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Contract for a Credit Union to Underpin A Community Banking Offer in Barking and Dagenham

London Borough of Barking and Dagenham

This public procurement record has 3 releases in its history.

Award

29 Oct 2021 at 22:45

Award Notice
Tender

02 Jun 2021 at 22:45

Tender Notice
Planning

14 May 2021 at 22:54

Planning Notice
Summary of the contracting process

The London Borough of Barking and Dagenham is initiating a procurement process titled "Contract for a Credit Union to Underpin A Community Banking Offer in Barking and Dagenham." This tender, classified under credit granting services, aims to establish a partnership that enables the council to offer fair and affordable financial products to residents of Barking and Dagenham. The procurement is currently at the "active" stage, with a significant contract value of £500,000 and a tender submission deadline set for 5th July 2021. Interested parties should note that the procurement method is an open procedure.

This tender presents substantial opportunities for growth, particularly for innovative credit unions looking to expand their community engagement and service delivery. Interested providers should have a robust digital infrastructure and be capable of delivering a comprehensive range of financial services tailored to local needs. The procurement encourages applications from credit unions across the UK, especially those with a commitment to social value and collaboration with local authorities on community-focused financial initiatives.

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Notice Information

Notice Title

Contract for a Credit Union to Underpin A Community Banking Offer in Barking and Dagenham

Notice Description

Award notice for Contract Notice placed which was for London Borough of Barking & Dagenham 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. The Credit Union does not have to be London based, we welcome applications from any Credit Union with excellent digital delivery.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b17c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027269-2021
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

66113000 - Credit granting services

66113100 - Micro-credit granting services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Oct 20214 years ago
Submission Deadline
5 Jul 2021Expired
Future Notice Date
2 Jun 2021Expired
Award Date
29 Oct 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
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
BARKING
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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