Award

Companies and Individuals Credit Reference Agency Data

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

28 Jan 2025 at 08:56

Summary of the contracting process

H M Revenue & Customs (HMRC) has awarded a contract for "Companies and Individuals Credit Reference Agency Data" under the financial and insurance services category. The awarded contract, valued at £4,600,000, is aimed at acquiring credit reference data to enhance the understanding of customer circumstances, facilitating an informed debt collection process. The procurement method used was a selective process through a call-off from a framework agreement. The contract period starts on 23rd January 2025 and ends on 22nd January 2029. The procurement stage is the award stage, with the award being active since 6th December 2024. The procurement was conducted within the United Kingdom.

This tender represents a significant growth opportunity for businesses specialising in financial data and credit reference services. The substantial contract value and long-term duration imply consistent revenue streams for the supplier. Companies similar in stature to Equifax Limited, which has been awarded this contract, and those capable of providing comprehensive and accurate credit data would be well-suited to compete for such opportunities. Large enterprises with established frameworks in financial and insurance services stand to benefit significantly from this type of engagement with government agencies like HMRC.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Companies and Individuals Credit Reference Agency Data

Notice Description

The requirement for credit reference data to enhance understanding of customer circumstances to aid and inform the debt collection process.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5d79f25b-670f-434f-8716-f8f228263379
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c37ad6b9-d67e-472e-a2bd-36eb05659862
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
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
£4,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,600,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20251 years ago
Submission Deadline
31 Oct 2024Expired
Future Notice Date
Not specified
Award Date
6 Dec 20241 years ago
Contract Period
23 Jan 2025 - 22 Jan 2029 4-5 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
H M REVENUE & CUSTOMS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M3 5BS
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Blackfriars & Trinity
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

EQUIFAX

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-5d79f25b-670f-434f-8716-f8f228263379-2025-01-28T08:56:26Z",
    "date": "2025-01-28T08:56:26Z",
    "ocid": "ocds-b5fd17-5d79f25b-670f-434f-8716-f8f228263379",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CW98419",
        "title": "Companies and Individuals Credit Reference Agency Data",
        "description": "The requirement for credit reference data to enhance understanding of customer circumstances to aid and inform the debt collection process.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 1900000,
            "currency": "GBP"
        },
        "value": {
            "amount": 4600000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-10-31T13:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-01-23T00:00:00Z",
            "endDate": "2029-01-22T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-GOR-D25",
            "name": "H M REVENUE & CUSTOMS",
            "identifier": {
                "legalName": "H M REVENUE & CUSTOMS",
                "scheme": "GB-GOR",
                "id": "D25"
            },
            "address": {
                "streetAddress": "Trinity Bridge House, 2 Dearmans Place",
                "locality": "Salford",
                "postalCode": "M3 5BS",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Bhavina Patel",
                "email": "bhavina.patel1@hmrc.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-2425920",
            "name": "Equifax Limited",
            "identifier": {
                "legalName": "Equifax Limited",
                "scheme": "GB-COH",
                "id": "2425920"
            },
            "address": {
                "streetAddress": "1 Angel Court London EC2R 7HJ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-GOR-D25",
        "name": "H M REVENUE & CUSTOMS"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-5d79f25b-670f-434f-8716-f8f228263379-1",
            "status": "active",
            "date": "2024-12-06T00:00:00Z",
            "datePublished": "2025-01-28T08:56:26Z",
            "value": {
                "amount": 4600000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-2425920",
                    "name": "Equifax Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-01-23T00:00:00Z",
                "endDate": "2029-01-22T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/c37ad6b9-d67e-472e-a2bd-36eb05659862",
                    "datePublished": "2025-01-28T08:56:26Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "contractSigned",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/b37d691b-c942-48f1-af4a-ee8696b6570c",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}