Award

Community Finance Resilience Fund Evaluation RfP

FAIR4ALL FINANCE LIMITED

This public procurement record has 2 releases in its history.

Award

10 Apr 2025 at 13:12

Award Notice
Tender

06 Nov 2024 at 16:19

Tender Notice
Summary of the contracting process

Fair4All Finance Limited has awarded the contract to Ecorys UK Ltd for the Community Finance Resilience Fund Evaluation. The procurement falls under the financial consultancy services category and aims to scope and deliver an independent impact evaluation of the Community Finance Resilience Fund. The contract is valued at £74,774 and runs from 3rd March 2025 to 31st March 2026. The final award notice was published on 10th April 2025. This initiative primarily supports community finance organisations located within the United Kingdom and is classified as an award stage procurement under an open procedure method.

Businesses specialising in financial consultancy, particularly those experienced with impact evaluations, are well-positioned to benefit from this tender. The contract offers significant opportunities for small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) to expand their portfolio by contributing to an evaluation that will strengthen the resilience of the community finance sector and improve access to affordable credit for vulnerable individuals in England. This procurement aligns with Fair4All Finance's commitment to fortifying community finance during a challenging cost of living crisis, highlighting the potential for meaningful business engagement and sectoral impact.

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Notice Information

Notice Title

Community Finance Resilience Fund Evaluation RfP

Notice Description

Fair4All Finance is inviting proposals to scope and deliver an independent impact evaluation of its Community Finance Resilience Fund. Please see the attached RfP for full details. The submission deadline is 9;00a.m. Monday 2d December 2024. Fair4All Finance is seeking a provider to: 1. Scope an independent impact evaluation of the Community Finance Resilience Fund (the 'Fund'), including refining the existing monitoring framework 2. Deliver an independent impact evaluation of the Fund 3. Review how the Fund has been delivered, if it was delivered as intended and to capture any lessons learned around the efficiency and effectiveness of its delivery. The Fund, offering over PS5 million in grant and investment funding, supports community finance organisations (such as credit unions, community development finance institutions (CDFIs), and related entities) with the goals to: * Strengthen the resilience of the community finance sector during the cost of living crisis. * Preserve and expand access to affordable credit for individuals in financially vulnerable circumstances. Due to funding restrictions, the Fund's remit is limited to supporting borrowers in England only.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-389278a1-af30-4d78-a6c0-08d5ef68dfa8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/27905333-7f0c-4916-a7e1-94fdc607a9a8
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£74,774 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 202510 months ago
Submission Deadline
2 Dec 2024Expired
Future Notice Date
Not specified
Award Date
17 Jan 20251 years ago
Contract Period
3 Mar 2025 - 31 Mar 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FAIR4ALL FINANCE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E1 6LS
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Spitalfields & Banglatown
Westminster Constituency
Bethnal Green and Stepney

Supplier Information

Number of Suppliers
1
Supplier Name

ECORYS

Further Information

Notice Documents

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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