# Social Impact Bond - Turning the Tide 2016

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [North Somerset Council](/buyers/north-somerset-council/contract-awards)
- Contract winner: Core Assets Group
- Award value: £33,250,000
- Tender value: £3,325,000
- Award date: 19 December 2016
- Published: 31 January 2017
- Contract start: 4 January 2017
- Contract end: 3 January 2024
- Stage: awarded
- Procurement category: services
- Notice ID: cc27ee32-cbce-439f-b096-486f59f3cca4-127895
- OCID: ocds-b5fd17-95074320-9657-40a0-84e9-351b8547e693

## Description

North Somerset Council's Turning the Tide Social Impact Bond \(SIB\) aims to reduce the need for children to be looked after by commissioning a service that works with families to help children safely stay at home and by keeping placements in care short through reuniting children with their families as soon as possible The service will focus on improving family functioning and resilience to improve outcomes for an estimated 240 children over an initial five year period with an opportunity to extend the contract to seven years\. We have explored family preservation models but would be interested in any approaches that would deliver the outcomes\. Families to be worked with will fall into two specific cohorts as follows: Cohort 1 - Families with a child aged 10 - 17 currently looked after under s\.20 of the Children's Act \(1989\) and with a plan to return home\. Cohort 2 - Families with a child aged 10 - 17 on the edge of care and at imminent risk of becoming looked after on a voluntary basis\. Using a payment by results model, service provider/s will receive payments linked to key primary outcomes such as: - the child being reunited with the family and returning to the family home \(cohort 1\) - Improved measured family functioning and child well-being - the child remains home with their family \(cohort 2\) - Improved measured family functioning and children well-being

## Related contract awards

- [Provision of First Aid Training](/contracts/ocds-b5fd17-728faf77-1ee5-4b73-ad84-e71028578891): North Somerset Council
- [Voyage Learning Campus Pupil Referral Unit Design & Build Stage 1](/contracts/ocds-b5fd17-7ab9b904-f207-44b9-81ac-ac1c6d009fd4): North Somerset Council
- [G-Cloud 14, Call off Contract](/contracts/ocds-b5fd17-ab44108a-10fb-4565-98f9-b61a8d94f7a3): North Somerset Council
- [BFCCB/1395 - Social Work Services](/contracts/ocds-b5fd17-9e165165-e5b1-49cf-bae0-1f00060ac45b): MINISTRY OF DEFENCE
- [Provision of Social Work Services for British Forces South Atlantic Islands](/contracts/ocds-b5fd17-ed15017a-ce90-4450-96f9-687d1fde0bcd): Ministry of Defence, C&C, C&C
- [Provision of Social Work Services for British Forces South Atlantic Islands](/contracts/ocds-b5fd17-adff84a4-2327-4cbe-909a-579a0b4b3691): Ministry of Defence, C&C, C&C

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/cc27ee32-cbce-439f-b096-486f59f3cca4-127895)