Published date: 3 September 2021
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Administration services - 75100000
Location of contract
London
Value of contract
£100,000
Procurement reference
tender_284021/993996
Published date
3 September 2021
Closing date
15 September 2021
Closing time
2pm
Contract start date
1 October 2021
Contract end date
30 September 2022
Contract type
Service contract
Procedure type
Competitive quotation (below threshold)
The buyer selects a group of potential suppliers to invite to tender.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The City of London Corporation requires an Administrator for its Financial Support Scheme and Extended Member Support Scheme for a period of 12 months.
In summary the role of the Administrator will be to:
- Independently administer the Scheme and the Extended Scheme in a timely manner and on a fair and reasonable basis.
- Impartially consider claims made under the Scheme and the Extended Scheme by claimants/Members and (where appropriate) request further information from claimants/Members to support claims and consider that further information.
- Make recommendations to the Corporation on whether the Corporation should approve a claim and make a payment to the claimant/Member under the Scheme or the Extended Scheme.
- Confirm to the Corporation the amount to be paid to the Member under the Scheme or the Extended Scheme. Please note that all Administrator approved payments under the Scheme and the Extended Scheme will be paid directly to the claimant/Member by the Corporation.
- Advise the Corporation of the tax and National Insurance Contributions ("NIC") treatment of approved payments made under the Scheme or the Extended Scheme. In particular whether the Corporation is required to operate tax and Class 1 NIC on the approved payment under PAYE and/or whether any tax and/or NIC exemptions relating to office holders pay and/or expenses may apply.
The Administrator
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Closing: 15 September 2021, 2pm
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