Award

Own Art Interest Free Credit Scheme

CREATIVE SECTOR SERVICES CIC (TRADING AS CREATIVE UNITED)

This public procurement record has 1 release in its history.

Award

06 Aug 2018 at 16:45

Summary of the contracting process

The public procurement process for the "Own Art Interest Free Credit Scheme" is managed by Creative Sector Services CIC, trading as Creative United, and is focused on providing consumer credit services for the purchase of original works of art and craft. The contract falls under the financial and insurance services category and is valued at £1,000,000. The procurement method used was a selective negotiated procedure. The contract period runs from 1st July 2018 until 30th June 2022, while the procurement stage is currently at the award phase, having been published on 6th August 2018.

This tender presents significant growth opportunities for businesses within the financial services industry, particularly those specialising in consumer finance and credit services. Businesses that possess expertise in providing credit solutions, especially those targeting the arts sector, would be well-suited to compete. Additionally, small and medium-sized enterprises (SMEs) may find this tender accessible, given the buyer's openness to engaging with diverse suppliers.

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Notice Title

Own Art Interest Free Credit Scheme

Notice Description

Provision of consumer credit services for the purchase of original works of art and craft.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ef9d6023-bed2-4d73-8ea1-1c0e83a3c3ea
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77b65917-fe96-43e5-a225-32f4b3a0d4ce
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
6 Aug 20187 years ago
Submission Deadline
1 Jan 2018Expired
Future Notice Date
Not specified
Award Date
30 Jul 20187 years ago
Contract Period
30 Jun 2018 - 30 Jun 2022 4-5 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
CREATIVE SECTOR SERVICES CIC (TRADING AS CREATIVE UNITED)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
WC2R 1LA
Post Town
Central 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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

HITACHI CAPITAL (UK

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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