Tender

Investor for Norfolk Promoting Independance Multi Strand Social Impact Bond - Tender

NORFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

18 Jan 2019 at 15:28

Summary of the contracting process

The procurement process involves Norfolk County Council seeking an investor for the "Investor for Norfolk Promoting Independence Multi Strand Social Impact Bond" tender. This opportunity, aimed at financial and insurance services, is currently in the Tender stage. The tender was published on 18th January 2019, with a submission deadline set for 26th February 2019. The contract is expected to commence on 18th March 2019 and conclude on 31st July 2019, covering various delivery addresses, including locations within the United Kingdom and beyond.

This tender represents a significant opportunity for businesses focused on financial and insurance services, particularly those with expertise in establishing special purpose vehicles (SPVs) and engaging in social impact investments. Firms that can deliver evidenced-based interventions related to social prescribing, apprenticeship training, and employment solutions would be particularly well-suited to compete. By participating, businesses can not only contribute to social outcomes but also potentially enhance their market presence and sustainability efforts through strategic partnerships with the council and the wider provider market.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Investor for Norfolk Promoting Independance Multi Strand Social Impact Bond - Tender

Notice Description

Norfolk County Council is seeking an investor who will work with the Council and the provider market to establish special purpose vehicle (s) (SPV) which will fund and contract for the delivery of evidenced based interventions potentially covering social prescribing, apprenticeship training, employment and exclusions. This procurement is for the investor only. It is intended that once the investor is appointed that they will work with Norfolk County Council and the provider market to establish an SPV as set out in the specification. Additional information: Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0a108fd3-0a3f-431c-ae39-e8eaea41e622
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1aca45a3-8da7-4420-a59b-c5edadc6beaf
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20197 years ago
Submission Deadline
26 Feb 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
18 Mar 2019 - 31 Jul 2019 1-6 months
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
NORFOLK COUNTY COUNCIL
Contact Name
Sarah Hardy (Admin)
Contact Email
sarah.hardy@norfolk.gov.uk
Contact Phone
01603 223968

Buyer Location

Locality
NORFOLK
Postcode
NR1 2DH
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified

Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-0a108fd3-0a3f-431c-ae39-e8eaea41e622-2019-01-18T15:28:43Z",
    "date": "2019-01-18T15:28:43Z",
    "ocid": "ocds-b5fd17-0a108fd3-0a3f-431c-ae39-e8eaea41e622",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "NCCT41710",
        "title": "Investor for Norfolk Promoting Independance Multi Strand Social Impact Bond - Tender",
        "description": "Norfolk County Council is seeking an investor who will work with the Council and the provider market to establish special purpose vehicle (s) (SPV) which will fund and contract for the delivery of evidenced based interventions potentially covering social prescribing, apprenticeship training, employment and exclusions. This procurement is for the investor only. It is intended that once the investor is appointed that they will work with Norfolk County Council and the provider market to establish an SPV as set out in the specification. Additional information: Is a Recurrent Procurement Type? : No",
        "datePublished": "2019-01-18T15:28:43Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "NR1 2DH"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2019-02-26T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2019-03-18T00:00:00Z",
            "endDate": "2019-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/1aca45a3-8da7-4420-a59b-c5edadc6beaf",
                "datePublished": "2019-01-18T15:28:43Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Additional information on how to apply for this contract",
                "url": "https://in-tendhost.co.uk/norfolkcc/aspx/"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-40984",
            "name": "Norfolk County Council",
            "identifier": {
                "legalName": "Norfolk County Council"
            },
            "address": {
                "streetAddress": "Martineau Lane, Norwich",
                "locality": "Norfolk",
                "postalCode": "NR1 2DH",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Sarah Hardy (Admin)",
                "email": "sarah.hardy@norfolk.gov.uk",
                "telephone": "01603 223968"
            },
            "details": {
                "url": "http://www.norfolk.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-40984",
        "name": "Norfolk County Council"
    }
}