Notice Information
Notice Title
PIN Notice for Market Engagement for A Credit Union to be part of a Community Banking Offer for London Borough of Barking and Dagenham
Notice Description
This PIN notice is for market pre-engagement only and is not a call for competition. London Borough of Barking & Dagenham (LBBD) expects to run a tender for the implementation of a Community Banking offer and requires a Credit Union provider to underpin this offer. Whilst the local authority will have to go through a formal procurement process to select a suitable credit union partner, this notice is intended to be the start of a conversation with potential providers. We would like to invite interested partners to engage in initial discussions with us to explore our requirements and next steps with the procurement exercise. For more detailed information about the borough and proposition please request a copy of the prospectus from Rhodri.Rowlands@lbbd.gov.uk Additional information: LBBD are seeking a Credit Union partner who is up for the challenge of developing a Community Banking offer with us and partners. Our vision is that fair, affordable and appropriate financial products and services are available to everyone who lives or works in Barking and Dagenham. We are therefore looking to partner with an innovative, progressive and forward-thinking credit union to proactively work with us to develop and deliver local financial services for the borough. Co-production is at the heart of everything we do and we want to work collaboratively with the right partner to ensure that this offer is locally tailored and reflects the needs of the borough's residents. We want to set ambitious targets for this service, to maximise its impact and value, and we are committed to providing council resource and investment to ensure these targets are successfully achieved. Whilst the local authority will have to go through a formal procurement process to select a suitable credit union partner, this notice is intended to be the start of a conversation with potential providers. We would like to invite interested partners to engage in initial discussions with us to explore our requirements and next steps with the procurement exercise. As a minimum, we are looking for a Credit Union that: 1.Can provide a broad range of financial services and products, catering to different customer needs, including saving accounts, instant loans and transactional banking facilities. 2.Embraces digitalisation and can provide a comprehensive online banking platform, via the web and mobile, ensuring remote, 24/7 access to services is available across the borough. 3.Can provide access to services to meet the needs of local residents who are digitally excluded. 4. Has a willingness to work with ourselves and community partners to develop new products and services to meet local needs. 5. Is regulatory compliant and financially robust and healthy, with an ability to grow and a track record of high-quality service delivery and customer satisfaction. 6. Will invest in the community of Barking and Dagenham and creatively and meaningfully engage in creating Social Value for the borough. LBBD are planning to hold market engagement sessions with interested providers, where more detail regarding the proposition, work and next stage of the procurement process will be provided. LBBD invites any interested parties to submit a statement of interest covering their interest in the project and a description of their organisation (maximum of 500 words), so this can be arranged. It may not be possible to hold 1-2-1 Market engagements with all suppliers, although all information shared at any 1-2-1 meetings held will be made available to all suppliers who submit a statement of interest. Please submit your statement of interest to Rhodri.Rowlands@lbbd.gov.uk by NOON on Friday 8th January 2021.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/bba4bcc5-e5fe-4b74-ae6d-9ad0a3eeef24
- Current Stage
- Planning
- All Stages
- Planning
Procurement Classification
- Notice Type
- Market Engagement Notice
- Procurement Type
- Standard
- Procurement Category
- Not specified
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- SME
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66113000 - Credit granting services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 17 Dec 20205 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- 8 Jan 2021Expired
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Planning
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- LONDON BOROUGH OF BARKING AND DAGENHAM
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- BARKING
- Postcode
- IG11 7LU
- Post Town
- Ilford
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI5 Outer London - East and North East
- Small Region (ITL 3)
- TLI52 Barking & Dagenham and Havering
- Delivery Location
- TLI London
-
- Local Authority
- Barking and Dagenham
- Electoral Ward
- Abbey
- Westminster Constituency
- Barking
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/bba4bcc5-e5fe-4b74-ae6d-9ad0a3eeef24
17th December 2020 - Early engagement notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/a59c08db-8498-4e7a-aa96-5a3517c536f5
14th December 2020 - Early engagement notice on Contracts Finder
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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