Award

Molendinar Park HA Financial Services 2025

MOLENDINAR PARK HOUSING ASSOCIATION

This public procurement record has 2 releases in its history.

Award

02 May 2025 at 00:00

Tender

21 Mar 2025 at 00:00

Summary of the contracting process

The Molendinar Park Housing Association, located in Glasgow, initiated a public procurement process titled "Molendinar Park HA Financial Services 2025" under the industry category of housing and community amenities. The procurement, conducted using an open procedure, involved a tender for financial services, and is now in the award stage. The process began with the tender period closing on 22nd April 2025, followed by the contract being awarded to FMD Financial Services Ltd, a small and medium-sized enterprise (SME) based in Glasgow, on 1st May 2025. The primary location for service delivery is within the Glasgow region, UKM82.

This tender creates significant opportunities for financial service providers, particularly SMEs, looking to expand their business by engaging with public organisations. The contract's duration extends initially from 1st May 2025 to 30th April 2028, with the possibility for renewal up to 2032 at the employer's discretion. Interested businesses with a strong background in executing financial services and meeting technical qualifications will find this opportunity highly suitable for growth. Such engagements not only bolster business credibility but also provide a stable revenue stream and potential long-term partnerships with government bodies like Molendinar Park Housing Association.

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Notice Title

Molendinar Park HA Financial Services 2025

Notice Description

The successful Candidate will be responsible for the services to be undertaken comprising the provision of Financial Services for the Employer as detailed in the Description of Services & Requirements (refer Schedule 2) in the Tender Document.

Lot Information

Lot 1

The tender documents evaluated will comprise the SPD, your quality score for the TQQ; and the Contract Sum stated on the Form of Tender. The submitted SPD will be assessed as a pass or fail to identify consultants who meet the criteria. Only those consultants who achieve an SPD pass will have their tender quality and cost considered/ evaluated The criteria for scoring will be to reach a total percentage score as follows: Price (tender- contract sum)- deducting 1% from 100 for every percentage point each tender rate is in excess of the lowest tender rate, prior to weighting. Quality- out of 100 for your TQQ submission, ranked in relation to the other candidates. The candidates will be scored relative to each other (best answer scoring highest), based on the Employer's individual aspirations/ requirements and the information provided by the candidate(s).. Refer to Instructions to Consultants in the Tender Document at page 3

Renewal: The initial contract period will be on or after 1st May 2025 to 30th April 2028, with options to extend the contract solely at the Employer's discretion on an annual basis thereafter to 30th April 2032.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000794084
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY529466
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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£57,980 Under £100K

Notice Dates

Publication Date
2 May 20259 months ago
Submission Deadline
22 Apr 2025Expired
Future Notice Date
Not specified
Award Date
1 May 20259 months ago
Contract Period
1 May 2025 - 30 Apr 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
MOLENDINAR PARK HOUSING ASSOCIATION
Contact Name
Not specified
Contact Email
admin@molendinar.org.uk
Contact Phone
+44 1412861735

Buyer Location

Locality
GLASGOW
Postcode
G31 1AD
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 East

Supplier Information

Number of Suppliers
1
Supplier Name

FMD FINANCIAL 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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