Funding/frameworks

Question 1

How does the select list framework assess quality?

Answer 1

A two stage procurement process:

Stg1- Responses to a quality questionnaire (backwards looking)

Stg2- Forward looking quality questions

60/40 split of price and quality.

Question 2

How does the select list framework assess price?

Answer 2

Financial assessment in stage 2 of the procurement process where a 60/40 split of price/quality is assessed.

Question 3

What is a ‘backwards looking’ approach?

What stage utilises the backwards looking approach?

Answer 3

Focuses on past performance and historical evidence

Stg1 is backwards looking, with questions related to managing budget, time and driving efficiencies in previous schemes.

Question 4

What is a ‘forward looking’ approach?

What stage utilises the forward looking approach?

Answer 4

Focuses on how the Contractor plans to deliver works in the future

Stg2, typically assesses responses to aspects of tendering for and managing a hypothetical project through to completion

Question 5

What is capital funding?

Answer 5

Money used to create a new asset

Question 6

What is revenue funding?

Answer 6

Money used to maintain assets (<1yr)

Question 7

What funding streams support the SRS programme?

Answer 7

Capital funding is used, it is called capitalised maintenance

Question 8

How are tenders assessed on the select list framework?

Answer 8

They are assessed based upon time and price. Quality is assessed to get onto the framework, we use the tender price and the start/completion date in an excel file to assess the tender returns.

Question 9

Where does Capital funding come from?

Answer 9

Capital grants (DfT), prudential borrowing, capital receipts etc.

Question 10

Where does Revenue funding come from?

Answer 10

Council tax, charges (parking tickets), grants etc.

Question 11

What is the term duration for the TSC?

Answer 11

6 year term with 6x1 year optional extensions

Question 12

What is the term duration for the SLF?

Answer 12

Re-tenders every 4 years