Planning

Market engagement for provision of a Loan distribution

WARWICK DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Planning

12 Dec 2024 at 11:17

Summary of the contracting process

Warwick District Council is currently in the planning stage of a procurement process titled "Market engagement for provision of a Loan distribution". This opportunity falls under the services industry category, specifically targeting loan brokerage services (CPV code 66190000). The initiative is aimed at reducing carbon emissions and energy costs for residents and businesses within the Warwick District (location code: UKG13). Interested parties are invited to declare their interest and attend pre-market engagement sessions. The deadline to indicate interest is set for 10th January 2025, with meetings scheduled in the week commencing 20th January. The Council expects to issue a detailed set of questions to guide these sessions, and a future notice is anticipated on 1st March 2025. The total value of the contract is estimated at GBP 500,000.

This tender presents a substantial growth opportunity for businesses specialising in loan brokerage services and those focused on environmental sustainability solutions. Firms experienced in managing loan distribution, especially with a green finance angle, are well-suited to compete. The potential inclusion of grants alongside loans offers further prospects for innovative financial products. Companies capable of efficiently reducing carbon emissions and supporting local community goals will find this an attractive tender. Warwick District Council, a regional authority, is dedicated to supporting private residents and businesses in their sustainability efforts, positioning this project as a key environmental and economic development initiative.

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How relevant is this notice?

Notice Title

Market engagement for provision of a Loan distribution

Notice Description

Warwick District Council are inviting potential providers of loan distribution to attend pre-market engagement sessions. The Council are looking at ways to help residents and businesses in the district reduce carbon emissions and energy costs. with the aim of reducing carbon emissions across the district. While there is additional work to do around supporting businesses, as the first stage of this strategic goal work, the Programme Board supporting officers have been exploring the ways in which the Council can support private residents, in addition to existing schemes such as the government grant schemes. One method of supporting residents is to provide a loan, at a lower interest rate than a standard bank loan. Officers are also considering the option of including a small grant alongside the loan, to incentivise residents. If you are interested in attending these sessions please view the premarket document and advise us of your interest by 10th January 2025. Meetings will be held in the week commencing 20th January, with timings to be confirmed. Once meeting confirmed WDC will issue a set of questions will which will form the premarket session.

Lot Information

Lot 1

Market engagement to establish requirements. Loan distribution to assist residents and business to reduce carbon emmissions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c76c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040052-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66190000 - Loan brokerage services

Notice Value(s)

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

Notice Dates

Publication Date
12 Dec 20241 years ago
Submission Deadline
Not specified
Future Notice Date
1 Mar 2025Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WARWICK DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEAMINGTON SPA
Postcode
CV32 4AA
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG13 Warwickshire CC

Local Authority
Warwick
Electoral Ward
Leamington Clarendon
Westminster Constituency
Warwick and Leamington

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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