The Arts Council of England: ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance

  The Arts Council of England is using Delta eSourcing to run this tender exercise

Opportunity Information
Title: ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance
Type: TenderBox
Authority: The Arts Council of England
Opening Date: 31/10/2024 15:45
Closing Date: 31/10/2024 16:10
Description: ACE 614 ITT - Framework Of Financial Advisors For Arts And Culture Repayable Finance 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.
Please note that the deadline for response to this opportunity has passed. However, you can still register or log-into the Delta eSourcing solution to prepare your Supplier Profile for future opportunities.

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