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
Address of the buyer profile: https://fair4allfinance.org.uk/invitations-to-tender/
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
Lender Process Optimisation and Anti-fraud Support
II.1.2) Main CPV code
79212400
II.1.3) Type of contract
Services
II.1.4) Short description
Fair4All Finance is seeking a provider to deliver anti-fraud product design and delivery support and lender process optimisation support.
Fair4All Finance is procuring anti-fraud and lender optimisation support services to enable us to appoint a partner(s) who can work with the personal lenders we invest in or appoint to deliver products or services on our behalf on an ad hoc basis and with an initial requirement focussed on a specific product pilot.
We welcome tenders covering both aspects of this work, but responses for a single element (anti-fraud or optimisation) will also be accepted.
Our requirement for this work arises out of our remit to improve the access to appropriate and affordable credit and related financial resilience products for people in vulnerable circumstances in England, and where we are working with the Devolved Administrations, across the UK.
Typically we work with lenders by making an investment (debt, equity or grant) into their operation to help them to grow and to serve more borrowers. We also develop and pilot new products and services. In both contexts we sometimes see the need to support lenders improve their operations or to enhance their approach to anti-fraud measures in their business.
Our immediate requirement for support relates to the pilot of a No Interest Loan Scheme (NILS) which we commenced a market engagement on targeting feedback from potential lenders, co-funders and referral partners in September 2021, ahead of formally procuring this scheme from 1 December 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.
II.1.5) Estimated total value
Value excluding VAT:
181 000.00
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
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: 36
This contract is subject to renewal: Yes
Description of renewals:
Annually dependent on requirements, detailed in the procurement documents.
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:
Yes
Description of options:
Any extension(s) will depend on the success of the NILS project. See the tender documents for further information.
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.1.2) Economic and financial standing
Selection criteria as stated in the procurement 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:
No
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