Expired contract

Financial and insurance services

Details

Supplier(s)
East London Small Business Centre (t/as London Small Business Centre)
Duration
7 years
Topic
Financial and insurance services
Published
2 February 2017

Tender description

Croydon Enterprise Loan Fund Delivery Partner (CELF). The initial term of the contract will be 3.5 years although the council has the option at their absolute discretion to extend the term for three further periods of 1.5 years, 1 year, 1 year, totalling 7 years. The scope of works is anticipated to be in the region of 1 100 000 GBP over 7 years. However, there is no guarantee of any value of orders over the course of the Contract Term. The first full 3.5 years value is expected to be in the region of 546 845 GBP.

Timeline

  1. Completed: Award date29 December 2016
  2. Completed: Award published2 February 2017
    Current notice
  3. Completed: Contract expiry date23 November 2023

About the buyer

London Borough of Croydon is a local authority procuring for the borough. Every procurement follows the council's Tenders and Contract Regulations 2024, its internal rulebook for value-for-money contracts. Since July 2023 a statutory Improvement and Assurance Panel has held powers to direct council decisions where value for money falls short.

Over the past 5 years, most of London Borough of Croydon's contract awards have been in business services, IT services and health and social work.

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