---
title: "Market Sustainability and Fair Cost of Care Fund"
ocid: "ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE ROYAL BOROUGH OF KINGSTON UPON THAMES"
published: "2022-12-23"
---

# Market Sustainability and Fair Cost of Care Fund

Buyer: THE ROYAL BOROUGH OF KINGSTON UPON THAMES  
Current stage: Award  
OCID: ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2

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## Summary

The Royal Borough of Kingston upon Thames has awarded a contract for the "Market Sustainability and Fair Cost of Care Fund" project in the health and social work services industry. The tender had an open procedure with a value of £70,000. The procurement awarded to Alma Economics Ltd had a contract period starting on June 24, 2022, and ending on October 14, 2022.

This procurement opportunity focuses on reforming the existing cost of care operating methods in the care provider sector, aimed at ensuring future financial sustainability. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations would be well-suited to compete in this opportunity to contribute to equitable access to quality and cost-effective care services for the 65+ and 18+ age groups in the care home and home care sectors, respectively.

## Notice

The Market sustainability and fair cost of care fund reforms provide an opportunity to improve equitable access to quality and cost-effective care provider services. The successful implementation of the Fair Cost of Care reforms shall provide a great opportunity to local authorities and the care provider sector to jointly review the existing cost of care operating methods, and plan ahead a fair cost for care, this aims to maintain the future financial sustainability of the sector. The Fair Cost of Care reforms apply to the Care home sector for age 65+ years and Home care (Domiciliary care) sector for age 18+ years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/dd83bb86-9fdc-4dd8-adad-3cb2fac68872 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Dec 2022 |
| Submission deadline | 2 May 2022 |
| Future notice date | Not specified |
| Award date | 23 May 2022 |
| Contract period | 23 Jun 2022 - 14 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| Lots value | Not specified |
| Awards value | £70,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE ROYAL BOROUGH OF KINGSTON UPON THAMES |
| Locality | KINGSTON UPON THAMES |
| Post town | Kingston upon Thames |
| Postcode | KT1 1EU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI63 Merton, Kingston upon Thames and Sutton |
| Local authority | Kingston upon Thames |
| Electoral ward | Kingston Town |
| Westminster constituency | Kingston and Surbiton |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ALMA ECONOMICS |

## CPV Codes

### Divisions

- 85 - Health and social work services

### Codes

- 85000000 - Health and social work services

## Release History

- 23 Dec 2022 at 13:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/dd83bb86-9fdc-4dd8-adad-3cb2fac68872

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/dd83bb86-9fdc-4dd8-adad-3cb2fac68872
  23rd December 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.kingston.gov.uk

## 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-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2abe70ea-0ec8-4b35-9cdd-b13e933c63a2.json.