---
title: "BIDS Loan Fund"
ocid: "ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158.json"
source: "Contracts Finder"
current_stage: "Planning"
buyer: "MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT"
published: "2020-04-06"
---

# BIDS Loan Fund

Buyer: MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT  
Current stage: Planning  
OCID: ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158.json)

## Summary

The Ministry of Housing, Communities & Local Government is initiating the BIDS Loan Fund procurement process, aimed at establishing and managing a £500,000 recyclable fund to support Business Improvement Districts (BIDs) across the UK. This project falls under the financial and insurance services category and is currently in the planning stage. The key engagement milestone has a deadline set for 14th April 2020, an extension from the previous date to accommodate potential delays due to COVID-19.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) involved in financial services, particularly those with experience in managing funding initiatives for local business partnerships. Companies that can demonstrate capabilities in operational management and community engagement will be well-positioned to compete for this contract, enhancing their visibility and influence within local business environments.

## Notice

Business Improvement Districts (BIDs) are business-led partnerships, most commonly in town centres, which are created voluntarily to deliver additional local services and upgrade the local environment for the benefit of businesses. To facilitate the setting up of more BIDs, the Government established the PS500,000 recyclable BIDs Loan Fund. The Authority is looking for a Potential Supplier to operate and manage the BIDs Loan Fund. Additional information: The deadline for this has been extended from the 6th April 2020 to the 14th April 2020 due to the Authority understanding that COVID 19 may result in a delay to organisations responding to this request.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/21e061cb-a59b-4514-8689-fb672bb1c322 |
| 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 | 6 Apr 2020 |
| Submission deadline | Not specified |
| Future notice date | 14 Apr 2020 |
| 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 | MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT |
| Locality | WESTMINSTER |
| Post town | South West London |
| Postcode | SW1P 4JA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Vincent Square |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 6 Apr 2020 at 11:28 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/21e061cb-a59b-4514-8689-fb672bb1c322
- 13 Mar 2020 at 14:11 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/21e061cb-a59b-4514-8689-fb672bb1c322

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/21e061cb-a59b-4514-8689-fb672bb1c322
  6th April 2020 - Early engagement notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b04d9899-efb3-46e8-abf2-ecd96b4de470
- https://www.gov.uk/government/publications/the-portas-review-the-future-of-our-high-streets
  Portas Review of the High Street

## 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-eb75a1b5-5723-49e1-a9d9-ef2bca195158. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-eb75a1b5-5723-49e1-a9d9-ef2bca195158.json.