Award

IBCA Provision of Financial Support to Persons Claiming

CABINET OFFICE

This public procurement record has 2 releases in its history.

AwardUpdate

02 Jul 2025 at 09:05

Award

01 Jul 2025 at 17:44

Summary of the contracting process

The Cabinet Office, located in London, has awarded a selective procurement contract through Bloom Procurement Services Ltd for the title "IBCA Provision of Financial Support to Persons Claiming". The project focuses on the financial and insurance services industry, targeting the provision of guidance to claimants of the Infected Blood Compensation Authority. This initiative is expected to cover up to 1,000 individuals, delivering a lasting impact by enhancing their capacity to manage financial resources effectively. The contract, valued at £500,000, commenced on 2nd June 2025 and will run until 30th March 2026, with the award status being marked as active as of 1st July 2025. This was a call-off from a framework agreement, with the procurement stage having already reached completion.

This contract presents distinct business growth opportunities, especially for enterprises proficient in providing financial advisory services. Companies that can tailor financial guidance to diverse clients, particularly small and medium-sized enterprises (SMEs), may find this tender advantageous. Potential suppliers should be adept at conducting financial consultations and possess the capability to engage with substantial client numbers in specified regions, such as Newcastle upon Tyne. This strategic initiative not only allows suppliers to expand their service reach but also enhances their profile in government procurement frameworks.

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Notice Title

IBCA Provision of Financial Support to Persons Claiming

Notice Description

Edale UK Management Limited (Edale) have been appointed by Bloom Procurement Services Limited on behalf of Cabinet Office (CO) on behalf Infected Blood Compensation Authority ('IBCA') to provide up to 1,000 people making claims for compensation ('Persons Claiming') with guidance on the safe management of their money through a tailored introductory session with a financial advisor. Notwithstanding this, Edale acknowledges that it will only be required to provide its services to such number of persons actually allocated to it through the 'Process For Allocation of Work Pursuant to the MiniCompetition' described below, from time to time.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3d855e51-c2f5-449b-a02b-8283c11a3b88
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e2935e71-b496-4b98-9db7-4528c53d1ad0
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
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20257 months ago
Submission Deadline
16 May 2025Expired
Future Notice Date
Not specified
Award Date
1 Jun 20258 months ago
Contract Period
1 Jun 2025 - 30 Mar 2026 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
CABINET OFFICE
Contact Name
Not specified
Contact Email
professionalservices@cabinetoffice.gov.uk
Contact Phone
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOM PROCUREMENT SERVICES

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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