Award

HMPPS Financial Stability Checks

MINISTRY OF JUSTICE

This public procurement record has 1 release in its history.

Award

27 Jun 2025 at 15:45

Summary of the contracting process

The procurement process for the "HMPPS Financial Stability Checks" was facilitated by the Ministry of Justice, focused on financial and insurance services. This contract involves performing financial stability checks to aid His Majesty's Prison and Probation Service's vetting processes. The Ministry of Justice serves as the buying organisation for this selective procurement, which was a call-off from a framework agreement. The procurement stage has advanced to the award phase, with an active contract awarded to Experian Limited. The tender, with a monetary value of £120,000, covers service delivery across locations including the United Kingdom and several territories worldwide. The contract commenced on 1st June 2025 and is set to conclude on 31st May 2028.

This tender offers significant opportunities for businesses within the financial and insurance services sector, particularly those with the capacity to execute comprehensive vetting processes efficiently. Although the specific method employed was a selective procurement from a framework agreement, this contracting process highlights the potential for substantial engagement with large-scale firms capable of delivering specialised services. Businesses that operate on a similar scale as Experian Limited and possess robust financial vetting expertise are well-positioned to seek opportunities similar to this, aiding in business growth and expansion into government-related service provisions.

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Notice Title

HMPPS Financial Stability Checks

Notice Description

Financial stability checks to facilitate His Majesty Prison and Probation Service Vetting processes.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-182a9313-08a0-4d80-8fef-4d62c69d20f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c82e1747-bbf0-4f6e-8df0-2a96b91117ce
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jun 20258 months ago
Submission Deadline
5 Mar 2025Expired
Future Notice Date
Not specified
Award Date
29 May 20258 months ago
Contract Period
31 May 2025 - 31 May 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF JUSTICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4AP
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

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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