Banking Services Tender Shropshire

Banking Services Tender Shropshire

Management and Administration of the Shropshire Council (and potentially Staffordshire County Council and Worcestershire County Council) Business Loans to Small and Medium Enterprises.

UK-Shrewsbury: banking services

2012/S 61-099417

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Shropshire Council
Shirehall, Abbey Foregate
For the attention of: Nigel Denton, Procurement Manager
SY2 6ND Shrewsbury
UNITED KINGDOM
Telephone: +44 1743252993
E-mail: procurement@shropshire.gov.uk
Fax: +44 1743255901

Internet address(es):

General address of the contracting authority: www.Shropshire.gov.uk

Further information can be obtained from: The above mentioned contact point(s)

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)

Tenders or requests to participate must be sent to: Democratic Services Manager, Shropshire Council

Shirehall, Abbey Foregate
For the attention of: Democratic Services Manager, Legal & Democratic Services
SY2 6ND Shrewsbury
UNITED KINGDOM
Telephone: +44 1743252993
Fax: +44 1743255901

I.2)Type of the contracting authority

Regional or local authority
I.3)Main activity

General public services
I.4)Contract award on behalf of other contracting authorities

The contracting authority is purchasing on behalf of other contracting authorities: yes

Shropshire Council
SY2 6ND
Shrewsbury
UNITED KINGDOM

Staffordshire County Council
ST16 2LP
Stafford
UNITED KINGDOM

Worcestershire County Council
WR5 2NP
Worcester
UNITED KINGDOM

Section II: Object of the contract

II.1)Description
II.1.1)Title attributed to the contract by the contracting authority:

BMC 001 – Management & Administration of the Shropshire Council (and potentially Staffordshire County Council and Worcestershire County Council) Business Loans to Small & Medium Enterprises.
II.1.2)Type of contract and location of works, place of delivery or of performance

Services
Service category No 6: Financial servicesa)Insurances services b)Banking and investment services
Main site or location of works, place of delivery or of performance: Shropshire.
NUTS code
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)

The notice involves a public contract
II.1.4)Information on framework agreement
II.1.5)Short description of the contract or purchase(s)

The Council is looking for an organisation to manage and administer Shropshire Council funding of £500,000 for up to a 4-year period for the provision of loans to small and medium sized enterprises (SMEs), including micro businesses, located within the local authority area of Shropshire. The contract could be extended through the provision of additional funding such as ERDF and additional geographic coverage into Worcestershire and Staffordshire during the contract period. In this case the relevant sponsoring organisation for the area covered (Shropshire, Staffordshire or Worcestershire County Council) may have additional requirements in relation to the type and coverage of loans in their areas.
The loans are to help in the creation of new SMEs and improve the performance of existing SMEs. For loans that are awarded in Shropshire, there is a requirement for the contractor to match the Shropshire Council funding 50:50 on each loan awarded.
Please note this contract is also to be available to Staffordshire County Council (SCC) and Worcestershire County Council (WCC) to utilise without further completion if they so decide and at their absolute discretion if they wish to create their own Loan Fund. The individual sponsoring organisation may have their own requirements in terms of match funding.
An extension to the contract, or the application of the contract by SCC and WCC could involve the use of European Regional Development Fund (ERDF) funding. The potential total value of the extensions including the use of the contract by SCC and WCC would be 5 000 000 GBP, comprising 2 500 000 GBP ERDF funding and 2 500 000 GBP public funding. An announcement is due in August 2012 as to whether the ERDF funding application is successful.
Loans will be provided of between 5 000 GBP and 50 000 GBP to SMEs that have been unable to gain finance from ‘high street’ loan providers. The loans will generally be available to SMEs for working capital, bridging, property and equipment purchases, start-up capital and business purchases (not including management buy outs or similar). If ERDF funding is used to extend the project there are specific exclusions relating to the type of business that can be supported and the nature of what the loan can spent on. For example, where ERDF is used the loan must be used for development or expansion of the business only and not working capital.
There are also mandatory monitoring and reporting requirements for ERDF funding and further information can be found in the tender document.
II.1.6)Common procurement vocabulary (CPV)

66110000

II.1.7)Information about Government Procurement Agreement (GPA)

The contract is covered by the Government Procurement Agreement (GPA): no
II.1.8)Lots

This contract is divided into lots: no
II.1.9)Information about variants

Variants will be accepted: yes
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:

See tender documents.
Estimated value excluding VAT: 900 000,00 GBP
II.2.2)Information about options

Options: no
II.2.3)Information about renewals

This contract is subject to renewal: no
II.3)Duration of the contract or time limit for completion

Starting 1.6.2012. Completion 31.5.2016

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:

See tender documentation.
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:

See tender documentation.
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:

Joint and severable liability.
III.1.4)Other particular conditions

The performance of the contract is subject to particular conditions: yes
Description of particular conditions: See tender documentation.
III.2)Conditions for participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers

Information and formalities necessary for evaluating if the requirements are met: See tender documentation.
III.2.2)Economic and financial ability

Information and formalities necessary for evaluating if the requirements are met: See tender documentation.
III.2.3)Technical capacity

Information and formalities necessary for evaluating if the requirements are met:
See tender documentation.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession

Execution of the service is reserved to a particular profession: yes
Reference to the relevant law, regulation or administrative provision: Relevant Law to be provided.
III.3.2)Staff responsible for the execution of the service

Legal persons should indicate the names and professional qualifications of the staff responsible for the execution of the service: yes

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure

Open
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2)Award criteria
IV.2.1)Award criteria

The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document
IV.2.2)Information about electronic auction

An electronic auction will be used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority:

BMC 001
IV.3.2)Previous publication(s) concerning the same contract

no
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document

Time limit for receipt of requests for documents or for accessing documents: 4.5.2012
Payable documents: no
IV.3.4)Time limit for receipt of tenders or requests to participate

8.5.2012 – 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening tenders

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no
VI.2)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: yes
Reference to project(s) and/or programme(s): An extension to the contract, or the application of the contract by SCC and WCC could involve the use of European Regional Development Fund (ERDF) funding. The potential total value of the extensions including the use of the contract by SCC and WCC would be £5 million, comprising 2 500 000 GBP ERDF funding and 2 500 000 GBP public funding. An announcement is due in August 2012 as to whether the ERDF funding application is successful.
Loans will be provided of between 5 000 GBP and 50 000 GBP to SMEs that have been unable to gain finance from ‘high street’ loan providers. The loans will generally be available to SMEs for working capital, bridging, property and equipment purchases, start-up capital and business purchases (not including management buy outs or similar). If ERDF funding is used to extend the project there are specific exclusions relating to the type of business that can be supported and the nature of what the loan can spent on. For example, where ERDF is used the loan must be used for development or expansion of the business only and not working capital.
There are also mandatory monitoring and reporting requirements for ERDF funding and further information can be found in the tender document.
VI.3)Additional information

The contracting authority reserves the right not to award a contract or to award any option(s) it so wishes. Closing date for receipt of tenders is 12 noon, 8.5.2012. Applicants wishing to tender for this requirement should request a tender pack in writing or by email to the Procurement Manager, Shropshire Council as set out in para 1.1 above.
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures

See VI.4.2 below

VI.4.2)Lodging of appeals

Precise information on deadline(s) for lodging appeals: The Contracting Authorities will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into.
VI.4.3)Service from which information about the lodging of appeals may be obtained

See VI.4.2 above

VI.5)Date of dispatch of this notice:23.3.2012