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

Concepts

• manchester
• accounting services
• financial advisors
• the cultural recovery fund loans programme
• arts council england
• arts council
• culture
• arts and culture repayable finance
• arts and culture organisations
• the cultural recovery fund

Location

Geochart for 1 buyers and 1 suppliers

Arts Council England

Festivals & Events

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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.

Award Detail

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/delta/respondToList.html?noticeId=931466015