Section one: Contracting authority
one.1) Name and addresses
London Borough of Barking and Dagenham
Town Hall Square, Clockhouse Avenue
Barking
IG11 7LU
Country
United Kingdom
NUTS code
UKI52 - Barking & Dagenham and Havering
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
Tenders or requests to participate must be submitted to the above-mentioned address
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Contract for a Credit Union to Underpin A Community Banking Offer in Barking and Dagenham
two.1.2) Main CPV code
- 66113000 - Credit granting services
two.1.3) Type of contract
Services
two.1.4) Short description
London Borough of Barking & Dagenham are seeking an innovative and forward-thinking Credit Union partner who is up for the challenge of developing a Community Banking offer with us. Our vision is that fair, affordable and appropriate financial products and services are available to everyone who lives or works in Barking and Dagenham. We are looking for a Credit Union partnership to drive this forward and help us achieve our goals. The Credit Union does not have to be London based, we welcome applications from any Credit Union with excellent digital delivery.
two.1.5) Estimated total value
Value excluding VAT: £500,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 66110000 - Banking services
- 66113100 - Micro-credit granting services
two.2.3) Place of performance
NUTS codes
- UKI52 - Barking & Dagenham and Havering
two.2.4) Description of the procurement
London Borough of Barking & Dagenham are seeking an innovative and forward-thinking Credit Union partner who is up for the challenge of developing a Community Banking offer with us. Our vision is that fair, affordable and appropriate financial products and services are available to everyone who lives or works in Barking and
Dagenham. We are looking for a Credit Union partnership to drive this forward and help us achieve our goals. The Credit Union does not have to be London based, we welcome applications from any Credit Union with excellent digital delivery.
Full details can be found in the tender documents.
What we are looking for in a partnership:
• Organisational strength and ability to grow: a credit union that can demonstrate its financial health and ability to grow an innovative offer with us in Barking and Dagenham to meet local needs.
• Products and Services: a credit union with a well-established comprehensive range of products and services that can meet different customer needs, including savings accounts, instant loans and transactional banking facilities at minimum.
• Partnership working: a credit union that can demonstrate propensity and willingness to work innovatively with the council and borough partners over the course of the contract.
• Service delivery: a credit union with a strong digital offer and can provide full, remote access to products and services via the web and/or mobile app. Other forms of engagement for those who are digitally excluded should also be available i.e. telephone
• Impact and performance: a credit union with ambitious but realistic expectations of joint performance targets and a vision for the change we aim to see in Barking and Dagenham, as well as the ability to evidence the wider social, wellbeing and local economic impact of provision
The contract is for 3 years with the option to extend for up to a further 2 years. London Borough of Barking and Dagenham will provide a number of investments to ensure the productivity of the partnership.
The contract is advertised at £500,000 however, £250,000 is the budget envelope for the duration of the contract. Additional funds over the budget envelope to grow the offer may become available during the contract, including potential capital investment. There is no commitment to additional funds at this stage.
We invite Credit Unions who meet the specification to submit a response to the Tender.
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 90
Quality criterion - Name: Social Value / Weighting: 10
Quality criterion - Name: Price / Weighting: Pass / Fail
Price - Weighting: Pass / Fail
two.2.6) Estimated value
Value excluding VAT: £500,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
60
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
as detailed in the tender documents
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
three.2) Conditions related to the contract
three.2.1) Information about a particular profession
Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision
as stated in the tender documents
three.2.2) Contract performance conditions
as stated in the tender documents
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2021/S 000-010763
four.2.2) Time limit for receipt of tenders or requests to participate
Date
5 July 2021
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 6 (from the date stated for receipt of tender)
four.2.7) Conditions for opening of tenders
Date
5 July 2021
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.3) Additional information
The contracting authority intends to use an eTendering system in this procurement exercise.
Suppliers Instructions How to Express Interest in this Tender:
1) Register your company on the eSourcing portal (this is only required once)
— browse to the eSourcing Portal: https://lbbd.bravosolution.co.uk and click the link to register;
— accept the terms and conditions and click 'Continue';
— enter your correct business and user details;
— note the username you chose and click 'Save' when complete;
— you will shortly receive an email with your unique password (please keep this secure).
2) Express an Interest in the tender
— login to the portal with the username/password;
— click the 'PQQs/ITTs. Open To All Suppliers' link. (These are Pre-Qualification Questionnaires or Invitations to
Tender open to any registered supplier);
— click on the relevant PQQ/ITT to access the content;
— click the 'Express Interest' button at the top of the page;
— this will move the PQQ /ITT into your 'My PQQs/My ITTs' page. (This is a secure area reserved for your
projects only);
— you can now access any attachments by clicking 'Buyer Attachments' in the 'PQQ/ ITT Details' box.
3) Responding to the tender
— click 'My Response' under 'PQQ/ITT Details', you can choose to 'Create Response' or to 'Decline to
Respond' (please give a reason if declining);
— you can now use the 'Messages' function to communicate with the buyer and seek any clarification;
— note the deadline for completion, then follow the onscreen instructions to complete the PQQ/ITT;
— there may be a mixture of online and offline actions for you to perform (there is detailed online help
available);
— you must then submit your reply using the 'Submit Response' button at the top of the page.
If you require any further assistance, please consult the online help or contact the eTendering help desk.
Description1: Link to eTendering system is below
Link1: (URL) https://lbbd.bravosolution.co.uk
six.4) Procedures for review
six.4.1) Review body
The High Court
London
Country
United Kingdom