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Published 15 Jul 2021, 16:54 BST

Official UK procurement notice

RES/SR/Financial administration of Vulnerable Person's Resettlement Scheme

Official notice

Authority: Bristol City Council (Local council)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: South West (UKK11)
Published estimate£240,243≈ £48k / year
Submissions closed 16 Aug 2021awarded 3 Sept 2021
Awarded to Great Western Credit Union
Contract term 5 yrsends 13 Sept 2026 · extension options published · starts 14 Sept 2021

What is being bought

Published requirement description

Effective administration of deposit bond scheme, rent in advance payments and ongoing rent income and outgoings in respect of the Vulnerable Person’s Resettlement Scheme.

CPV: Banking and investment services · Banking services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal 5 yrs
Contract period: 14 Sept 2021 – 13 Sept 2026 (5 yrs)
Delivery: South West
Extensions: 5 year contract with 2 twelve month extensionsVariant bids: not allowed
66100000 Banking and investment services

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 20%Price: 60%Social value: 20%
Published award criteria (3)
  • Quality: 20%
  • Social Value: 20%
  • Price: 60%
What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
15 Jul 2021, 16:54 BST
Last source update
15 Sept 2021, 12:13 BST
Award evaluation window
15 Jul 2021 – …
Authority reference
DN548006
FTS notice number
2021/S 000-022912
Classification (CPV)
Banking and investment servicesBanking services
Delivery area
South West (UKK11)
Official registry OCID
ocds-h6vhtk-02c887 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
16 Aug 2021, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
15 Jul 2021, 16:00 BST
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Advert/Index ↗

Timeline

15 Jul 2021 → 15 Sept 2021 · 4 dates
  1. Bids opened
    15 Jul 2021, 16:00 BST
  2. Submission deadline
    16 Aug 2021, 12:00 BST
  3. Contract starts
    14 Sept 2021, 00:00 BST
  4. Notice published
    15 Sept 2021, 12:13 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    15 Sept 2021, 12:13 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Bids received 1
Contracts signed 1latest 3 Sept 2021
Awarded toValueDateStatus
Great Western Credit Union——Awarded

Contracts

  • RES/SR/Financial administration of Vulnerable Person's Resettlement Scheme · Great Western Credit Union

    Signed
    3 Sept 2021
    Value
    —
    Period
    … – 13 Sept 2026
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids——£175,000 – £227,500

Contracting authority & participating public bodies

Bristol City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Bristol City Council, City Hall, College Green, Bristol, South West, BS1 5TRContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Bristol District Registry of the High CourtReview body Bristol

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.