Medium Value Framework update
The new Medium Value Framework will be set up in 2 value bands, and 6 lots with regional split, following market engagement.
The ITT will be evaluated on the basis of (70%) Quality and (30%) Commercial as follows (for each Lot):
Lot 1 – Cumbria, £2m – £5m
Lot 2 – Lancashire, £2m – £5m
Lot 3 – Greater Manchester, £2m – £5m
Lot 4 – Merseyside, £2m – £5m
Lot 5 – Cheshire, £2m – £5m
Lot 6 – North West, £5m – £10m
The 70% Quality proportion will be made up of sub-elements within which 20% of 70% will relate to Social Value.
RtP has been issued, returned and evaluated – results are now being checked and successful/ unsuccessful letters are due week beginning 21st January 2019.
ITT is due to be released March 2019.