Summary of the contracting process

Bristol City Council is currently in the planning stage for its "G&R/HLN/BCU Financial Recovery Service 2025/28" procurement, classified under the financial and insurance services industry (CPV code 66000000). This process is an expression of interest to gauge market interest in a contract designed to facilitate financial payments and recovery services. The service aims to assist those at risk of homelessness through various financial aids, such as loans for advance rent payments, deposit bonds, and tenancy resource payments. The contract, valued at £160,000, will span an initial period of two years, with a potential extension of an additional two years. Interested providers should complete and submit the Expression of Interest form via ProContract by 27th September 2024. The procurement process primarily covers the South West region of the United Kingdom.

This tender offers a significant opportunity for growth, especially for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Businesses in the financial services sector that specialise in debt recovery or financial aid services will find this contract particularly relevant. By participating, organisations can expand their service portfolio and establish a government contract with Bristol City Council, reinforcing their market standing and potentially securing future opportunities through successful delivery of the requirements. The capital for the loans will be provided by the Council, making this an attractive proposition for businesses without substantial financial reserves.

Planning

G&R/HLN/BCU Financial Recovery Service 2025/28 - EXPRESSION OF INTEREST

BRISTOL CITY COUNCIL

Contract Timeline

Publication Date

5th September 2024 07:18:21 AM

Planning Deadline

27th September 2024 22:59:59 PM Expired
Contract Summary

PLEASE NOTE: This is an expression of interest being used to understand the interest within the market for the below detailed contract. Providers who are interested in delivering the contract must complete the Expression of Interest form, and return to the Council via ProContract before the deadline. Bristol City Council is seeking an organisation who will facilitate its Financial Payments & Recovery service. This service is used to help those at risk of homelessness establish private tenancies through the provision of loans for rent in advance payments, deposit bonds, cash deposits and tenancy resource payments. The provider would similarly operate a debt recovery service in relation to these loans and deposit bonds. The provider would not be expected to provide the capital for the loans, the Council will provide any funds for the loans and bonds. The estimated value of this contract is £160,000. The contract is for an initial period of 2 years, with the option to extend for a further 2 years. Further details can be found within the Expression of Interest form.
Contract Details

Open Contracting ID

ocds-b5fd17-2314af75-0ba0-4373-acec-6813a7d9486f

Publication Source

Contracts Finder

Procurement Stage

Planning

Procurement Method

N/A

Procurement Method Details

N/A

Procurement Category

N/A

Tender Suitability

SME VCSE

Framework / DPS
Contract Classification

CPV Code(s)

66000000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

BRISTOL CITY COUNCIL

Buyer Name

Tom Lynes

Buyer Email

Tom.Lynes@bristol.gov.uk

Buyer Phone

+44 0

Buyer Address

Bristol City Council, City Hall, College Green

Bristol

BS1 5TR

United Kingdom

View contract on Contracts Finder

G&R/HLN/BCU Financial Recovery Service 2025/28 - EXPRESSION OF INTEREST

BRISTOL CITY COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority