Procurement of a Financial Inclusion Service
To consider the introduction of a Financial Inclusion Service
Cabinet Member for Finance, Corporate Services and Sustainability to report.
Minutes:
The Cabinet considered a report of the Executive Director of Resources that sought approval for the procurement of a financial inclusion service.
The Cabinet was being asked to consider and agree to procure a comprehensive financial inclusion service for a 3-year period, with option to extend for a further 3-year period subject to funding being available. This consolidated offer would work closely with Council teams and across the Oldham Partnership to support residents experiencing financial crisis and improve the financial resilience of individuals and communities. The funding would be provided by the Department of Work and Pensions via the Crisis and Resilience Grant Funding commencing on 1st April 2026.
Options/Alternatives considered:
Option 1 - Do not procure a Financial Inclusion Service.
Option 2 (Preferred Option) – To procure a Financial Inclusion Service.
Resolved:
That the Cabinet agrees:
1. To the procurement of a financial inclusion service for a period of three years with an option to extend for a further three-year period subject to available funding.
2. To the extension of the current grant funding arrangement with Citizens Advice for up to three months to allow for the procurement process to take place.
3. To delegate authority to the Executive Director of Resources in consultation with the Deputy Leader and Cabinet Member for Finance, Corporate Services and Sustainability to award the contract following the completion of the procurement process.
4. To delegate authority to the Executive Director of Resources, in consultation with the Deputy Leader and Cabinet Member for Finance, Corporate Services and Sustainability, to approve any extensions to the contract as provided for within the original contract terms and where there is budget available.