Contract

Fund Advisory Services for Ambition North Wales Clean Energy Fund

  • Ambition North Wales

F03: Contract award notice

Notice identifier: 2023/S 000-023937

Procurement identifier (OCID): ocds-h6vhtk-03dcd5

Published 15 August 2023, 4:20pm



Section one: Contracting authority

one.1) Name and addresses

Ambition North Wales

Government Buildings, Sarn Mynach,

Llandudno Junction

LL31 9RZ

Contact

Mrs Sara Jones

Email

sarajones@uchelgaisgogledd.cymru

Telephone

+44 7765652510

Country

United Kingdom

NUTS code

UKL12 - Gwynedd

Internet address(es)

Main address

https://ambitionnorth.wales/

Buyer's address

https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0361

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Fund Advisory Services for Ambition North Wales Clean Energy Fund

Reference number

SLEF - FSA - ER01

two.1.2) Main CPV code

  • 73000000 - Research and development services and related consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas:

Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy;

Developing a marketing strategy and a launch plan;

Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund;

Scoping the support required to enable an online application process channelled through ANW website; and

Scoping any legal input or other external advisory support required for launch of the fund.

The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund.

It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions.

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 73000000 - Research and development services and related consultancy services
  • 73200000 - Research and development consultancy services
  • 73210000 - Research consultancy services
  • 73220000 - Development consultancy services
  • 73300000 - Design and execution of research and development

two.2.3) Place of performance

NUTS codes
  • UKL11 - Isle of Anglesey
  • UKL12 - Gwynedd
  • UKL13 - Conwy and Denbighshire
  • UKL23 - Flintshire and Wrexham
Main site or place of performance

Across North Wales

two.2.4) Description of the procurement

Open Tender

two.2.5) Award criteria

Quality criterion - Name: as per procurement documents / Weighting: 100

Price - Weighting: 0

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-018263


Section five. Award of contract

Contract No

SLEF - FSA - ER01

A contract/lot is awarded: No

five.1) Information on non-award

The contract/lot is not awarded

Other reasons (discontinuation of procedure)


Section six. Complementary information

six.3) Additional information

(WA Ref:134097)

six.4) Procedures for review

six.4.1) Review body

High Court

Royal Courts of Justice, The Strand

London

WC2A 2LL

Telephone

+44 2079477501

Country

United Kingdom