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Ex-ante appraisal for ERDF investment into an Urban Development Fund
Descriptions
The areas of Cheshire and Warrington and Lancashire need to evidence, to the satisfaction of DCLG, the case for distributing ERDF through an UDF in accordance with the allocations identified in their European Structural and Investment Fund (ESIF) Strategies. They therefore need to complete an ex-ante appraisal to consider, firstly, the question of whether there is a market failure in the investment priorities that is sufficient to justify the commitment of ERDF funds and, secondly, the nature of the products required to address that market failure (e.g. debt, equity etc). In addition, Cheshire and Warrington are currently considering their investment strategy for deploying £12.1m of recycled Growing Places Fund (GPF). The ex-ante appraisal should therefore also consider to what extent this funding could be deployed to complement potential ERDF eligible developments across Cheshire and Warrington or help address access to finance issues for ERDF ineligible development such as retail and residential schemes.
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Keywords
financial consulting
transaction processing
clearinghouse operations
payment consultancy
trade clearinghouse
financial advisory
back-office processing
deal processing
financial operations consulting
clearinghouse facilitation
Market and economic research
business consultancy
management advisory
organizational strategy
corporate consulting
management services
process optimization
operational improvement
professional consulting services
misc business services
general corporate support
operational services
business facilitation
ad hoc business assistance
office support
professional service diversity
miscellaneous corporate services
non-specialized business services
Tender Lot Details
2 Tender Lots
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Possible Competitors
1 Possible Competitors
