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BIDS Loan Fund

Department for Levelling Up, Housing and Communities

This public procurement record has 2 releases in its history.

Planning

06 Apr 2020 at 12:28

Market Engagement Notice
Planning

13 Mar 2020 at 14:11

Market Engagement Notice
Summary of the contracting process

The Ministry of Housing, Communities & Local Government is initiating the BIDS Loan Fund procurement process, aimed at establishing and managing a £500,000 recyclable fund to support Business Improvement Districts (BIDs) across the UK. This project falls under the financial and insurance services category and is currently in the planning stage. The key engagement milestone has a deadline set for 14th April 2020, an extension from the previous date to accommodate potential delays due to COVID-19.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) involved in financial services, particularly those with experience in managing funding initiatives for local business partnerships. Companies that can demonstrate capabilities in operational management and community engagement will be well-positioned to compete for this contract, enhancing their visibility and influence within local business environments.

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Notice Information

Notice Title

BIDS Loan Fund

Notice Description

Business Improvement Districts (BIDs) are business-led partnerships, most commonly in town centres, which are created voluntarily to deliver additional local services and upgrade the local environment for the benefit of businesses. To facilitate the setting up of more BIDs, the Government established the PS500,000 recyclable BIDs Loan Fund. The Authority is looking for a Potential Supplier to operate and manage the BIDs Loan Fund. Additional information: The deadline for this has been extended from the 6th April 2020 to the 14th April 2020 due to the Authority understanding that COVID 19 may result in a delay to organisations responding to this request.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/21e061cb-a59b-4514-8689-fb672bb1c322
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
6 Apr 20206 years ago
Submission Deadline
Not specified
Future Notice Date
14 Apr 2020Expired
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 Levelling Up, Housing and Communities
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WESTMINSTER
Postcode
SW1P 4JA
Postcode Area
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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