Tender

Business planning and financial modelling support

FAIR4ALL FINANCE LIMITED

This public procurement record has 1 release in its history.

Tender

31 Jul 2020 at 09:16

Summary of the contracting process

Fair4All Finance Limited is seeking providers for business planning and financial modelling support for up to three affordable credit providers in England, with the tender titled "Business planning and financial modelling support". The procurement method is a limited competitive quotation, and the deadline for submissions is set for 17 August 2020. The awarded contract will commence on 31 August 2020 and is expected to conclude by 9 October 2020. This initiative comes in response to the Covid-19 pandemic's impact on the financial sustainability of affordable credit providers.

This tender presents a substantial opportunity for SMEs and voluntary, community, and social enterprises (VCSEs) specialising in business consultancy services, particularly in the financial planning sector. Companies with expertise in engaging organisational boards for strategic development, financial modelling, and sustainability planning will find this an ideal competition. By collaborating with Fair4All Finance and enhancing the business models of credit unions, successful bidders can contribute to strengthening essential financial services in vulnerable communities, facilitating growth and positive social impact.

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Notice Title

Business planning and financial modelling support

Notice Description

Fair4All Finance is seeking a provider to deliver business planning and financial modelling support for up to three affordable credit providers in August-October 2020. In response to the Covid-19 pandemic, and its expected impact on the business models of affordable credit providers, Fair4All Finance launched an emergency grant fund in April 2020. Fair4All Finance has, through its Covid-19 Resilience Fund, awarded some individual credit unions grants of up to PS15k to pay for financial consulting support to create a plan for sustainability. This work will involve: 1. Constructive engagement with the board/senior team of each organisation to develop a plan for sustainability; 2. Develop an individual business model for each organisation, with clear & agreed assumptions leading to sustainability; 3. A summary report to Fair4All Finance on building best practice at credit unions. This work is expected to take 6 weeks, to include: - For each organisation: engagement & diagnostic, building model, testing assumptions & agreeing sustainability plans - With Fair4All Finance: engagement, final report to Fair4All Finance. The work will be with two or three credit unions.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3d2c9dc5-702b-4e8e-a143-8cc16d64a2d5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e5e1ae24-6b0f-4105-8cec-e6eee668cfb4
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20205 years ago
Submission Deadline
17 Aug 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Aug 2020 - 9 Oct 2020 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
FAIR4ALL FINANCE LIMITED
Contact Name
Holly Piper
Contact Email
holly@fair4allfinance.org.uk
Contact Phone
Not specified

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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Tower Hamlets
Electoral Ward
Spitalfields & Banglatown
Westminster Constituency
Bethnal Green and Stepney

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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