Provision of Domiciliary Care in the London Borough of Bromley

The Council estimates this procurement opportunity based on best market valuation of an estimated annual contract value for the whole framework of £20.3M. Tenderers for Lot 1 must have an annual minimum turnover of £3M.

As a Condition of Participation, tenderers must demonstrate that they have sufficient financial standing to perform the contract.

This will be assessed in the following way:

• The Council will firstly obtain the tenderers' credit rating using Data8 'Business Insights' during the evaluation period. Tenderers that have a credit score of 50 or above and have met any minimum turnover requirements (if included) will be deemed to have sufficient financial standard.
• Tenderers that have a credit rating below 50 will be subject to further financial checks. This will be in the form of ratio analysis based on the tenderers' latest accounts (or other evidence, as uploaded by the tenderer on the Find a Tender site). Specifically, tenderers must demonstrate the following:

o Trade debtor days to be a maximum of 60 days.

o Current ratio to be above 0.6.

o Debt to equity ratio to be under 3.

• If a tenderer does not meet the criteria above, it will be excluded from the process without further evaluation

-For clarity, if providers are bidding as a consortium, only the turnover of the members that meet the financial standing criteria (above) will be considered when determining if the minimum turnover requirements (if included) are achieved.

Question 1: CQC Rating of "Good" or above at the point of submission and through to contract award.

Question 2: Location of registered office should be in Bromley or in authorities that share a border with Bromley.

Question 3: For Tier 1 Patch Providers only: Annual minimum turnover of £3M.

All questions are Pass/Fail. Please refer to the Tender Documents for a full description of the criteria and scoring mechanisms.

The Council estimates this procurement opportunity based on best market valuation of an estimated annual contract value for the whole framework of £20.3M.

As a Condition of Participation, tenderers must demonstrate that they have sufficient financial standing to perform the contract.

This will be assessed in the following way:

• The Council will firstly obtain the tenderers' credit rating using Data8 'Business Insights' during the evaluation period. Tenderers that have a credit score of 50 or above will be deemed to have sufficient financial standard.
• Tenderers that have a credit rating below 50 will be subject to further financial checks.

This will be in the form of ratio analysis based on the tenderers' latest accounts (or other evidence, as uploaded by the tenderer on the Find a Tender site). Specifically, tenderers must demonstrate the following:

o Trade debtor days to be a maximum of 60 days.

o Current ratio to be above 0.6.

o Debt to equity ratio to be under 3.

• If a tenderer does not meet the criteria above, it will be excluded from the process without further evaluation

-For clarity, if providers are bidding as a consortium, only the turnover of the members that meet the financial standing criteria (above) will be considered when determining if the minimum turnover requirements (if included) are achieved.

Question 1: CQC Rating of "Good" or above at the point of submission and through to contract award.

Question 2: Location of registered office should be in Bromley or in authorities that share a border with Bromley.

Both questions are Pass/Fail. Please refer to the Tender Documents for a full description of the criteria and scoring mechanisms.

The Council estimates this procurement opportunity based on best market valuation of an estimated annual contract value for the whole framework of £20.3M.

As a Condition of Participation, tenderers must demonstrate that they have sufficient financial standing to perform the contract.

This will be assessed in the following way:

• The Council will firstly obtain the tenderers' credit rating using Data8 'Business Insights' during the evaluation period. Tenderers that have a credit score of 50 or above will be deemed to have sufficient financial standard.
• Tenderers that have a credit rating below 50 will be subject to further financial checks. This will be in the form of ratio analysis based on the tenderers' latest accounts (or other evidence, as uploaded by the tenderer on the Find a Tender site). Specifically, tenderers must demonstrate the following:

o Trade debtor days to be a maximum of 60 days.

o Current ratio to be above 0.6.

o Debt to equity ratio to be under 3.

• If a tenderer does not meet the criteria above, it will be excluded from the process without further evaluation

-For clarity, if providers are bidding as a consortium, only the turnover of the members that meet the financial standing criteria (above) will be considered when determining if the minimum turnover requirements (if included) are achieved.

Question 1: CQC Rating of "Good" or above at the point of submission and through to contract award.

Question 2: Location of registered office should be in Bromley or in authorities that share a border with Bromley.

Both questions are Pass/Fail. Please refer to the Tender Documents for a full description of the criteria and scoring mechanisms.