Tender

FGS001/2018 Community Bank

MIDDLESBROUGH BOROUGH COUNCIL

This public procurement record has 4 releases in its history.

TenderAmendment

06 Feb 2018 at 12:10

TenderAmendment

05 Feb 2018 at 11:08

TenderAmendment

05 Feb 2018 at 09:21

Tender

29 Jan 2018 at 15:09

Summary of the contracting process

The Middlesbrough Borough Council is currently managing the tender process for the "FGS001/2018 Community Bank" project, aimed at establishing a self-sustaining community bank in both Middlesbrough and Redcar & Cleveland. The procurement falls under the financial and insurance services category, with a total value of £515,000. The tender is in the active stage, utilising a selective procurement method through competitive dialogue, allowing for enhanced interaction with potential suppliers. The tender period is set to close on 2nd March 2018, with the contract expected to commence on 8th May 2019 and conclude on 31st December 2021, within the North East region of the United Kingdom.

This tender offers significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), to become involved in providing essential financial services. The competitive dialogue process encourages innovative solutions and collaboration, making it an ideal environment for companies specialising in financial services or community development. Firms with a strong track record in establishing financial institutions, community banks, or similar ventures would be particularly well-suited to compete in this procurement process.

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Notice Title

FGS001/2018 Community Bank

Notice Description

Middlesbrough and Redcar & Cleveland Borough Council's are jointly procuring in order to secure a highly experienced and quality provider to establish and make self-sustainable within 3 years a community bank in each respective local area. The Councils are looking for a single supplier to deliver the service for both Authorities on an individual contract basis. The Councils are utilising the Competitive Dialogue process in order to offer more opportunities to dialogue with the market in order to ensure the most robust bids are received.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-03977e3d-a79e-4610-96c2-cd35edab1d66
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/127949f7-ceae-433a-87d5-faec8abbee80
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£515,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20188 years ago
Submission Deadline
2 Mar 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2018 - 30 Jun 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MIDDLESBROUGH BOROUGH COUNCIL
Contact Name
Claire Walker
Contact Email
claire_walker@middlesbrough.gov.uk
Contact Phone
+44 1642728415

Buyer Location

Locality
MIDDLESBROUGH
Postcode
TS1 9FZ
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Middlesbrough
Electoral Ward
Newport
Westminster Constituency
Middlesbrough and Thornaby East

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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