Planning

Financial Administration of the Vulnerable Persons Scheme

BRISTOL CITY COUNCIL

This public procurement record has 1 release in its history.

Planning

27 Sep 2019 at 08:00

Planned Procurement Notice
Summary of the contracting process

Bristol City Council is planning to commission a service titled "Financial Administration of the Vulnerable Persons Scheme." This procurement falls under the banking services industry category and is set to be based in the South West of the United Kingdom. The contracting authority is currently at the planning stage, with key dates indicating that the council anticipates issuing the tender between December 2019 and January 2020. The proposed contract period will start on 1st April 2020 and could last for up to five years, with an estimated total value of approximately £168,000.

This tender presents significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs) and voluntary and community sector organisations (VCSEs) that specialise in social services and financial management. Companies capable of providing financial support to vulnerable persons, including administration of deposit bond schemes and rental payments, would be well-positioned to compete for this contract. Engaging in this procurement process could lead to long-term partnerships with the council, enhancing business growth and community impact.

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Notice Information

Notice Title

Financial Administration of the Vulnerable Persons Scheme

Notice Description

The Council is considering commissioning a service to support vulnerable persons and requires a provider to support the financial administration of deposit bond scheme, rent in advance payments and ongoing rent income and outgoings. The Council wishes to test the level of market interest in such a service before commencing any commissioning process. The proposed contract period will potentially be for three years with further two years extensions available. It is anticipated that the contract will begin on the 1st April 2020. The estimated contract value will be approximately PS168,000 over five years, this is based on a management fee of 4% and rents being PS70,000 per month. The level of interest shown in this market consultation will support the council considering possible procurement routes for this potential service. If the Council does proceed with such a service, it is estimated that the Council will issue the tender in December 2019 to January 2020. If you are interested in this opportunity please complete an expression of interest by 12:00 pm the 28th October 2019.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-702d453f-d5d3-46d4-bf0a-f293b0d79269
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ddcd5db4-4390-4ee8-964a-a9935b9c3318
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£168,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Sep 20196 years ago
Submission Deadline
Not specified
Future Notice Date
15 Dec 2019Expired
Award Date
Not specified
Contract Period
31 Mar 2020 - 31 Mar 2023 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRISTOL CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 5TR
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK South West (England)
Local Authority
Bristol, City of
Electoral Ward
Hotwells and Harbourside
Westminster Constituency
Bristol Central

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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