Award

TRHS0001 Administration of the Shimmer Relocation Appreciation Loan Scheme

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

05 Sep 2023 at 11:19

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for the administration of the Shimmer Relocation Appreciation Loan Scheme. The contract is valued at £70,000 and will run from August 14, 2023, to August 13, 2026. Lendology CIC has been selected as the supplier for this three-year contract. The procurement stage was an open procedure above the threshold, with the tender period ending on May 26, 2023.

This contract presents an opportunity for businesses in the services sector to engage in the full administration of the Relocation Appreciation Loan Scheme. Companies with expertise in financial services, loan administration, and public sector services may find this tender particularly suitable. The opportunity covers various locations, including British Oversea Territories, Europe, and the United Kingdom, creating a broad scope for potential contractors to contribute to the scheme's operational success over the three-year period.

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Notice Information

Notice Title

TRHS0001 Administration of the Shimmer Relocation Appreciation Loan Scheme

Notice Description

This contract is for the full administration on a three year contract to administer a Relocation Appreciation Loan (RAL) Scheme. This will include the assessment and processing of applications, determining the level of financial assistance that should be provided within the scheme's criteria, and administering the loan and any repayments made by the recipient. The RAL is an established scheme that has been operational for five years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ae67bff-aa46-45fa-8437-385f69d86ca8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/91eb1d7d-1548-4820-b5ea-33d1ec560940
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75110000 - General public services

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£70,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20232 years ago
Submission Deadline
26 May 2023Expired
Future Notice Date
Not specified
Award Date
15 Aug 20232 years ago
Contract Period
13 Aug 2023 - 13 Aug 2026 3-4 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
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CITY OF WESTMINSTER
Postcode
SW1P 4DR
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LENDOLOGY

Further Information

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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