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Insurance-Based Tenancy Deposit Protection Scheme

Department for Levelling Up, Housing and Communities

This public procurement record has 1 release in its history.

Award

10 Aug 2018 at 16:08

Award Notice
Summary of the contracting process

The Ministry of Housing, Communities & Local Government has successfully completed a tender for an Insurance-Based Tenancy Deposit Protection Scheme. The procurement is classified under the Banking and Investment Services industry and covers various delivery locations, including the United Kingdom and British Overseas Territories. The contract, which commenced on 1st April 2013 and concluded on 31st March 2020, was executed as an open procedure with no financial cost to the department, reflecting its status as a concession agreement. The contract was awarded on 18th September 2012 and involved multiple suppliers, including Computashare and Tenancy Deposits Solutions Limited.

This tender presents valuable opportunities for businesses, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), to engage in the realm of tenancy deposit services. With the increasing emphasis on compliant and effective housing management services, businesses offering innovative deposit protection solutions and administrative housing services can strategically position themselves to cater to the evolving demands of the housing sector.

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Notice Information

Notice Title

Insurance-Based Tenancy Deposit Protection Scheme

Notice Description

This contract is for the provision of an insurance-based Tenancy Deposit Protection (TDP) Scheme. The Contractor provides a Scheme or Schemes that fulfils all the key elements of an insurance-based TDP scheme as defined by the Act. Additional information: This is a concession agreement which has a zero cost to the Department.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7814b5c2-92bd-4d6a-90e7-a7ce39dfa98b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79bb1830-f233-43fb-be64-71e6b716a6d9
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services

CPV Codes

66100000 - Banking and investment services

75123000 - Administrative housing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Aug 20188 years ago
Submission Deadline
11 Jul 2012Expired
Future Notice Date
Not specified
Award Date
18 Sep 201213 years ago
Contract Period
1 Apr 2013 - 31 Mar 2020 Over 5 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
Department for Levelling Up, Housing and Communities
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
SW1P 4DF
Postcode Area
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
2
Supplier Names

Computershare Investor Services PLC

The Dispute Service Limited

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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