Tender

Debt Recovery Services

GREENSQUARE GROUP E-TENDERING

This public procurement record has 3 releases in its history.

TenderAmendment

10 Nov 2017 at 12:13

Tender Notice
TenderAmendment

10 Nov 2017 at 12:12

Tender Notice
Tender

09 Nov 2017 at 13:26

Tender Notice
Summary of the contracting process

The GreenSquare Group e-Tendering is currently engaged in an open procurement process for Debt Recovery Services, aimed at managing the recovery of historic debts from former tenants. This contract, with a planned duration of two years and the possibility of a twelve-month extension, is classified under "Collection agency services" within the services category. The deadline for submitting tenders is set for 22nd November 2017, and the services are expected to commence on 19th January 2018, lasting until 18th January 2020. The procurement will take place in Wiltshire, UK, and is being conducted as an open procedure below the threshold.

This tender presents significant growth opportunities for businesses that specialise in debt recovery and collection agency services. Companies with experience in handling diverse debt portfolios and an understanding of the regulatory landscape will be well poised to compete. As GreenSquare seeks suppliers capable of acting effectively in recovering debts on a commission basis, those with proven expertise and robust operational capacity will likely find this procurement an attractive venture for expansion and partnership development.

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Notice Information

Notice Title

Debt Recovery Services

Notice Description

GreenSquare owns or manages over 12,000 properties and works in partnership with many statutory and regulatory agencies. Historically, debt recovery has been managed in-house from a team of two full time equivalent members of staff, with occasional use of an external debt collection company. GreenSquare wish to outsource the recovery of historic debts from former tenants (the 'Client') where GreenSquare's internal recovery processes have been exhausted, under a contract for services (the 'Contract') for two years with the potential to extend for a further period of up to twelve months (or part thereof) by mutual agreement. Under the Contract, GreenSquare shall be the Principal and the Supplier shall be acting in the capacity of an Agent. GreenSquare invites Tenders from potential Suppliers (the 'Tenderer') with the necessary skills, knowledge and resources to provide the Services in consideration for a commission of recovered debts at the rate tendered by the Supplier and accepted by GreenSquare. Additional information: Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0237e061-53c1-4044-8dd9-dd39bd8ef33b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c2f9312f-a4f2-404e-9fcc-f46198e82159
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79940000 - Collection agency services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Nov 20178 years ago
Submission Deadline
22 Nov 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
19 Jan 2018 - 18 Jan 2020 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GREENSQUARE GROUP E-TENDERING
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WILTSHIRE
Postcode
SN14 0GU
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK72 Wiltshire
Delivery Location
Not specified
Local Authority
Wiltshire
Electoral Ward
Chippenham Cepen Park & Hunters Moon
Westminster Constituency
Chippenham

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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