Quotations and tenders

For most requirements, Radian will go through a competitive quotation or tendering process. The details shown below, including thresholds, are determined by both our own Financial Regulations, and external guidelines and legislation governing Registered Providers of Housing. These details will change periodically.

Selected ACCL members may be invited to quote for works contracts below £25,000, although individual approved contractors can still choose to bid for higher-value contracts.

The number of suppliers shown are minimums. All contracts are subject to sign-off by Radian management at the designated level.

 

Goods and services

Value Route to market
£5,000 or less 1 verbal quotation, confirmed in writing
£5,000 to £10,000 2 invitations to quote, 1 submission
£10,000 to £50,000 3 invitations to quote, 3 submissions
£50,000 to £100,000 3 invitations to tender, 3 submissions
£100,000 and above 4 invitations to tender, 3 submissions
£181,302 and above EU Tender rules apply

 

Works

Value Route to market
£5,000 or less 1 verbal quotation, confirmed in writing
£5,000 to £10,000 2 invitations to quote, 1 submission
£10,000 to £100,000 3 invitations to quote, 3 submissions
£100,000 and above 4 invitations to tender, 3 submissions
£4,551,413 and above EU Tender rules apply

 

Information correct at September 2018

 

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