Award

Covid Loan Book Credit Scoring

DEPARTMENT FOR CULTURE, MEDIA AND SPORT

This public procurement record has 1 release in its history.

Award

07 Oct 2024 at 13:19

Summary of the contracting process

The Department for Culture, Media and Sport (DCMS) has completed a public procurement process titled "Covid Loan Book Credit Scoring," within the Business services sector, encompassing law, marketing, consulting, recruitment, printing, and security. Located in London, with a postal code of SW1A 2BQ, the procurement process reached the award stage on 26th September 2024. The tender period ended on 12th July 2024, and the contract, valued at £19,780, runs from 11th September 2024 to 31st March 2025. This selective procurement was conducted through a call-off from a framework agreement, specifically favouring SMEs and VCSEs for suitability.

This tender offers significant opportunities for businesses involved in credit scoring services and business consultancy. It is particularly advantageous for SMEs and VCSEs, providing them with a chance to partner with a major government department. Companies specialising in financial services, data handling, and consultancy would find this contract especially beneficial for their growth. The awarded supplier for this contract is Experian Limited, indicating a high competitive standard and the opportunity for growth through participation in governmental contracts.

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Notice Title

Covid Loan Book Credit Scoring

Notice Description

The Department for Culture, Media and Sport (DCMS) requires a supplier to provide credit scoring services for loan book support.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2aa38f21-ca7f-4b62-838b-1cff636ba660
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5072f4c8-8d1e-4be2-8b99-e42ae4d4f7bc
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
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£19,780 Under £100K
Lots Value
Not specified
Awards Value
£19,780 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Oct 20241 years ago
Submission Deadline
12 Jul 2024Expired
Future Notice Date
Not specified
Award Date
25 Sep 20241 years ago
Contract Period
10 Sep 2024 - 31 Mar 2025 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
DEPARTMENT FOR CULTURE, MEDIA AND SPORT
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 2BQ
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

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

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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