Award

Award of National Debt Advice Services Contracts (Lot 1)

MONEY AND PENSIONS SERVICE

This public procurement record has 4 releases in its history.

Award

04 Jan 2023 at 16:34

Tender

16 Jul 2021 at 12:48

Planning

07 May 2021 at 09:46

Planning

27 Apr 2021 at 13:14

Summary of the contracting process

The Money and Pensions Service has awarded contracts for National Debt Advice Services, with a total value of £37 million, to Money Advice Trust, Gregory Pennington Limited, and NATIONAL ASSOCIATION OF CITIZENS ADVICE BUREAUX(THE). The contract period will be from 1st February 2023 to 31st January 2026. The procurement method was an Open procedure (above threshold) with a tender deadline of 12th April 2022. This opportunity falls under the 'Other community, social and personal services' industry category and is located in England.

This tender presents growth opportunities for businesses providing debt advice services, especially those with FCA authorisation. Small and medium-sized enterprises (SMEs) are well-suited to compete in this tender. The Money and Pensions Service, the buyer organisation, aims to increase access to debt advice services in England by investing in this procurement process. Businesses interested in this opportunity should ensure compliance with FCA authorisation requirements and be prepared for the contract duration of up to 5 years.

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Notice Title

Award of National Debt Advice Services Contracts (Lot 1)

Notice Description

Delivery of free to customer national regulated debt advice services that are available to anyone in England. The contract duration is three years with two optional extensions of 1 year each.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39468a25-3749-461d-ab01-ff4d82e0fceb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f211f37-5d42-4868-92a3-2a26b4ecf8e0
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98000000 - Other community, social and personal services

Notice Value(s)

Tender Value
£36,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£73,900,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jan 20233 years ago
Submission Deadline
12 Apr 2022Expired
Future Notice Date
13 May 2021Expired
Award Date
4 Nov 20223 years ago
Contract Period
1 Feb 2023 - 31 Jan 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
3
Supplier Names

GREGORY PENNINGTON LIMITED, PART OF THE FINANCIAL WELLNESS GROUP

MONEY ADVICE TRUST

NATIONAL ASSOCIATION OF CITIZENS ADVICE BUREAUX(THE

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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