Published date: 27 September 2019

Closed future opportunity - This means that a potential contract has passed its approach to market date. A buyer can choose to consider any supplier interest or convert this notice into an opportunity ready for live procurement.


Approach to market date: 15 December 2019

Contract summary

Industry

  • Banking services - 66110000

Location of contract

South West

Value of contract

£168,000

Procurement reference

BRISTOLCC001-DN435397-58877782

Published date

27 September 2019

Approach to market date

15 December 2019

Contract start date

1 April 2020

Contract end date

31 March 2023

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The Council is considering commissioning a service to support vulnerable persons and requires a provider to support the financial administration of deposit bond scheme, rent in advance payments and ongoing rent income and outgoings. The Council wishes to test the level of market interest in such a service before commencing any commissioning process. The proposed contract period will potentially be for three years with further two years extensions available. It is anticipated that the contract will begin on the 1st April 2020. The estimated contract value will be approximately £168,000 over five years, this is based on a management fee of 4% and rents being £70,000 per month.
The level of interest shown in this market consultation will support the council considering possible procurement routes for this potential service. If the Council does proceed with such a service, it is estimated that the Council will issue the tender in December 2019 to January 2020.
If you are interested in this opportunity please complete an expression of interest by 12:00 pm the 28th October 2019.

More information

Spend profile

This table displays the spend profile of the notice
Financial year Budget
2020/2021 £33,600

About the buyer

Contact name

Gina Smalley

Address

Bristol City Council
City Hall, College Green
Bristol
BS1 5TR
United Kingdom

Telephone

+44 1179224619

Email

gina.smalley@bristol.gov.uk

Website

https://www.bristol.gov.uk/