Award

SE987 Crowdfunding Platform and Associated Services

SPORT ENGLAND

This public procurement record has 2 releases in its history.

Award

31 Aug 2021 at 16:30

Award Notice
Tender

20 Apr 2021 at 16:07

Tender Notice
Summary of the contracting process

Sport England is leading a procurement process titled "SE987 Crowdfunding Platform and Associated Services" aimed at appointing a provider for a crowdfunding platform. This initiative falls under the financial consultancy services category and is located in London, England. The open tender is currently in the award stage, with the contract valued at up to £420,000 over a term of 36 months, beginning on 13th August 2021 and running until 12th August 2024. The key submission deadline for this tender was set at 20th May 2021.

This procurement offers significant opportunities for SMEs that specialise in financial consultancy and crowdfunding solutions. Businesses capable of providing tools and support to community projects are encouraged to engage, particularly those with experience in managing rewards-based campaigns. The anticipated demand for such services to support at least 1,000 projects annually could lead to increased income through fees, making this tender a viable growth avenue for suitable providers in the sector.

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Notice Information

Notice Title

SE987 Crowdfunding Platform and Associated Services

Notice Description

Sport England is seeking to appoint a Provider for a crowdfunding platform, providing coaching and support to not less than 1,000 selected projects per annum who need to generate alternative sources of investment to sustain their business, both now during Covid, return to play and longer term. The high-level purpose of the crowdfunding platform is to deliver community rewards-based campaigns under the brand 'Active Together'. Sport England is seeking through this tendering process to award a contract with a suitably capable contractor to provide these Services for a term of 36 months and a unilateral option of Sport England to extend for further periods up to a maximum of six months at no additional cost. The anticipated contract value is up to PS420,000 over the initial contract period. The estimated Sport England annual contract value is PS60,000. Based on historic annual figures of 500 successful campaigns, attracting 50,000 supporters raising PS3.5m, this could generate around PS80,000 per annum income from fees.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-788fd69f-bfd1-4841-88f9-064acce5de79
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05bb191c-56b0-435b-b8d1-23750f2294a4
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 (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£420,000 £100K-£500K
Lots Value
Not specified
Awards Value
£420,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Aug 20214 years ago
Submission Deadline
20 May 2021Expired
Future Notice Date
Not specified
Award Date
12 Aug 20214 years ago
Contract Period
12 Aug 2021 - 12 Aug 2024 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
SPORT ENGLAND
Contact Name
Not specified
Contact Email
procurement@sportengland.org
Contact Phone
000

Buyer Location

Locality
LONDON
Postcode
WC1B 3HF
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

CROWDFUNDER

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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