Published date: 20 July 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.


Closing: 16 August 2021, 10am

Contract summary

Industry

  • Research consultancy services - 73210000

Location of contract

E1 6LS

Value of contract

£8,000 to £20,000

Procurement reference

RFQ 008A

Published date

20 July 2021

Closing date

16 August 2021

Closing time

10am

Contract start date

1 September 2021

Contract end date

28 February 2022

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Fair4All Finance is teaming up with Toynbee Hall and Fair By Design to deliver a No Interest Loan Scheme (NILS) proof of concept in autumn 2021. The objective of the proof of concept (POC) is to test whether there is a sustainable way to deliver a NILS, and whether the social impact and positive customer outcomes associated with a customer having access to a NILS versus no loan, a high-cost loan or going without outweigh the costs of the required subsidy.

We are seeking a delivery partner that can work with the NILS project team (Fair4All Finance, Fair By Design, and Toynbee Hall - see Appendix 1 for more info on each organisation) to implement the proof of concept NILS product quickly, and then work in an agile and collaborative way to test the product, feed back learnings and implement changes to the loan process as required .

Full information is available from the Fair4All Finance website, under tender opportunities or click on the links contained within this notice. You will need to respond by clicking on the Response Document link on the website.

More information

Links

Additional text

For organisations that have not already been through Fair4All Finance's due diligence process as part of the scale up or Covid grant programmes, you will be required to go through an assessment. You will find a document on the website, please refer to Appendix 4 in the quote request and download the financial information template to complete.

About the buyer

Contact name

Gary Stephens

Address

2nd Floor 28 Commercial Street
London
E16LS
England

Email

procurement@fair4allfinance.org.uk

Website

https://fair4allfinance.org.uk/invitations-to-tender/