Source: https://tendernation.io/opportunities/01a13c89-5bd2-701c-b503-5be9706410a9/community-banking-business-appraisal closed GB restricted procedure Suitable for SMEs # Community banking business appraisal [Ware Town Council](https://tendernation.io/buyers/ware-town-council) Estimated value £2,000 to £10,000 Published 13 Apr 2022 Deadline Closed 29 Apr 2022 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Small contract value Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender ### Ware Community Banking strategy - specification - Background Ware, Hertfordshire is a market town with a population of c20K. The Town Centre has a mix of mostly independent businesses. Over the last five years all of the town's high street banks have closed. The post office is based in McColl's in the High Street and offers both personal and business banking facilities, there are various ATMs distributed around Ware. The county town of Hertford approximately four miles away has banking facilities provided by Nat West, Santander, Lloyds and HSBC. The council is seeking suitability experienced consultancy support with this strategic work. - The overall remit We wish to commission the following specific outputs: To identify - Is there a need for a community bank hub in Ware or could the needs of the community be better met in another way for both personal and business banking. To define - What a community bank hub is, providing options and examples from other communities in the UK and further afield if relevant. To create - A business plan with SMART objectives for a community bank to include (but not limited to) the following. • Legal structure / Governance arrangements • Ownership • Cost and income proposals • Space required • Security arrangements • Partner organisations • Grants available, capital and revenue • Hours of operation • Staffing • Capital costs • Revenue income and costs 1 to 5 years • Marketing And produce a business plan / scoping document with SMART objectives for the other options if the community bank hub scheme is not progressed. • Legal structure • Ownership • Cost and income proposals • Space required • Security arrangements • Partner organisations • Grants available, capital and revenue • Hours of operation • Staffing • Capital costs • Revenue income and costs 1 to 5 years • Marketing The consultant may be asked to produce an opening plan with costs and timescales dependent on the evaluation of the business plan by the Council, (a separate cost should be included for this item) We envisage the appointed consultant(s) working with council officers and members and our various partners and stakeholders in a collaborative way to find solutions. The consultant is encouraged to liaise with the following groups or individuals. • Derek French • The Banking Hub company • Post Office Counters • Access to Cash Group - Detailed requirements Specifically, we would like support in the following areas: • a desk top review supplemented by interviews/discussion with key contacts locally in order to reflect back to the council • a reasoned, evidence-based discussion of the issues and potential solutions • a clearly laid out action plan containing SMART actions and targets • reference to the latest thinking and best practice regarding banking services • Read full description ## CPV classification Research and development services and related consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/184c6d4d-9bd8-4e54-994e-0d45041d55b9) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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