Contract notice
Section I: Contracting
authority
I.1) Name and addresses
FAIR4ALL FINANCE LIMITED
2nd Floor 28 Commercial Street
London
E16LS
UK
Contact person: Gary Stephens
Telephone: +44 7940519544
E-mail: procurement@fair4allfinance.org.uk
NUTS: UKI42
Internet address(es)
Main address: www.fair4allfinance.org.uk
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://fair4allfinance.org.uk/invitations-to-tender/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Internal Audit Support - No Interest Loan Scheme
II.1.2) Main CPV code
79212000
II.1.3) Type of contract
Services
II.1.4) Short description
Fair4All Finance is seeking a provider to deliver internal audit support to ensure that our delivery of the No Interest Loans Scheme (NILS) is compliant with the various funding agreements we enter into to finance the scheme.
Fair4All Finance is procuring internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements.
Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders.
We have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland.
NILS product development is already underway and we have a small scale proof of concept (POC) also commencing delivery in December 2021 / January 2022.
Further information is contained within the Procurement information available from the Fair4All Limited website.
II.1.5) Estimated total value
Value excluding VAT:
73 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Please see tender documents
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: Yes
Description of renewals:
Renewals will depend on the future of NILS
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
See tender documents
III.1.2) Economic and financial standing
List and brief description of selection criteria:
See tender documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
21/01/2022
Local time: 17:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
24/01/2022
Local time: 09:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
Yes
VI.4) Procedures for review
VI.4.1) Review body
Fair4All Finance Limited
London
UK
VI.5) Date of dispatch of this notice
13/12/2021