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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award notice |
| Buyer: | Invest Northern Ireland |
| Main Category: | Services |
| Procurement Method: | Open procedure |
| Tender Status: | Closed |
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| Not specified |
| Release Date: | 25 September 2024 |
| Application Deadline: | — |
| Procurement ID (OCID): | ocds-h6vhtk-048a2e |
| Notice Reference: | 030663-2024 |
All 2 notices for this procurement, oldest first.
DfE - Invest NI - Management of Co-Fund I, II and III
DfE - Invest NI - Management of Co-Fund I, II and III
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
Awarded to
| Award status: | Active |
Invest NI is seeking to appoint a fund manager to manage and deliver CIF III for a ten-year period with an option to extend for four periods of one year each. The initial ten-year term is split into a five year investment period, followed by a five year follow on and exit period. A legal contract, by way of a Limited Partnership Agreement (“LPA”) and a Management Services Agreement (“MSA”), will govern the ten-year contract to deliver CIF III and a draft LPA and MSA will be included in the tender documents.
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