Tender

Debt Demand Research

MONEY AND PENSIONS SERVICE

This public procurement record has 1 release in its history.

Tender

25 Jan 2023 at 12:43

Tender Notice
Summary of the contracting process

The Money and Pensions Service (MaPS) is seeking an agency to develop a new forecasting approach for debt advice demand. The procurement involves research services in the macro-economic context, financial distress, triggers for advice seeking, and actual demand for debt advice. The contract value is £100,000 GBP, with a minimum value of £60,000 GBP. The tender deadline is February 14, 2023, and the contract period starts on February 20, 2023, and ends on August 19, 2023.

This tender by MaPS creates opportunities for business growth for agencies experienced in economic modelling and forecasting. Businesses suited to compete should have expertise in research services and be able to provide innovative solutions for forecasting debt advice demand. SMEs and VCSEs are encouraged to participate in this open procedure below threshold procurement, with the possibility to register interest and access further documents via the MaPS eProcurement Portal.

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Notice Information

Notice Title

Debt Demand Research

Notice Description

The Money and Pensions Service (MaPS) is seeking an experienced agency familiar with appropriate economic modelling and forecasting to develop a new forecasting approach for need and demand for debt advice. The expectation is that the model will follow a structure along the following broad lines: A) Macro-economic > B) Financial distress > C) Triggers for advice > D) Actual Demand for Debt Advice These four areas would cover/include: - Macro-economic context: inflation, unemployment, GDP, consumer confidence, interest rates etc. - Financial distress: credit volume, credit cost & credit quality / arrears, akin to "Need for Debt Advice". - External Indicators and triggers of advice seeking: Google searches for "debt advice", CCJs, etc. - Demand for Debt Advice. Additional information: To access this Opportunity, please visit the MaPS eProcurement Portal and register as a Supplier, if you are not already registered. You will then be able to see the Opportunity notice, which will allow you to register your interest and view the associated documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38d3f0f0-9338-487e-acce-b597a41253ff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2bd05d66-3953-4911-8bff-c867f5a7ccb9
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

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

Notice Dates

Publication Date
25 Jan 20233 years ago
Submission Deadline
14 Feb 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
20 Feb 2023 - 19 Aug 2023 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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

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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