Youth Engagement Fund Awarded to Unlocking Potential Merseyside Ltd
DEPARTMENT FOR WORK AND PENSIONS · Awarded contract
AwardedYouth Engagement Fund Awarded to Unlocking Potential Merseyside Ltd
Awarded 29 Mar 2015
Awarded29 Mar 2015
Value£5,316,900.00
RegionNorth West
CategoryPublic Services & Welfare
Ended 8y 7mo ago3y term
Awarded 29 Mar 2015Expired 29 Mar 2018
About
The Department for Work and Pensions awarded a contract to Unlocking Potential Merseyside Ltd for the Youth Engagement Fund, a £16m initiative over three years using social impact bonds to tackle youth unemployment and homelessness.
The fund supports disadvantaged young people aged 14-17 in England, excluding Round 2 Innovation Fund areas, by funding preventative interventions that improve education and employment outcomes.
The contract value is AUD 5,316,900.
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Other similar contracts12
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$3,450,310
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Youth Engagement Fund Awarded to Unlocking Potential Merseyside Ltd
Won by Unlocking Potential Merseyside Ltd · DEPARTMENT FOR WORK AND PENSIONS
£5.3Mawarded
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
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Est. value£1.2M – £1.8M
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