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

Arts Council England

Buyer Contact Info

Buyer Name: Arts Council England

Buyer Address: The Hive, 49 Lever Street, Manchester, M1 1FN, UK

Contact Email: procurement.services@artscouncil.org.uk

Contact Telephone: +441619344317

Status
complete
Procedure
open
Value
166666.67 GBP
Published
05 Mar 2025, 15:10
Deadline
20 Feb 2025, 00:00
Contract Start
24 Feb 2025, 00:00
Contract End
23 Feb 2027, 23:59
Category
services
CPV
79211000 - Accounting services
Region
n/a
Awarded To
Festivals and Events International Ltd
Official Source
Open Contracts Finder

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.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Raw Notice JSON

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