Planning

Pensions Tools Data Feed

MONEY AND PENSIONS SERVICE

This public procurement record has 2 releases in its history.

Planning

06 Jul 2022 at 08:46

Planned Procurement Notice
Planning

05 Jul 2022 at 16:11

Planned Procurement Notice
Summary of the contracting process

The Money and Pensions Service is inviting suppliers to express interest in the "Pensions Tools Data Feed" project, part of its digital pensions guidance transformation strategy. Located in London, this tender is currently in the planning stage, with an engagement end date set for 5th August 2022. The aim is to enhance pension guidance tools that cater to diverse user needs through web-based applications, with the contract anticipated to begin towards the end of 2022 and last for three to four years. Suppliers interested in bidding are encouraged to indicate their interest via email by 22nd July 2022.

This tender presents significant growth opportunities for businesses involved in software development, particularly those specialising in user-friendly applications and data integration. Companies capable of offering innovative data feeds, APIs, or front-end user interfaces suitable for retirement planning could find a strategic advantage by participating. SMEs and tech firms focused on delivering engaging digital solutions could greatly benefit from this project by aligning their offerings with the Money and Pensions Service's vision for improved consumer engagement and educational tools.

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Notice Information

Notice Title

Pensions Tools Data Feed

Notice Description

Pension guidance tools data provision As part of its pensions guidance transformation strategy, the Money and Pension Service (MaPS) is looking to improve its digital pensions guidance offering by providing retirement planning journeys and tools that meet the needs of different groups of people. This will help consumers answer what do I need, what should I do now and to model their options. Given the complexity of people's pension holdings there is a need to provide a broad range of tools, that can be tailored to individuals' personal circumstances and their life situation. These tools need to be simple to use, engaging, and able to support both simple and complex decision making and retirement planning. This will range from providing rational tools that could help a consumer with one thing to more complex, customisable, interactive tools that allows for 'what-if' scenario planning. These will be web-based multi-channel tools and calculators covering all life-stages including pre, at, and in retirement. They will be accessible across a range of devices and designed to increase engagement and educate consumers. We also intend to develop tools that can be linked together as well as with the consumers profile so that data provided in one tool or from their profile can be pre-populated across the guidance journeys we provide. These tools will be developed and built on our consumer facing website, MoneyHelper. Our intention is to develop and maintain the front-end user interfaces and functionality but are looking for suppliers to provide the necessary data feeds via API's to support the provision of those tools and journeys. The front-end user interfaces will be built on our infrastructure (AEM) and utilise our API gateway. If suppliers have existing complementary front-end user interfaces that can be used in conjunction with the data feeds they provide, we may explore the potential use of these solutions, on an interim basis thereby providing benefit to consumers faster. This would be subject to MaPS reviewing those front-end user interfaces to ensure they are suitable to meet the aims and needs of our consumers. We intend for the contract for these services to begin towards the end of 2022 and be for an initial period of three to four years.MaPS therefore wishes to ascertain interest from the market prior to any potential tender process for the provision of these services. We ask that any suppliers who would be interested in bidding for this opportunity to please indicate this by replying to the contact email address by close of play Friday the 22nd of July. As part of your expressions of interest, please also indicate if you have potentially suitable front end user interfaces that could be used in conjunction with the date feeds. An attachment in the further details section of this notice contains an overview of the requirements

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-15759ade-6313-4efb-be02-6df7d1372908
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8f2403a1-908e-4222-a126-2adba61d8f93
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48100000 - Industry specific software package

Notice Value(s)

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

Notice Dates

Publication Date
6 Jul 20223 years ago
Submission Deadline
Not specified
Future Notice Date
5 Aug 2022Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MONEY AND PENSIONS SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC1N 2TD
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

Further Information

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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