--- title: "Market Engagement - Low Interest Loan Provider" ocid: "ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76.json" source: "Contracts Finder" current_stage: "Tender" buyer: "CHERWELL DISTRICT & SOUTH NORTHAMPTONSHIRE COUNCIL" published: "2017-03-15" --- # Market Engagement - Low Interest Loan Provider Buyer: CHERWELL DISTRICT & SOUTH NORTHAMPTONSHIRE COUNCIL Current stage: Tender OCID: ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76.json) ## Summary The Cherwell District & South Northamptonshire Council is initiating a procurement process titled "Market Engagement - Low Interest Loan Provider" aimed at securing loan brokerage services. This tender is currently in the planning stage and is targeted at addressing the needs of vulnerable households and property owners in the United Kingdom. Key dates include a market engagement event scheduled for 6 April 2017 at The Forum, Moat Lane, Towcester, NN12 6RL, starting at 10:00 AM, with a tender period ending on 31 March 2017. The contract period is set to commence on 1 June 2017 and conclude on 15 March 2018, establishing a contract with a term lasting nearly a year. The procurement method specifics are not specified at this stage. This tender presents a significant opportunity for businesses that provide financial services, particularly those specialising in low-interest loan products tailored for vulnerable demographics. Companies that can contribute to the strategic objectives of the Council by offering affordable and high-quality loan services will be well-positioned to compete. With an emphasis on supporting energy efficiency, bringing empty homes back into use, and promoting independent living for disabled individuals, businesses with expertise in social housing finance or community-based lending would find this procurement particularly aligned with their offerings. ## Notice Please see attached Market Engagement Event Additional information: Market Engagement Event Only - Low Interest Loan Provider South Northamptonshire Council are to procure a low interest loan service to assist vulnerable households and property owners. The Private Sector Housing Strategy directs financial assistance:- a) To vulnerable occupiers living in hazardous housing conditions; b) To encourage long term empty homes to be brought back into use; c) To support energy efficiency measures with the aim of reduce poverty; d) To support the provision of an increased supply of well-managed, affordable and secure rental accommodation in the private sector; and e) To promote independent living by funding access to facilities considered necessary to meet the clinically assessed needs of a disabled person. Vulnerable occupiers: o The assistance provided by the Council takes the form of loan products administered by a partner agency tailored to meet the needs of its clients. o Loan assistance for owner-occupiers meeting the eligibility criteria will take the form of capital and interest repayment loans. o Interest only and interest roll-up loans will normally only be suitable for applicants over 65 with sufficient equity in their home. o Typically loans to owner-occupiers will be for a maximum amount of ?7500 and with a maximum repayment period of 15 years. Landlords: o low-interest loan product providing an incentive for landlords to meet the Council's strategic objectives by providing affordable, high quality accommodation for low-income households. We would like, at this stage prior to formal procurement, to seek input from the market as to what the appetite might be for undertaking this service and to allow an opportunity to discuss options for the delivery of future provision. The Councils intends to hold an open information session for all interested organisations to be held at The Forum, Moat Lane, Towcester, NN12 6RL on Thursday 6 April 2017, which will start at 10.00am. This will provide an opportunity for organisations to explore these proposals further. The session will include: o An overview of our Private Sector Housing Priorities o An outline of our low cost loan requirements and how we would like to work with providers o The procurement timetable o Opportunity for private meetings with providers Due to limited space, we ask that only one person from each organisation attend. If you wish to attend, please contact May Read, Interim Strategic Housing Manager, may.read@southnorthants.gov.uk. https://in-tendhost.co.uk/cherwellandsouthnorthants/aspx/Home Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0ac77a6b-1381-4d3f-ae0f-e78911624273 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Mar 2017 | | Submission deadline | 31 Mar 2017 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 May 2017 - 15 Mar 2018 | | 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 | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | CHERWELL DISTRICT & SOUTH NORTHAMPTONSHIRE COUNCIL | | Locality | NORTHANTS | | Post town | Northampton | | Postcode | NN12 6DW | | Country | England | | ITL 1 | TLF East Midlands (England) | | ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire | | ITL 3 | TLF24 West Northamptonshire | | Local authority | West Northamptonshire | | Electoral ward | Towcester and Roade | | Westminster constituency | South Northamptonshire | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66190000 - Loan brokerage services ## Release History - 15 Mar 2017 at 13:51 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/0ac77a6b-1381-4d3f-ae0f-e78911624273 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/0ac77a6b-1381-4d3f-ae0f-e78911624273 15th March 2017 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/cherwellandsouthnorthants/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/cherwellandsouthnorthants/aspx/Home ## 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-b5fd17-94b69142-9535-4655-8854-b58c1582eb76. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-94b69142-9535-4655-8854-b58c1582eb76.json.