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Awarded

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

Published

Supplier(s)

Festivals and Events International Ltd

Value

166,666.67 GBP

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

Award date

16 days ago

Publish date

7 days ago

Buyer information

Arts Council England

Email:
procurement.services@artscouncil.org.uk

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Notice topic

Accounting services

Related topics

Compilation of financial statements servicesBookkeeping servicesAccounting and auditing services

Source

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