Published date: 31 July 2020

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: 17 August 2020

Contract summary

Industry

  • Business and management consultancy services - 79410000

Location of contract

England

Value of contract

£0 to £45,000

Procurement reference

RFQ 002A

Published date

31 July 2020

Closing date

17 August 2020

Contract start date

31 August 2020

Contract end date

9 October 2020

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?

Yes

Description

Fair4All Finance is seeking a provider to deliver business planning and financial modelling support for up to three affordable credit providers in August-October 2020.
In response to the Covid-19 pandemic, and its expected impact on the business models of affordable credit providers, Fair4All Finance launched an emergency grant fund in April 2020. Fair4All Finance has, through its Covid-19 Resilience Fund, awarded some individual credit unions grants of up to £15k to pay for financial consulting support to create a plan for sustainability.
This work will involve: 1. Constructive engagement with the board/senior team of each organisation to develop a plan for sustainability; 2. Develop an individual business model for each organisation, with clear & agreed assumptions leading to sustainability; 3. A summary report to Fair4All Finance on building best practice at credit unions.
This work is expected to take 6 weeks, to include:
- For each organisation: engagement & diagnostic, building model, testing assumptions & agreeing sustainability plans
- With Fair4All Finance: engagement, final report to Fair4All Finance.
The work will be with two or three credit unions.

More information

Links

About the buyer

Contact name

Holly Piper

Address

2nd Floor 28 Commercial Street
London
E16LS
England

Email

holly@fair4allfinance.org.uk

Website

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