Award

Extension of Provision of CRA Services to Debt Management in DWP

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Award Notice
Summary of the contracting process

The procurement process for the "Extension of Provision of CRA Services to Debt Management in DWP" has been initiated by the Crown Commercial Service. This contract falls under the financial and insurance services industry category and is located in the British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The procurement method employed was an open procedure, and the contract was valued at £742,000. The contract period commenced on 1st May 2015 and concluded on 31st October 2015, with the award date recorded as 7th April 2015.

This tender presents significant opportunities for businesses looking to expand in the arena of credit reference services and debt management solutions. Given the nature of the service required, companies specialising in data analytics, credit scoring, and debt recovery strategies would be well-suited to compete for future contracts of this nature. The established supplier for this contract, Experian, exemplifies a strong contender in this sector, highlighting the potential for both large-scale and specialised firms to engage in similar procurement activities moving forward.

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Notice Information

Notice Title

Extension of Provision of CRA Services to Debt Management in DWP

Notice Description

The purpose of the contract extension is to provide Credit Reference Agency data (Customer Scoring and Segmentation) on our debtors which informs the subsequent Debt Recovery Strategy for the individual. The contract assists DM with Tracing, communicating and negotiating recoveries with our debtors.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-51c3b3c6-adc8-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b07000f3-e0ba-4d3d-9676-de16fe07bb13
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£742,000 £500K-£1M
Lots Value
Not specified
Awards Value
£742,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
31 Mar 2015Expired
Future Notice Date
Not specified
Award Date
6 Apr 201510 years ago
Contract Period
30 Apr 2015 - 31 Oct 2015 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CROWN COMMERCIAL 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
NEWPORT
Postcode
NP10 8QQ
Post Town
Newport
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL54 Monmouthshire and Newport
Delivery Location
Not specified
Local Authority
Newport
Electoral Ward
Tredegar Park and Marshfield
Westminster Constituency
Newport West and Islwyn

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

Further Information

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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