Awarded contract

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

Details

Buyer: Arts Council England
Supplier(s): Festivals and Events International Ltd (FEI)
Value: GBP 166,666.67
Duration: 2 years
Topic: Accounting services
Published: 5 March 2025
Source: uk:contracts_finder

Tender 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.

Timeline

Completed: Award date24 February 2025
Completed: Award published5 March 2025
Current notice
Next: Contract expiry date23 February 2027in 6 months

About the buyer

Arts Council England is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

79211000 · Accounting services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@arts-council-england.gov
Commercial Director	+44 •••• ••••••	••••••••@arts-council-england.gov
Procurement Manager	+44 •••• ••••••	••••••••@arts-council-england.gov
Category Lead	+44 •••• ••••••	••••••••@arts-council-england.gov
Senior Buyer	+44 •••• ••••••	••••••••@arts-council-england.gov
Contracts Manager	+44 •••• ••••••	••••••••@arts-council-england.gov