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

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Buyers

Arts Council England

Value

£200,000

Classifications

Accounting services

Tags

tender

Submission Deadline

1 week from now

Published

3 weeks ago

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.

Documents

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Contract Agreement

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Award Notice

Details on the tender award and selected suppliers.

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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.

Arts Council England

Published 3 weeks ago

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Organisation

Arts Council England

national development agency for creativity and culture

[email protected]

441619344317

Timeline active

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