Award

Financial Services Brief

REIDVALE HOUSING ASSOCIATION

This public procurement record has 2 releases in its history.

Award

07 Jun 2022 at 09:37

Tender

28 Jan 2022 at 11:35

Summary of the contracting process

Reidvale Housing Association is conducting a tender for a contract titled "Financial Services Brief" in the financial and insurance services industry, located in Glasgow, UK (G31 1QW). This procurement process is currently in the active stage and is using an open procedure, with a bid submission deadline that has passed. The contract is anticipated to last for one year starting from 31 January 2022, with a total estimated value of £50,000 to be spent over the period, and there are options for two potential extensions based on performance evaluations. Providers are required to submit both a completed SPD and their tender returns.

This tender presents significant opportunities for small to medium-sized enterprises (SMEs) and businesses specialising in financial consultancy and related services. Companies that can provide finance manager services, alongside ongoing system support, would be especially suited to compete in this process. As the contract includes community benefits, businesses offering social value or community-focused initiatives may enhance their competitiveness. Interested suppliers are encouraged to utilise resources available on the Public Contracts Scotland website for further guidance on the tendering process.

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Notice Title

Financial Services Brief

Notice Description

Reidvale Housing Association wish to appoint a sole supplier for the provision of finance manager services. The Supplier will also provide ongoing system support services.

Lot Information

Lot 1

Reidvale Housing Association wish to appoint a sole supplier for the provision of finance manager services. The Supplier will also provide ongoing system support services. This tender is being conducted as a single stage 'Open Procedure' meaning tenderers must submit their completed SPD along with tender returns. Suppliers interested in working with the public sector can get information on preparing tenders and understanding the process from the Public Contracts Scotland website www.supplierjourney.scot. In addition, general support, advice and guidance on completing public sector tenders specifically for Scottish SMEs is available from the Supplier Development Programme www.sdpscotland.co.uk. The Contract is anticipated to run for an initial period of one year, commencing 31 January 2022 with provision for two further possible extension each for a further 12 months if mutually agreed and depending on performance. A formal review of the service will be carried out 3-6 months after the contract commences. Following this review, the Association will confirm whether it intends for the contract to be extended beyond the 1-year initial contract. As a guide to potential Tenderers, the annual expenditure on services covered by this tender over the next year is anticipated to be circa 50,000 GBP (exclusive of vat). These figures are intended as a guide only and Reidvale Housing Association does not guarantee any level of work to be instructed or the resulting contract values.

Renewal: Contract is anticipated to run for an initial period of one year with the possibility of 2 further extensions each for a further year following a formal reviews

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03107a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015595-2022
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,020 Under £100K

Notice Dates

Publication Date
7 Jun 20223 years ago
Submission Deadline
14 Mar 2022Expired
Future Notice Date
Not specified
Award Date
11 Apr 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
REIDVALE HOUSING ASSOCIATION
Contact Name
Interim Director
Contact Email
jillcronin@reidvale.org.uk
Contact Phone
+44 1415542406

Buyer Location

Locality
GLASGOW
Postcode
G31 1QW
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Calton
Westminster Constituency
Glasgow North East

Supplier Information

Number of Suppliers
1
Supplier Name

LETHAME BUSINESS SERVICES

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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