Planning

CYP Improving Financial Wellbeing Teacher & Practitioner Training Open Grant Call Soft Market Test

MONEY AND PENSIONS SERVICE

This public procurement record has 2 releases in its history.

Planning

16 Aug 2022 at 09:23

Planning

15 Aug 2022 at 16:34

Summary of the contracting process

The Money and Pensions Service (MaPS) is planning a public procurement contracting process titled "CYP Improving Financial Wellbeing Teacher & Practitioner Training Open Grant Call Soft Market Test" in the financial market regulatory services industry. The procurement stage is currently in the planning phase. The key milestone is the engagement end date on 30th August 2022. The organisation is seeking proposals to test ways to improve practitioners' knowledge, confidence, and skills in delivering financial education provision for children and young people in vulnerable circumstances.

This tender from the Money and Pensions Service aims to create opportunities for businesses, especially those involved in research, development consultancy, primary education services, secondary education services, higher education services, and training services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate in this market engagement exercise to contribute valuable insights and potentially shape future financial education policies and strategies in the UK.

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Notice Title

CYP Improving Financial Wellbeing Teacher & Practitioner Training Open Grant Call Soft Market Test

Notice Description

The Money and Pensions Service (MaPS) has a statutory duty to develop & co-ordinate a national strategy to improve the provision of financial education to children and young people (CYP). Published in January 2020, the UK Strategy for Financial Wellbeing set a goal of 2 million more CYP to receive a meaningful financial education by 2030. The Delivery Plans for England, Scotland, Wales and Northern Ireland set out the action needed to deliver that goal, including testing how to expand provision of teacher training, supporting practitioners working with CYP in vulnerable circumstances to embed financial wellbeing into the services they provide, and supporting more parents and carers to talk to and teach their children about money. Through this funding stream, we will enable organisations to test ways to improve practitioners' knowledge, confidence and skills when delivering financial education provision in educational settings, and in other services and settings supporting children and young people in vulnerable circumstances. There is also scope within this funding stream to scale up existing delivery of financial education to children and young people in vulnerable circumstances. Proposals will be considered for projects that: * Develop and test approaches to scaling and embedding training & support for practitioners in educational settings in England, Scotland and Northern Ireland - with a particular interest in reaching schools in areas of greater economic disadvantage; * Develop and test approaches to improving financial education for children & young people in vulnerable circumstances (VCYP), e.g. social workers, support workers, personal advisers and service leaders. MaPS are interested in seeking insight from & partnering with those already working to deliver outcomes in this space, but are also interested in supporting practitioners working with VCYP who wish to embed financial wellbeing into the services they provide who could contribute to this exercise. The evidence generated through this programme will be used by MaPS to inform and shape policy, strategy and funding led by MaPS and others who are shaping (or who have the potential to shape) financial education provision. The attached document and questionnaire includes further details, if you feel that your organisation is able to contribute to this exercise, please complete the questionnaire and return, via email to sophie.okusanya@maps.org.uk by 10am on Tuesday 30th August 2022. A virtual Early Market Engagement (EME) event will be held for this project on Thursday 8th September 2022. Please register interest to obtain joining instructions by emailing sophie.okusanya@maps.org.uk. Additional information: NOTE: This market testing exercise is not an invitation to tender or a request for formal expressions of interest. This document does not form any part of an invitation to tender. MaPs is issuing this request for information only. Any supplier invited to present to MaPs is doing so to support market research only and to help make any potential procurement process more focused and efficient. No supplier selection or supplier preference is implied.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2173cdef-d3e7-4f69-8abc-2fc9169a4632
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25750830-d917-4683-943d-4ab707a8faf8
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, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

80 - Education and training services


CPV Codes

66152000 - Financial market regulatory services

73110000 - Research services

73200000 - Research and development consultancy services

80100000 - Primary education services

80200000 - Secondary education services

80300000 - Higher education services

80500000 - Training services

Notice Value(s)

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

Notice Dates

Publication Date
16 Aug 20223 years ago
Submission Deadline
Not specified
Future Notice Date
30 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

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

Notice Documents

Notice URLs

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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