Own Art Scheme Credit Provider Contract

Concepts

• finance and insurance
• creative united
• provision of consumer credit services
• own art scheme
• purchase of contemporary fine art
• delivery of the scheme
• provision of the scheme
• financial support of their respective arts councils
• own art scheme credit provider contract
• contemporary art

Location

United Kingdom:

Description

Provision of consumer credit services for the purchase of contemporary fine art and craft.

Total Quantity or Scope

A tender opportunity is offered by Creative Sector Services CIC (trading as Creative United) for the provision of consumer credit services for the Own Art Scheme commencing 1 July 2022 for a period of 24 months, with provision for Creative United to extend the contract for three further periods of 12 months (subject to performance review in accordance with the terms and conditions of contract). The Own Art Scheme is a publicly funded initiative designed to make buying contemporary art and craft more accessible by providing interest free loans for the purchase of works of art by living artists. The public funding invested by Creative United in the delivery of the Scheme primarily focuses on stimulating and diversifying market demand for contemporary art and craft, with a particular focus on supporting first time buyers and those on lower incomes. The Scheme is open to all qualifying UK residents over the age of 18 (subject to status) and made available via a network of approved galleries, museums and other organisations in England, Scotland and Northern Ireland. The awarded contract would cover the provision of the Scheme through the network of retailers in England, Scotland and Northern Ireland. The opportunity may also exist for the Scheme to be extended to include a network of retailers in Wales subject to the agreement and financial support of their respective Arts Councils or other funders.

Renewal Options

It is anticipated (but not guaranteed) that a new service contract will be procured following the expiry of the contract commencing 1 July 2022.

CPV Codes

• 66000000 - Financial and insurance services

Indicators

• Variant bids may be considered.
• This is a recurring contract.
• Options are available.
• Renewals are available.

Other Information

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