--- title: "COMMUNITY BANKING BUSINESS APPRAISAL" ocid: "ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WARE TOWN COUNCIL" published: "2022-04-13" --- # COMMUNITY BANKING BUSINESS APPRAISAL Buyer: WARE TOWN COUNCIL Current stage: Tender OCID: ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-184c6d4d-9bd8-4e54-994e-0d45041d55b9.json) ## Summary Ware Town Council is seeking consultancy support for the "Community Banking Business Appraisal", aimed at evaluating the potential for a community bank hub in Ware, Hertfordshire. The procurement is currently at the tender stage, with an end date for submissions set for 29 April 2022. The total value of the contract is estimated at £10,000, with a minimum contract value of £2,000. This project falls under the category of research and development services, specifically relating to consultancy services. The contract duration is from 16 May 2022 to 31 August 2022. This tender presents a significant opportunity for consultancy firms with expertise in banking services, business planning, and community engagement to expand their footprint in the local government sector. Companies specialising in strategic consultancy, particularly those with experience in community banking models or local economic development, would be well-suited to compete. The requirement for evidence-based discussions and action planning may also appeal to small and medium enterprises (SMEs) and voluntary and community sector enterprises (VCSEs) looking to grow their portfolio of public sector contracts. ## Notice Ware Community Banking strategy - specification 1. Background Ware, Hertfordshire is a market town with a population of c20K. The Town Centre has a mix of mostly independent businesses. Over the last five years all of the town's high street banks have closed. The post office is based in McColl's in the High Street and offers both personal and business banking facilities, there are various ATMs distributed around Ware. The county town of Hertford approximately four miles away has banking facilities provided by Nat West, Santander, Lloyds and HSBC. The council is seeking suitability experienced consultancy support with this strategic work. 2. The overall remit We wish to commission the following specific outputs: To identify - Is there a need for a community bank hub in Ware or could the needs of the community be better met in another way for both personal and business banking. To define - What a community bank hub is, providing options and examples from other communities in the UK and further afield if relevant. To create - A business plan with SMART objectives for a community bank to include (but not limited to) the following. * Legal structure / Governance arrangements * Ownership * Cost and income proposals * Space required * Security arrangements * Partner organisations * Grants available, capital and revenue * Hours of operation * Staffing * Capital costs * Revenue income and costs 1 to 5 years * Marketing And produce a business plan / scoping document with SMART objectives for the other options if the community bank hub scheme is not progressed. * Legal structure * Ownership * Cost and income proposals * Space required * Security arrangements * Partner organisations * Grants available, capital and revenue * Hours of operation * Staffing * Capital costs * Revenue income and costs 1 to 5 years * Marketing The consultant may be asked to produce an opening plan with costs and timescales dependent on the evaluation of the business plan by the Council, (a separate cost should be included for this item) We envisage the appointed consultant(s) working with council officers and members and our various partners and stakeholders in a collaborative way to find solutions. The consultant is encouraged to liaise with the following groups or individuals. * Derek French * The Banking Hub company * Post Office Counters * Access to Cash Group 3. Detailed requirements Specifically, we would like support in the following areas: * a desk top review supplemented by interviews/discussion with key contacts locally in order to reflect back to the council * a reasoned, evidence-based discussion of the issues and potential solutions * a clearly laid out action plan containing SMART actions and targets * reference to the latest thinking and best practice regarding banking services * ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b78344d7-cfd5-4997-832f-5df44168b8df | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation (above threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 13 Apr 2022 | | Submission deadline | 29 Apr 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 15 May 2022 - 31 Aug 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £10,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WARE TOWN COUNCIL | | Locality | WARE | | Post town | Stevenage | | Postcode | SG12 9AL | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH2 Bedfordshire and Hertfordshire | | ITL 3 | TLH26 North and East Hertfordshire | | Local authority | East Hertfordshire | | Electoral ward | Ware Priory | | Westminster constituency | Hertford and Stortford | | Delivery location | Not specified | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services ### Codes - 73000000 - Research and development services and related consultancy services ## Release History - 13 Apr 2022 at 15:25 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b78344d7-cfd5-4997-832f-5df44168b8df ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b78344d7-cfd5-4997-832f-5df44168b8df 13th April 2022 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/d1235289-b4c8-4a0a-a767-253718aebb4b - http://www.waretowncouncil.gov.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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