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Contract for a Credit Union to Underpin a Community Banking Offer

London Borough of Barking and Dagenham

This public procurement record has 2 releases in its history.

Award

13 May 2021 at 22:55

Award Notice
Tender

04 Mar 2021 at 22:56

Tender Notice
Summary of the contracting process

The London Borough of Barking and Dagenham is actively seeking a Credit Union partner through an open tender process for a "Contract for a Credit Union to Underpin a Community Banking Offer". This initiative, classified under credit granting services, aims to provide fair and affordable financial products to the local community. The tender period ended on 8 April 2021 and involved a contract value of £285,000, with a potential duration of up to five years. Interested parties were required to register on the eTendering portal to express their interest and submit their bids.

This tender presents excellent opportunities for Credit Unions looking to expand their services and enhance community engagement. Providers with a robust range of banking products, an aptitude for innovative partnership working, and digital capabilities to cater to both tech-savvy and digitally excluded residents would be well suited to compete. The aim is to not only secure the contract but also to contribute to the growth and development of financial services within Barking and Dagenham, thereby driving social impact and community wellbeing.

How relevant is this notice?

Notice Information

Notice Title

Contract for a Credit Union to Underpin a Community Banking Offer

Notice Description

London Borough of Barking & Dagenham are seeking an innovative and forward-thinking Credit Union partner who is up for the challenge of developing a Community Banking offer with us. Our vision is that fair, affordable and appropriate financial products and services are available to everyone who lives or works in Barking and Dagenham. We are looking for a Credit Union partnership to drive this forward and help us achieve our goals.

Lot Information

Lot 1

London Borough of Barking & Dagenham are seeking an innovative and forward-thinking Credit Union partner who is up for the challenge of developing a Community Banking offer with us. Our vision is that fair, affordable and appropriate financial products and services are available to everyone who lives or works in Barking and Dagenham. We are looking for a Credit Union partnership to drive this forward and help us achieve our goals.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029886
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010601-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

66113000 - Credit granting services

66113100 - Micro-credit granting services

Notice Value(s)

Tender Value
£285,000 £100K-£500K
Lots Value
£285,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 May 20215 years ago
Submission Deadline
8 Apr 2021Expired
Future Notice Date
Not specified
Award Date
13 May 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Unsuccessful
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Barking and Dagenham
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DAGENHAM
Postcode
RM10 7BN
Postcode Area
Romford
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI52 Barking & Dagenham and Havering
Delivery Location
TLI52 Barking & Dagenham and Havering
Local Authority
Barking and Dagenham
Electoral Ward
Heath
Westminster Constituency
Dagenham and Rainham

Further Information

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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