester:-Accounting-services./3...

Reference

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