Planning

Future Talent Fund

DEPARTMENT FOR EDUCATION

This public procurement record has 2 releases in its history.

Planning

14 Dec 2017 at 10:50

Market Engagement Notice
Planning

14 Dec 2017 at 10:22

Market Engagement Notice
Summary of the contracting process

The Future Talent Fund procurement process is being conducted by the Department for Education, aimed at supporting academically able, disadvantaged students in non-selective, state-funded secondary schools across England. Currently in the planning stage, the initiative is scheduled to conclude market engagement on 19th January 2018. The fund, which allocates a total of £21 million over its lifespan from 2018 to 2020, has the government covering £16 million while seeking an additional £5 million from alternative sources. An informative market engagement notice was published on 14th December 2017, with a briefing session set for 5th January 2018 at Sanctuary Buildings in London.

This tender presents significant opportunities for businesses specializing in education and training services, especially those experienced in managing educational projects or programmes that aim to improve outcomes for disadvantaged students. Organisations that can demonstrate a track record of delivering effective grassroots interventions or evidence-led programmes are well-positioned to compete for this contract. Additionally, those capable of contributing to the fundraising aspect of the initiative may further enhance their prospects for success.

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Notice Information

Notice Title

Future Talent Fund

Notice Description

See 'Attachments' for full description and further information. The purpose of the Future Talent Fund is to test and evaluate 'what works' to support the most academically able, disadvantaged students in non-selective, state-funded secondary schools in England to fulfil their potential. The Future Talent Fund will build an evidence base on good practice for this cohort, by trialling projects in schools, identifying clear delivery mechanisms for provision, and encouraging more evidence-led interventions for spending Pupil Premium funding. We are seeking a contractor who will be responsible for managing the Future Talent Fund. This will include: warming the market for potential projects; assessing bids and recommending to DfE the funding of projects; managing approved projects; procuring independent evaluation, and disseminating the findings. The Fund is expected to support grants worth PS21m over its lifetime (2018-20). The Government will provide PS16m of this. The contractor will also be responsible for raising at least PS5m additional funding to contribute to the fund; this will supplement DfE funding. The additional funding will come from a variety of alternative sources, but not from state-funded schools. Additional information: DfE is holding a briefing session at Sanctuary Buildings, Great Smith Street, London, SW1P 3BT on Friday 5th January 2018, from 14:00 to 16:00. If you wish to attend, please send the name of your organisation and the name and contact details of those wishing to attend (no more than 2 people per organisation) to FutureTalent.FUND@education.gov.uk.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-46ed578b-cb4f-4da5-adc2-6a175c08c6a8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/add221b8-e59e-4462-b777-fecfa1333c8a
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

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

Notice Dates

Publication Date
14 Dec 20178 years ago
Submission Deadline
Not specified
Future Notice Date
19 Jan 2018Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
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
SW1P 3BT
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
St James's
Westminster Constituency
Cities of London and Westminster

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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