Awarded contract

Early Years Investment Fund Manager

Details

Supplier(s)
FSE CIC
Value
£5,500,000
Duration
22 years
Topic
Financial and insurance services
Published
23 May 2017

Tender description

This Contract Notice is issued by the Department for Education (DfE) and is an opportunity relating to the establishment of a funding vehicle (the “Early Years Investment Fund” (“EYIF”)) designed to increase the provision of early years places in England, focusing on those private and voluntary providers who will deliver the 30 hours of free childcare that will be available to working families from September 2017. See 'Attachments' for further details.

Timeline

  1. Completed: Award date15 May 2017
  2. Completed: Award published23 May 2017
    Current notice
  3. Next: Contract expiry date31 March 2039

About the buyer

The Department for Education is a ministerial department responsible for children's services and education policy in England, procuring both for itself and its executive agencies. Requirements are advertised on the Find a Tender service, published through the department's Jaggaer etendering system. Suppliers awarded a contract must register on the Central Digital Platform. Framework purchases follow the matching Crown Commercial Service terms. Many contracts are let on standard government terms, such as Cabinet Office short-form or model services agreements. Schools and academy trusts buy separately, using framework options the department reviews and approves in advance.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Department for Education's contract awards have been in business services, construction work and education and training.

Relevant CPV codes

  • 66000000 · Financial and insurance services

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