Award

The Skill Mill SIB Outcomes Contract

DURHAM COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

14 Apr 2021 at 10:12

Award

04 Feb 2021 at 16:09

Summary of the contracting process

The Skill Mill SIB Outcomes Contract, initiated by Durham County Council, represents a significant procurement opportunity within the vocational training services sector. The contract, valued at £105,000, is a unique social impact bond structure that draws on £1.8 million of Life Chances Fund outcomes funding aimed at fostering collaboration between local authorities and the Skill Mill. This procurement, under a selective method and negotiated procedure, has a contract period that commenced on 3rd August 2020 and is set to conclude on 31st July 2022. The delivery of services will be concentrated across several regions in the United Kingdom, including the North East, North West, and London, among others.

This tender presents a growth opportunity, particularly for organisations specialising in vocational training services and those that can navigate social impact bonds. Companies capable of demonstrating a robust understanding of the specific needs of local authorities and demonstrating a commitment to social impact are likely to excel in competing for similar contracts. As Durham County Council seeks to address community needs through innovative approaches, businesses that align their service offerings with these principles may find significant avenues for growth and collaboration.

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Notice Title

The Skill Mill SIB Outcomes Contract

Notice Description

This contract with other LA's is via a unique social impact bond structure accessing a PS1.8m of Life Chances Fund (LCF) outcomes funding which is only applicable to Skill Mill. Durham YOS is working with other partner councils and the Skill Mill.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-83690985-f6d2-4656-83b3-fe81620f81b9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8a24e97f-76ec-4dac-9932-38c7f9f39a9d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80530000 - Vocational training services

Notice Value(s)

Tender Value
£105,000 £100K-£500K
Lots Value
Not specified
Awards Value
£302,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20214 years ago
Submission Deadline
1 Apr 2020Expired
Future Notice Date
Not specified
Award Date
1 Aug 20205 years ago
Contract Period
2 Aug 2020 - 31 Jul 2024 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DURHAM COUNTY 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
DURHAM
Postcode
DH1 5UL
Post Town
Durham
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
County Durham
Electoral Ward
Neville's Cross
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

SKILL MILL PARTNERSHIP

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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