ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance
Buyer: Arts Council England
- Published
- 5 March 2025
- Estimated value
- £166,667
- Place of performance
- UK
- Procedure
- Open procedure
- Notice number
- 008096-2025
- Reference
- ocds-h6vhtk-04b31e
- Official source
- Official source
CPV codes
- 79212500Accounting review services
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.
Lots (2)
| Lot | Description | CPV code | Amount |
|---|---|---|---|
| 1 | Lot 1: will cover Level 1 borrower organisations (typically small to medium sized arts and culture organisations, with a turnover of roughly under £15 million) | 79212500 Accounting review services | — |
| 2 | Lot 2: will cover Level 2 borrower organisations (typically large arts and culture organisations, with a turnover of roughly £15 million or above) | 79212500 Accounting review services | — |
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Festivals and Events International Ltd | — | — |
Official publications
- FTS · 008096-2025 · 5 March 2025
Other tenders from Arts Council England
- Evaluation of Cultural Development Fund
- ACE 1012 ITQ - Cultural Education Network One-to-One Evaluation
- Digital Development Partner
- Digital Development Partner
- Digital Development Partner
- Data Centre support and maintenance contract
- Provision of Offsite Backup for Critical data centre servers
- HR & Payroll SaaS system
- Payroll Bureau Services
- Project Management Consultancy Services
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £166,667.
- Who is the buyer of this tender?
- The contracting authority is Arts Council England (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
Create a free account and receive new public tenders published in the United Kingdom that match your business, every day.