# Contract for the Provision of Due Dilligence Services for The Growth Fund \(TGF\)

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [GATESHEAD COUNCIL](/buyers/gateshead-council/contract-awards)
- Contract winner: UNW LLP
- Award value: £80,000
- Tender value: £80,000
- Award date: 24 November 2020
- Published: 27 November 2020
- Contract start: 24 November 2020
- Contract end: 30 June 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 513bc580-0586-4113-931a-e74f71da6d94-396559
- OCID: ocds-b5fd17-dbef8138-ab8b-4e59-8459-b85961f04c6e

## Description

Gateshead Council is seeking to appoint an organisation to provide due diligence services to assist the Council and its delivery partner in administering The Growth Fund \(TGF\)\. The Growth Fund is a new grant programme for SMEs in Gateshead, South Tyneside and Sunderland local authority areas for capital investment projects to stimulate and enable sustainable business growth and is funded by the England European Regional Development Fund \(ERDF\) as part of the European Structural and Investment Funds Growth Programme 2014-2020\. The Growth Fund is being delivered by Gateshead Council in partnership with UMi Limited\. The successful tenderer will be required to carry out due diligence on grant applications that have been approved in principle by TGF Investment Panel, documenting its findings in a written report and providing a recommendation to Gateshead Council and UMi\. The specific services to be provided will be as follows: • Provision of financial, due diligence, grant and state aid advice to UMi, TGF Investment Panel and Gateshead Council in connection with TGF\. • Attendance at TGF Investment Panel meetings \(in a non-voting capacity\) with the Investment Panel normally meeting every 2 months or more frequently if necessary\. Meetings will be held either in person or via video conference, according to the prevailing circumstances at the time\. • Carrying out due diligence appraisals of grant applications approved in-principle by TGF Investment Panel • Preparation of a written report on each grant application, in accordance with the scope • As and when required in connection with TGF: - Advice on an ad-hoc basis in addition to advising on the points outlined in the written reports\. - Provision of case-specific advice on grant applications to ensure potential issues and risks are identified and addressed quickly\. - Attendance at Panel meetings to provide technical advice - Delivery of financial training to the project delivery team in order to share best practice and specialist insight\. Additional information: This process is being managed electronically through the Councils e-tendering system\. Tender documentation is only available through the e-tendering system and bids must only be submitted using this system\. To register interest in this contract and to obtain the relevant documents please go to www\.nepo\.org\. The contract reference is DN484247\. If you require assistance with the website or registration process please contact the System Support Team on 0330 0050352 or ProContractSuppliers@proactis\.com

## Related contract awards

- [GB-Gateshead: TPPL Gateshead Council NEPO GM & P Lot 1 - 2 x Lawn Tractors \(New\) \(32815\)](/contracts/ocds-b5fd17-bb2be143-226c-4adc-86f1-38601ee0370f): Gateshead Council
- [GB-Gateshead: TPPL Gateshead Council HCC Lot 2 - 2 x 3\.5t Ford Transit L3 H3 Welfare Van \(30124\)](/contracts/ocds-b5fd17-92c95202-6878-4001-9395-33238f86b216): Gateshead Council
- [GB-Gateshead: TPPL Gateshead Council HCC Lot 2 - 2 x 3\.5t Ford Tipper \(30120\)](/contracts/ocds-b5fd17-878a4bd1-cc35-4876-b6b3-6ae58c4b79af): Gateshead Council
- [Financial Advice on Newcastle Airport](/contracts/ocds-b5fd17-e3f0627f-0c95-4435-aace-1efed8fd7f12): South Tyneside Council
- [NE LEP ESF Finance Assurance](/contracts/ocds-b5fd17-41e19d1c-6e4a-4132-8868-8c63ea40c151): North Tyneside Council
- [Provision of Due Diligence for North of Tyne](/contracts/ocds-b5fd17-2a8f46d9-08f5-46b6-8297-9fc594faf1d2): NORTH TYNESIDE COUNCIL

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/513bc580-0586-4113-931a-e74f71da6d94-396559)