Expired contract

SE987 Crowdfunding Platform and Associated Services

Details

Supplier(s)
Crowdfunder
Value
GBP 420,000
Duration
3 years
Topic
Financial consultancy services
Published
31 August 2021

Tender description

Sport England is seeking to appoint a Provider for a crowdfunding platform, providing coaching and support to not less than 1,000 selected projects per annum who need to generate alternative sources of investment to sustain their business, both now during Covid, return to play and longer term. The high-level purpose of the crowdfunding platform is to deliver community rewards-based campaigns under the brand 'Active Together'. Sport England is seeking through this tendering process to award a contract with a suitably capable contractor to provide these Services for a term of 36 months and a unilateral option of Sport England to extend for further periods up to a maximum of six months at no additional cost. The anticipated contract value is up to £420,000 over the initial contract period. The estimated Sport England annual contract value is £60,000. Based on historic annual figures of 500 successful campaigns, attracting 50,000 supporters raising £3.5m, this could generate around £80,000 per annum income from fees.

Timeline

  1. Completed: Award date13 August 2021
  2. Completed: Award published31 August 2021
    Current notice
  3. Completed: Contract expiry date12 August 2024

About the buyer

Sport England is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66171000 · Financial consultancy services

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