Diversification of Children’s Social Care Market - Preliminary Market Engagement (PME) Notice (updated 20 October 2025)
Buyer: Department for Education
- Published
- 20 October 2025
- Place of performance
- UKC
- Lots
- 1
- Notice number
- 066873-2025
- Reference
- ocds-h6vhtk-059695
- Official source
- Official source
CPV codes
- 66100000Banking and investment services
- 66120000Investment banking services and related services
- 85311300Welfare services for children and young people
- 66171000Financial consultancy services
- 79412000Financial management consultancy services
- 85000000Health and social work services
- 85322000Community action programme
- 98000000Other community, social and personal services
Description
Please note: This PME amendment does not signify the commencement of any procurement process and does not constitute any commitment by the Department for Education (DfE). If DfE decides to commence any procurement process subject to the Procurement Act 2023 as contemplated by this notice, a separate notice(s) will be published at the relevant time. This Notice has also been appended to Find a Grant. The Purpose A Preliminary Market Engagement event has been undertaken to refine DfE’s requirements and better understand the capacity and capability of potential partners to deliver a Social Investment Vehicle (SIV) to facilitate the entry of new providers into the children’s social care placements market, particularly to increase the number of foster care placements. We refer to any future potential partner as a "Social Investment Facilitator" (SIF). The Department’s initial thinking was that the purpose of the SIV would be to blend public and social finance to enable capital investment in new or re-entering regulated providers. We are sending this clarification document to ensure that the market is clear that the Department is interested in exploring how a SIF could be used to su…
Official publications
- FTS · 066873-2025 · 20 October 2025
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