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                            "value": "The London Borough of Hackney is looking to commission an experienced Children's Home provider to run and operate 2 new Children’s Homes in Hackney out of Council owned properties. The home will accommodate a maximum of 6 children between them (in a 2 bed and 4 bed home), from the ages of 11 and 17.\nWe recognise the exceptionally challenging staffing climate in relation to support work and residential care staff, as well as the complexities and challenges around OFSTED registration. As a result of this, our aim is to work in partnership with an experienced provider who is already delivering OFSTED registered children's homes services.\nCommissioning an experienced partner provider with an established staff and management pool, means that we are able to enhance the quality of experience and care for children looked after. We want to build a partnership with a provider who has a track record of delivering good and outstanding homes to help us deliver excellent services for children looked after in Hackney.\nThe maximum duration of the contract will be seven years, comprising an initial period of five years with the option to extend for a further two years (5+1+1).\nConditions of Participation:\nProviders will be required to meet 'conditions of participation' in order to have their entire bid evaluated . These are as detailed within the ITT and PSQ. Please refer to these documents to find further details which include:\nProviders will need to demonstrate that they have been operating children’s homes in England for at least 2 years and hold current active OFSTED registration. We would particularly welcome applications from providers that have a track record in delivering good or outstanding homes.\nOn the financial appraisal, we would seek that Providers have a Contract Turnover ratio of  less than 50%, Eg: Annual Contract Value ➗ Total Annual Turnover"
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