Social Impact Bond - Turning the Tide 2016

North Somerset CouncilcontractContracts FinderRef DN122923SME suitablecomplete
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Estimated value

£3.3m

Awarded value

£33.3m

Awarded 19 Dec 2016

Suppliers

1

Lots

1

1 awarded

Published

31 Jan 2017

Deadline 27 Oct 2016

Description

North Somerset Council's Turning the Tide Social Impact Bond (SIB) aims to reduce the need for children to be looked after by commissioning a service that works with families to help children safely stay at home and by keeping placements in care short through reuniting children with their families as soon as possible The service will focus on improving family functioning and resilience to improve outcomes for an estimated 240 children over an initial five year period with an opportunity to extend the contract to seven years. We have explored family preservation models but would be interested in any approaches that would deliver the outcomes. Families to be worked with will fall into two specific cohorts as follows: Cohort 1 - Families with a child aged 10 - 17 currently looked after under s.20 of the Children's Act (1989) and with a plan to return home. Cohort 2 - Families with a child aged 10 - 17 on the edge of care and at imminent risk of becoming looked after on a voluntary basis. Using a payment by results model, service provider/s will receive payments linked to key primary outcomes such as: - the child being reunited with the family and returning to the family home (cohort 1) - Improved measured family functioning and child well-being - the child remains home with their family (cohort 2) - Improved measured family functioning and children well-being

Scope

Reference
DN122923
Total value
£3,325,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
04 Jan 2017 to 03 Jan 2024
CPV classifications
66000000 85000000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
27 Oct 2016, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£33.3m

Award date

19 Dec 2016

Contract start

04 Jan 2017

Contract end

03 Jan 2024

Awarded to