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Tenders

Financial Literacy Training

Open
Deadline
20 days left
April 17, 2026
Contract Details
Category
Open Procedure
Reference
022950-2026
Value
£24,000
Location
North East England, United Kingdom
Published
March 20, 2026
CPV Code
Project Timeline

Tender Published

March 13, 2026

Deadline for Questions

April 10, 2026

Submission Deadline

April 17, 2026

Contract Start Date

May 31, 2026

Budget
£24,000
Duration
15 months
Location
North East England
Type
Open Procedure
75
Quality Score/100
Good

Original Tender Description

Alongside its curriculum programmes the college offers an enrichment tutorial programme which helps develop life skills. The college wishes to include the development of financial literacy into that programme and is looking for an organisation with financial expertise and the ability to help it : provide this enrichment opportunity, develop or deploy a financial education platform suitable for use in a Further Education setting offer a full programme of financial literacy skills that can be adapted to different educational programme levels ( Levels 1, 2,3 and 4)

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Requirements & Qualifications

9 requirements across 5 categories

Submission (1)
Mandatory (1)
Compliance (3)
Technical (3)
Financial (1)
SUBMISSION REQUIREMENTS1
--No specific submission requirements are detailed in the provided text.
MANDATORY EXCLUSION GROUNDS1
--No specific mandatory exclusion grounds are detailed in the provided text.
ELIGIBILITY REQUIREMENTS3
--Must possess financial expertise.
--Must have the ability to develop or deploy a financial education platform suitable for use in a Further Education setting.
--Must be able to offer a full programme of financial literacy skills that can be adapted to different educational programme levels (Levels 1, 2, 3 and 4).
TECHNICAL CAPABILITY REQUIREMENTS3
--Ability to provide an enrichment opportunity.
--Ability to develop or deploy a financial education platform suitable for Further Education.
--Ability to offer a full programme of financial literacy skills adaptable to Levels 1, 2, 3, and 4.
FINANCIAL REQUIREMENTS1
--No specific financial requirements are detailed beyond the overall value of the tender.

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Documents

No processed documents available for this tender.

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75
Good

Tender Quality Score

This tender for Financial Literacy Training presents a good opportunity with clear objectives, though some areas like submission details and evaluation criteria could be enhanced for optimal participation. The value is disclosed and the process seems generally fair.

Score Breakdown

Legal Compliance75/100

The tender generally adheres to legal requirements with a clear CPV code and an open competition procedure. Deadlines appear reasonable for a below-threshold procurement. However, the absence of a reveal date and specific evaluation criteria can be a minor compliance concern regarding procedural transparency.

Missing reveal date
No evaluation criteria specified
Clarity80/100

The description of the required services and the college's objectives is clear. The AI-extracted requirements highlight specific needs like financial expertise and platform development. However, the lack of explicit submission requirements and detailed evaluation criteria slightly impacts overall clarity.

No specific submission requirements detailed
No evaluation criteria specified
Completeness70/100

Basic information such as title, reference, organization, estimated value, and deadlines are present. The contract duration and start date are specified. However, the unavailability of content for the tender documents and the lack of detailed submission requirements mean that not all essential information for bidders is fully complete.

Documents with content/summaries: 0
No specific submission requirements detailed
Fairness85/100

The tender is an open competition with a disclosed value, promoting a fair process. The requirements are broad and related to the service needed, without appearing tailored to specific companies. The use of e-procurement (implied by active status and typical online platforms) further enhances fairness.

Practicality65/100

While the contract duration and start date are provided, the absence of specific e-submission instructions and the lack of detailed financing information might present minor practical challenges. The value of the contract is disclosed, which is a positive practical aspect.

No e-submission (implied, as not explicitly stated)
Missing financing information
Data Consistency90/100

Key fields such as title, reference, organization, value, and deadlines are populated consistently. There are no reported disputes or suspensions. The dates provided appear logically sequenced.

Sustainability50/100

The tender does not explicitly mention any green procurement, social aspects, or innovation focus, nor does it state if it is EU funded. This indicates a moderate approach to sustainability considerations.

Not green procurement
No social criteria

Strengths

Clear title and reference number
Organization and description are well-defined
Estimated value and deadline are disclosed
Open competition procedure

Concerns

Lack of content in tender documents
Missing evaluation criteria
No explicit e-submission details
Absence of sustainability considerations

Recommendations

1. Provide detailed content or summaries for all tender documents.
2. Specify clear evaluation criteria to guide bidders.
3. Clarify e-submission procedures and include details on financing if applicable.

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