Tender

Complex Needs Social Impact Bond

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

20 Nov 2018 at 15:13

Summary of the contracting process

The Sheffield City Council is currently seeking tenders for the "Complex Needs Social Impact Bond" project aimed at providing support to adults with Severe and Multiple Disadvantage (SMD) in the Yorkshire and the Humber region of the United Kingdom. The tender is in the active stage, with a procurement method classified as "selective" under a competitive dialogue process. Interested parties have until 11 December 2018 to submit their tenders. The financial scope of this procurement process is valued at £5,800,000, with the intended contract period commencing on 1 June 2019 and concluding on 31 May 2027.

This tender presents significant opportunities for businesses, particularly those in the social services, health, and financial sectors. Organisations that specialise in outcomes-based contracting, social impact bonds, or have experience addressing complex needs in vulnerable populations would be particularly well-suited to compete for this contract. Additionally, small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to engage, leveraging their expertise to improve outcomes for the targeted cohorts, which could lead to enhanced community wellbeing and reduce hospital admissions related to alcohol dependency.

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Notice Title

Complex Needs Social Impact Bond

Notice Description

The Adults with Complex Needs service targets two separate but linked cohorts - adults with Severe and Multiple Disadvantage (SMD), and adults with SMD and a particular alcohol need. The first cohort, Adults with SMD, is comprised of people who have three or more of the following disadvantages: - Substance misuse - Homelessness or accommodation instability - Offending or ASB needs - Mental health difficulties The second cohort, adults with SMD and a particular alcohol need, is made up of individuals who repeatedly present at the Northern General Hospital with alcohol related conditions and support needs, and receive unplanned medical alcohol detoxification packages. A draft specification for each strand of the service is attached. Outcomes-based contracting and Social Impact Bond Sheffield City Council has been awarded a grant in principle by the Life Chances Fund to make a partial contribution to the outcome payments of an outcomes-based contract to deliver the Adults with Complex Needs service. The proposed arrangement is that services for both cohorts will be commissioned through a single Social Impact Bond (SIB). In a SIB, a socially-motivated investor or investors will lend money for a project, which is then used to commission a service from a provider or providers. The commissioner, provider and investor sign up to a contract that includes a set of targeted outcomes and a financial reward for achieving them. The commissioner pays the loan back to the investor as the outcomes of the service are achieved. In this case, there may be different providers best placed to deliver the different strands of the service. There are various ways in which they could come together within a single Social Impact Bond, and there is more information on this in the attached documentation. The Adults with Complex Needs service is targeting the following outcomes for the adults with SMD strand: * Increase in the number of individuals living in safe, secure and appropriate accommodation; * Reduction in the number of unplanned hospital admissions; * Reduction in involvement in crime and anti-social behaviour; * Improvement in wellbeing; And the following outcomes for the particular alcohol need strand: * Reduce the number of unplanned inpatient alcohol related admissions for a defined cohort of individuals who have frequent admissions to Sheffield Teaching Hospitals; * Reduce the number of unplanned readmissions within 30 days of discharge for this cohort (all readmissions - not solely alcohol related admissions) More information about the indicative cohort size and range of outcomes expected to be achieved by each strand of the service is available in the tender documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d6dd6e3a-c34f-46ae-91fb-5ff0388dc8fc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dc60e161-5b41-4c48-804c-ad34b85252e2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

85 - Health and social work services


CPV Codes

66100000 - Banking and investment services

85000000 - Health and social work services

Notice Value(s)

Tender Value
£5,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20187 years ago
Submission Deadline
11 Dec 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2019 - 31 May 2027 Over 5 years
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
SHEFFIELD 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
SHEFFIELD
Postcode
S1 4PL
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

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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