Award

Award of Business Debt Advice Services Contract (Lot 3)

MONEY AND PENSIONS SERVICE

This public procurement record has 1 release in its history.

Award

04 Jan 2023 at 16:35

Award Notice
Summary of the contracting process

The Money and Pensions Service has awarded a contract for Business Debt Advice Services with a total value of £9,000,000. The contract, classified under Other community, social and personal services, will last for three years with optional extensions. The procurement process was an open procedure, and the tender period ended on April 14, 2022. The contract is scheduled to start on February 1, 2023, and end on January 31, 2026, with the delivery addresses within England. The award was made to Money Advice Trust on November 4, 2022.

This tender for Business Debt Advice Services creates opportunities for businesses in the services sector, specifically those providing debt advice services for self-employed individuals. Small and medium-sized enterprises (SMEs) would be well-suited to compete for this contract. The Money and Pensions Service serves as the buying organisation, aiming to support individuals facing debt-related issues in the United Kingdom through this procurement process. The contract award date is January 4, 2023, and interested businesses can access further details on the Money and Pensions Service's website.

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.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Award of Business Debt Advice Services Contract (Lot 3)

Notice Description

The delivery of a free to customer regulated business debt advice service that will support problems with debts for which the individual is personally liable (regardless of the nature/purpose of these debts), to those who derive income from self-employment. The contract duration is three years with two optional extensions of 1 year each.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-604426f7-ce31-4ee2-8f9f-3d68419954a8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cc13de1-599a-49a2-817e-a07fae97aefc
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 (above threshold)
Tender Suitability
SME
Awardee Scale
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
£9,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£9,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jan 20233 years ago
Submission Deadline
14 Apr 2022Expired
Future Notice Date
Not specified
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

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
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
1
Supplier Name

MONEY ADVICE TRUST

Further Information

Notice Documents

Notice URLs

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-b5fd17-604426f7-ce31-4ee2-8f9f-3d68419954a8-2023-01-04T16:35:56Z",
    "date": "2023-01-04T16:35:56Z",
    "ocid": "ocds-b5fd17-604426f7-ce31-4ee2-8f9f-3d68419954a8",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "21-39-3",
        "title": "Award of Business Debt Advice Services Contract (Lot 3)",
        "description": "The delivery of a free to customer regulated business debt advice service that will support problems with debts for which the individual is personally liable (regardless of the nature/purpose of these debts), to those who derive income from self-employment. The contract duration is three years with two optional extensions of 1 year each.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "98000000",
            "description": "Other community, social and personal services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 9000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2022-04-14T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-02-01T00:00:00Z",
            "endDate": "2026-01-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/naZq3B5Q",
            "name": "Money and Pensions Service",
            "identifier": {
                "legalName": "Money and Pensions Service",
                "scheme": "GB-SRS",
                "id": "supplierregistration.cabinetoffice.gov.uk/naZq3B5Q"
            },
            "address": {
                "streetAddress": "120 Holborn",
                "locality": "LONDON",
                "postalCode": "EC1N2TD",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "commercial@maps.org.uk"
            },
            "details": {
                "url": "https://maps.org.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-231625",
            "name": "Money Advice Trust",
            "identifier": {
                "legalName": "Money Advice Trust"
            },
            "address": {
                "streetAddress": "21 Garlick Hill, London, Greater London, EC4V 2AU, UNITED KINGDOM"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/naZq3B5Q",
        "name": "Money and Pensions Service"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-604426f7-ce31-4ee2-8f9f-3d68419954a8-1",
            "status": "active",
            "date": "2022-11-04T00:00:00Z",
            "datePublished": "2023-01-04T16:35:55Z",
            "value": {
                "amount": 9000000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-231625",
                    "name": "Money Advice Trust"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-02-01T00:00:00Z",
                "endDate": "2026-01-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/1cc13de1-599a-49a2-817e-a07fae97aefc",
                    "datePublished": "2023-01-04T16:35:55Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "contractSigned",
                    "description": "Redacted Contract - MAT, Lot 3 Business Debt",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/7f8f5c61-04d5-4b3e-b9d9-8ae5af41f879",
                    "format": "application/zip"
                }
            ]
        }
    ]
}