Award

Financial Services Brief

REIDVALE HOUSING ASSOCIATION

This public procurement record has 2 releases in its history.

Award

07 Jun 2022 at 00:00

Tender

28 Jan 2022 at 00:00

Summary of the contracting process

Reidvale Housing Association, based in Glasgow, is managing a public procurement process for financial services, titled "Financial Services Brief." This open procedure aims to appoint a sole supplier for finance manager services, along with ongoing system support. The contract is anticipated to start on 31 January 2022, with a potential duration of one year and options for two further extensions, depending on performance. The budget for this contract is estimated at approximately £50,000 excluding VAT, with the bid submission deadline having closed on 14 April 2022.

This tender represents a significant opportunity for small and medium-sized enterprises (SMEs) in the financial services sector, particularly those with experience in finance management and support services. Businesses that can demonstrate quality service delivery, as the selection criteria prioritise quality accounting for 70% and price for 30%, are well-positioned to compete. Furthermore, suppliers interested in engaging with public sector contracts can benefit from resources and support available through Public Contracts Scotland and the Supplier Development Programme.

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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-r6ebe6-0000681240
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN450451
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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
12 Apr 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
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

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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