--- title: "PIN Notice for Market Engagement for A Credit Union to be part of a Community Banking Offer for London Borough of Barking and Dagenham" ocid: "ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484.json" source: "Contracts Finder" current_stage: "Planning" buyer: "LONDON BOROUGH OF BARKING AND DAGENHAM" published: "2020-12-17" --- # PIN Notice for Market Engagement for A Credit Union to be part of a Community Banking Offer for London Borough of Barking and Dagenham Buyer: LONDON BOROUGH OF BARKING AND DAGENHAM Current stage: Planning OCID: ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484.json) ## Summary The London Borough of Barking and Dagenham (LBBD) is currently in the planning stage of a procurement process, specifically seeking to engage a Credit Union for a Community Banking Offer. The PIN notice titled "PIN Notice for Market Engagement for A Credit Union to be part of a Community Banking Offer" was released on 14th December 2020, and the deadline for engagement submissions is set for 8th January 2021. This initiative falls under the industry category of credit granting services, and is crucial for enhancing local financial services in Barking and Dagenham. This tender presents significant opportunities for businesses in the financial services sector, particularly for innovative and socially responsible Credit Unions. Companies equipped to provide a diverse range of financial products and services, including savings accounts, instant loans, and digital banking solutions, will be well-positioned to compete. Furthermore, businesses committed to co-production and community engagement, along with a strong regulatory compliance track record, are highly encouraged to participate in the engagement sessions to discuss collaboration with the council. ## Notice This PIN notice is for market pre-engagement only and is not a call for competition. London Borough of Barking & Dagenham (LBBD) expects to run a tender for the implementation of a Community Banking offer and requires a Credit Union provider to underpin this offer. Whilst the local authority will have to go through a formal procurement process to select a suitable credit union partner, this notice is intended to be the start of a conversation with potential providers. We would like to invite interested partners to engage in initial discussions with us to explore our requirements and next steps with the procurement exercise. For more detailed information about the borough and proposition please request a copy of the prospectus from Rhodri.Rowlands@lbbd.gov.uk Additional information: LBBD are seeking a Credit Union partner who is up for the challenge of developing a Community Banking offer with us and partners. 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 therefore looking to partner with an innovative, progressive and forward-thinking credit union to proactively work with us to develop and deliver local financial services for the borough. Co-production is at the heart of everything we do and we want to work collaboratively with the right partner to ensure that this offer is locally tailored and reflects the needs of the borough's residents. We want to set ambitious targets for this service, to maximise its impact and value, and we are committed to providing council resource and investment to ensure these targets are successfully achieved. Whilst the local authority will have to go through a formal procurement process to select a suitable credit union partner, this notice is intended to be the start of a conversation with potential providers. We would like to invite interested partners to engage in initial discussions with us to explore our requirements and next steps with the procurement exercise. As a minimum, we are looking for a Credit Union that: 1.Can provide a broad range of financial services and products, catering to different customer needs, including saving accounts, instant loans and transactional banking facilities. 2.Embraces digitalisation and can provide a comprehensive online banking platform, via the web and mobile, ensuring remote, 24/7 access to services is available across the borough. 3.Can provide access to services to meet the needs of local residents who are digitally excluded. 4. Has a willingness to work with ourselves and community partners to develop new products and services to meet local needs. 5. Is regulatory compliant and financially robust and healthy, with an ability to grow and a track record of high-quality service delivery and customer satisfaction. 6. Will invest in the community of Barking and Dagenham and creatively and meaningfully engage in creating Social Value for the borough. LBBD are planning to hold market engagement sessions with interested providers, where more detail regarding the proposition, work and next stage of the procurement process will be provided. LBBD invites any interested parties to submit a statement of interest covering their interest in the project and a description of their organisation (maximum of 500 words), so this can be arranged. It may not be possible to hold 1-2-1 Market engagements with all suppliers, although all information shared at any 1-2-1 meetings held will be made available to all suppliers who submit a statement of interest. Please submit your statement of interest to Rhodri.Rowlands@lbbd.gov.uk by NOON on Friday 8th January 2021. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bba4bcc5-e5fe-4b74-ae6d-9ad0a3eeef24 | | Notice type | Market Engagement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 17 Dec 2020 | | Submission deadline | Not specified | | Future notice date | 8 Jan 2021 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planning | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LONDON BOROUGH OF BARKING AND DAGENHAM | | Locality | BARKING | | Post town | Ilford | | Postcode | IG11 7LU | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI5 Outer London - East and North East | | ITL 3 | TLI52 Barking & Dagenham and Havering | | Local authority | Barking and Dagenham | | Electoral ward | Abbey | | Westminster constituency | Barking | | Delivery location | TLI London | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66113000 - Credit granting services ## Release History - 17 Dec 2020 at 09:17 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/bba4bcc5-e5fe-4b74-ae6d-9ad0a3eeef24 - 14 Dec 2020 at 13:37 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a59c08db-8498-4e7a-aa96-5a3517c536f5 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/bba4bcc5-e5fe-4b74-ae6d-9ad0a3eeef24 17th December 2020 - Early engagement notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/a59c08db-8498-4e7a-aa96-5a3517c536f5 14th December 2020 - Early engagement notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-04a92344-b57d-45c8-970a-d47b7dc5f484.json.