Open
Junior ISA scheme and Child Trust Funds for children in care and care leavers.
Descriptions
The DfE will be inviting tenders for a contractor to manage the Junior ISA (JISA) scheme, and Child Trust Funds (CTFs) for children in care (CiC) and care leavers. The JISA scheme has existed since 2011, when the Coalition Government ceased funding CTFs for all children, but established a new scheme funded and organised by the DfE, to provide children who had been looked after for 12 months with a JISA, through an initial contribution from the Government of £200. The appointed contractor will ensure eligible children and young people receive the payments due to them through this scheme: by acquiring the necessary data from LAs, opening JISAs for those children, making payments into these JISAs, and providing information about the JISAs opened and payments made to LAs, CiC and their carers. The appointed contractor will be managing the existing 25,800 JISAs; and also responsible for administering 13,700 CTFs of looked after children. The contract may be extended for a maximum of 2 further 1 year terms.
Timeline
Published Date :
Deadline :
Contract Start :
Contract End :
Tender Regions
CPV Codes
85300000 - Social work and related services
Keywords
Workflows
Status :
Assign to :
Tender Progress :
Details
Notice Type :
Tender Identifier :
TenderBase ID :
Low Value :
High Value :
Region :
Attachments :
Buyer Information
Address :
Website :
Procurement Contact
Name :
Designation :
Phone :
Email :
Possible Competitors
1 Possible Competitors
