Tender

London South East Collages (LSEC): PIN/Pre-Market Engagement for Debt recovery Services.

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Tender

25 Sep 2024 at 15:43

Tender Notice
Summary of the contracting process

London South East Colleges (LSEC) has initiated a PIN/Pre-Market Engagement for debt recovery services, specifically seeking FCA-authorised debt collection agencies to provide managed collection services. This active procurement process, managed by BIP Solutions Limited, falls under the financial consultancy services category (CPV 66171000) and is targeted at the London region in the United Kingdom. Interested bidders can engage during the tender period ending on 11th October 2024, with the contract set to commence on 25th January 2025 and conclude on 24th January 2029. The tender involves a not-disclosed procurement method and welcomes participation from small and medium-sized enterprises (SMEs).

This tender presents a growth opportunity for businesses in the financial consultancy sector, particularly those specialising in debt recovery services. Companies that are FCA-authorised and skilled in providing desk-based collection services stand to benefit significantly. The procurement process remains open to participation from SMEs, making it an excellent avenue for smaller businesses to bid and secure a long-term contract with a prominent educational institution. Engaging in this tender could help businesses expand their client base, enhance their service portfolio, and solidify their market presence within the financial services industry.

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Notice Information

Notice Title

London South East Collages (LSEC): PIN/Pre-Market Engagement for Debt recovery Services.

Notice Description

This PIN/ Pre-market agreement is to Invite the interested bidders for the provision of Managed Collection Services. The debt collection agencies (DCAs) who are FCA authorised and regulated. The DCA will offer desk-based collection services, contacting the debtors directly to arrange repayment of outstanding debts.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7d14fe32-cc59-4bfb-88d9-ac1a3603a144
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/241af94c-82af-41fb-85ab-edd0257e3fbb
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Not Disclosed
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
10 Oct 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
25 Jan 2025 - 24 Jan 2029 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ORPINGTON
Postcode
BR6 0TE
Post Town
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLI London
Local Authority
Bromley
Electoral Ward
Orpington
Westminster Constituency
Orpington

Further Information

Notice Documents

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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