Kent County Council · Awarded contract
Awarded

Provision of Investment and Financial Due Diligence Support Services for Kent County Council

Awarded 01 Dec 2023

View live tenders
Awarded01 Dec 2023
Value£250,000.00
SupplierFSE C.I.C
AgencyKent County Council
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 24d3y term, 98% elapsed
Awarded 1 Dec 2023Expires 30 Nov 2026

About

Kent County Council awarded a contract to FSE C.I.C for independent financial appraisal reports to support investment decisions of KCC-managed business investment schemes.

The services include attending 2-3 monthly decision meetings, preparing financial appraisal reports at the full application stage for eligible applicants, and preparing reports at the debt recovery stage for existing loan recipients.

Each report contains business and financial analysis to assist the monthly decision-making meeting in making recommendations such as partially fund, fully fund, reject, or defer, and suggesting conditions, repayment schedules, and security.

Ad-hoc follow-up independent appraisal work may also be required.

Most work can be undertaken remotely, but attendance at designated Investment Advisory Board or Subgroup meetings and the Debt Recovery Group meeting is required.

The contract value is £250,000 and may be extended for two further periods of twelve months.

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