Award

Financial Stability Checks for HMPPS Operational Staff

MINISTRY OF JUSTICE

This public procurement record has 2 releases in its history.

AwardUpdate

27 May 2022 at 09:29

Award

17 May 2022 at 18:32

Summary of the contracting process

The tender titled "Financial Stability Checks for HMPPS Operational Staff," initiated by the Ministry of Justice, aims to procure services for conducting financial stability assessments for frontline operational staff within HM Prisons and Probation Services. This procurement falls under the goods category with a value of £49,800 and is classified under CPV codes for financial analysis software and financial information systems. The procurement method used is selective, specifically a call-off from a framework agreement, with the tender period having ended on 11 March 2022. The contract period is set from 31 March 2022 to 30 March 2023, and services are to be delivered to locations that include the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for businesses that provide financial analysis software and related services. Companies specialising in financial stability assessments, software development for financial systems, or those offering legal compliance and risk management solutions will be well-suited to compete. The successful bidder will be one of the suppliers who can navigate the complexities of public sector contracts while ensuring compliance with security measures vital for organisations like HMPPS, ultimately positioning themselves for further engagements within the public sector.

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Notice Title

Financial Stability Checks for HMPPS Operational Staff

Notice Description

Financial stability checks for front line operational staff including prison officers and operational support grades of HM Prisons and Probation Services. The service will allow HMPPS Personnel Security Countermeasures unit to establish the financial stability of applicants and existing cohort to enable the mitigation against the possibility of staff being susceptible to bribery and corruption whilst in post.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1b66c54a-f46b-4c6b-8968-3f441e3b6781
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1322c68d-8f5e-4141-a002-71efca379850
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
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

48 - Software package and information systems


CPV Codes

48441000 - Financial analysis software package

48812000 - Financial information systems

Notice Value(s)

Tender Value
£49,800 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20223 years ago
Submission Deadline
11 Mar 2022Expired
Future Notice Date
Not specified
Award Date
29 Mar 20223 years ago
Contract Period
30 Mar 2022 - 30 Mar 2023 6-12 months
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
CANARY WHARF, LONDON
Postcode
E14 4QQ
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
2
Supplier Names

EQUIFAX

QUALCO

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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