Planning

Provision of Financial Guidance Service

CABINET OFFICE

This public procurement record has 1 release in its history.

Planning

07 Jul 2025 at 14:30

Market Engagement Notice
Summary of the contracting process

The Cabinet Office is currently in the planning stage of a procurement process for the Provision of Financial Guidance Service, under the industry category of Financial and Insurance Services. This initiative is designed to assist approximately 4,000 individuals in making informed decisions about managing awarded funds and understanding safe money management practices. The procurement is at the planning milestone stage, with an engagement end date set for 21st July 2025. The services will be delivered in the United Kingdom, including all its regions. The process is in the preliminary phase, with the Cabinet Office exploring different procurement methods with a view to potentially using the CCS FFADS DPS Framework Agreement as the route to market. The actual procurement is intended to commence in Summer 2025, with contract awards expected by Autumn/Winter 2025.

This tender presents growth opportunities for businesses with expertise in providing tailored financial advice and guidance. Companies that have experience in supporting individuals' financial decision-making processes and are in compliance with all relevant regulatory standards, including authorisation by the Financial Conduct Authority, will find this contract particularly appealing. Additionally, businesses capable of delivering both remote and, by exception, face-to-face services in the UK and possessing advisors with a minimum of Level 4 to Level 6 diplomas in financial planning are best suited to compete for this tender. Small and medium enterprises are considered suitable to apply, enhancing opportunities for a diverse range of businesses to engage with the process.

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Notice Information

Notice Title

Provision of Financial Guidance Service

Notice Description

Description The purpose of this Prior Information Notice (PIN) is to notify all interested parties of the Government Departments' intention to undertake a procurement exercise for the delivery of a tailored financial guidance services to help individuals make informed decisions regarding the management of awarded funds. The service is intended for approximately up to 4,000 recipients. Main Services Required Supporting individuals to make an informed decision between lump sum or ongoing payments, taking into consideration their individual personal and financial circumstances. Support in addressing safe money management practices, including fraud prevention and the importance of making a will. Guidance on various matters, including options for managing funds. The service delivery of this guidance would be as follows: information gathering regarding the individual's circumstances, providing a tailored financial advice session based on the awarded funds and their financial circumstances and financial priorities, followed by the provision of a written report summarising the guidance provided to the individual. Key Participation Requirements Expertise in delivering financial advice to individuals, taking into account their financial circumstances and objectives. Evidence of compliance with regulatory standards, including valid financial adviser qualifications and safeguarding certifications. All firms providing this guidance should be registered and authorised by the Financial Conduct Authority. A minimum of 50% of the advisers providing this guidance should hold a Level 6 Advanced Diploma in Financial Planning, with a minimum requirement for advisers providing this advice being a Level 4 Diploma in Regulated Financial Planning. All qualifications held should be regulated, RDR compliant qualifications. Interested parties registered service offering available on the CCS FFADS DPS Framework Agreement. Supplier ability to provide services in the UK (for the avoidance of doubt, England, Ireland, Scotland and Wales) both remotely and by exception face to face. Proposed route to market We are currently exploring the potential routes to market with CCS DPS FFADS being one of the options we are keenly exploring. Response Interested parties who are able to meet the requirements are invited to respond to this engagement by emailing and confirming professionalservices@cabinetoffice.gov.uk. Suppliers should include confirmation of their interest and capability to meet the Key Participation Requirements detailed in this PIN Suppliers to provide any other relevant information they believe would be useful to the authority as part of our assessing our commercial approach. Suppliers are advised support may be available from CCS to assist interested parties in registering for the CCS DPS framework. Suppliers are required to confirm once they have registered on to the DPS via CCS FAADs. Additional information: The deadline to submit your response is 12:00 Noon, on 21st July 2025. All replies must clearly state both the supplier's interest, and the capability to offer the main services required and meet the key participation requirements. This PIN exercise does not constitute a form of agreement or assurance from the Cabinet Office regarding the development of the procurement process. Additional text Timeline and Next Steps The Authority intends to launch their procurement during Summer 2025 and award the Contract Autumn/Winter 2025. Terms and Conditions of the PIN This PIN does not formally signify the beginning of a procurement and does not constitute a commitment by the Cabinet Office to undertake any procurement exercise. This PIN is for information only and is not a call for competition. The Cabinet Office reserves the right not to enter a formal procurement process and not award contracts. Accordingly, the Cabinet Office will not be liable for any bid cost, expenditure, work or effort incurred by a provider in acting on the basis of this PIN. All information included in this PIN is indicative and subject to change.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1edd7e55-231f-4811-a4e1-5d065bfe0bec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a5013478-b89b-4cc1-b620-fefd0a5915f5
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Framework
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
7 Jul 202510 months ago
Submission Deadline
Not specified
Future Notice Date
21 Jul 2025Expired
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
CABINET OFFICE
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
SW1A 2AS
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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