Planning

Early Market Engagement - Increasing Debt Advice Capacity in England

MONEY AND PENSIONS SERVICE

This public procurement record has 8 releases in its history.

Planning

10 Jul 2020 at 08:58

Market Engagement Notice
Planning

06 Jul 2020 at 10:25

Market Engagement Notice
Planning

03 Jul 2020 at 12:55

Market Engagement Notice
Planning

03 Jul 2020 at 11:20

Market Engagement Notice
Planning

03 Jul 2020 at 11:15

Market Engagement Notice
Planning

02 Jul 2020 at 08:43

Market Engagement Notice
Planning

02 Jul 2020 at 08:16

Market Engagement Notice
Planning

02 Jul 2020 at 07:57

Market Engagement Notice
Summary of the contracting process

The Money and Pensions Service (MaPS), a public body sponsored by the Department for Work and Pensions, is leading an early market engagement to enhance debt advice capacity in England. The procurement is currently in the planning stage, with an engagement deadline set for 8th July 2020. This initiative addresses the growing demand for debt advice, aiming to provide support for an additional 2 million people by 2030, especially in light of increased financial pressures related to the ongoing impact of coronavirus. Relevant industry activities fall under the financial and insurance services category, specifically targeted at enhancing community and personal services within the sector.

This tender presents significant opportunities for businesses that provide debt advice services, particularly those capable of delivering free, high-quality support to clients. Eligible organisations should hold the necessary FCA authorisations, meet technical standards, and have the capability to offer remote services. The initial funding of £16 million for the 2020/21 period will be used for recruiting and training additional debt advisers, making this a prime competitive opportunity for existing providers and new entrants in the debt advice sector.

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

Early Market Engagement - Increasing Debt Advice Capacity in England

Notice Description

MaPS is an arm's-length body sponsored by the Department for Work and Pensions (DWP), and it has a joint commitment to provide access to the information and guidance people across the UK need, to make effective financial decisions over their lifetime. Increasing Debt Advice Capacity in England It is critical people have access to debt advice when they need it and the UK Strategy for Financial Wellbeing sets out a goal of 2 million more people receiving debt advice by 2030. As Coronavirus moves into the next phase we expect the demand for debt advice services to increase. To help combat this, in June MaPS secured an extra PS38 million to help providers deliver advice to more people in England who may be experiencing financial problems due to coronavirus. It will also help providers who have seen a fall in their income streams, enabling them to continue their vital work. The PS38m has been broken into a number of funding streams. Work has already been underway to allocate funding to maintain existing capacity within the sector and make sure providers can continue to offer services, and further pre-market engagement is planned on this strand with a webinar on 17 July. Creating new capacity We are delighted to announce the next tranche of this funding - an initial PS16 million in 2020/21 - will be aimed at increasing the capacity of high-quality, free-to-customer debt advice by recruiting and training additional debt advisors. We are inviting organisations that meet the eligibility criteria - including those not currently funded by MaPS-to participate in an early market engagement process which will be followed by a request for information. The engagement is vital to give us a wider picture of sector capacity and capability, including providers' ability to proceed quickly without compromising the quality of debt advice provided to customers. We will use this insight to inform the formal application process. Who is eligible? A set of criteria must be met for an organisation to be considered for funding for new advisers through this initiative. An organisation must: 1. Hold the relevant FCA authorisations to provide debt advice and be an existing debt advice service. 2. Provide free to customer debt advice (and customers supported by MaPS funding should not be entered into fee-charging solutions where a free to customer equivalent is available) 3. Hold a MaPS accredited quality standard or hold the relevant FCA authorisations for handling client money. 4. Meet the existing debt technical supervision requirements (refer to additional links below) Delivery expectations: * The positions created must be able to function remotely, so can either be home-workers or office based but with the potential to work from home * They must be able to demonstrate the ability to provide a national (England) telephone and digital debt advice service * Additional resource must be used to deliver advice through a combination of telephone and digital channels Additional information: Want to find out more? MaPS will be hosting a webinar for organisations wanting to know more about this funding stream and to outline the next steps in the process. The webinar will take place on Friday 3 July at 1pm - you can register your interest using the link provided. A link to the recording will be uploaded on Contracts Finder at a later date.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-81b65995-bf97-4294-a6e2-f9498eb19d0a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ec9acd58-c5b1-4748-aff9-507c8b8a6442
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

98 - Other community, social and personal services

CPV Codes

66000000 - Financial and insurance services

98000000 - Other community, social and personal 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 Jul 20205 years ago
Submission Deadline
Not specified
Future Notice Date
8 Jul 2020Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
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
Not specified
Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

Further Information

Notice Documents

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-b5fd17-81b65995-bf97-4294-a6e2-f9498eb19d0a-2020-07-10T09:58:52+01:00",
    "date": "2020-07-10T09:58:52+01:00",
    "ocid": "ocds-b5fd17-81b65995-bf97-4294-a6e2-f9498eb19d0a",
    "language": "en",
    "initiationType": "tender",
    "title": "Early Market Engagement - Increasing Debt Advice Capacity in England",
    "planning": {
        "milestones": [
            {
                "id": "1",
                "title": "Engagement end date",
                "type": "engagement",
                "dueDate": "2020-07-08T23:59:59+01:00"
            }
        ],
        "documents": [
            {
                "id": "1",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/ec9acd58-c5b1-4748-aff9-507c8b8a6442",
                "datePublished": "2020-07-02T08:57:41+01:00",
                "format": "text/html",
                "language": "en",
                "dateModified": "2020-07-10T09:58:52+01:00"
            },
            {
                "id": "2",
                "documentType": "eligibilityCriteria",
                "description": "Webinar and further information",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/47d77718-7ea9-484b-994b-3114c1501c90",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "3",
                "documentType": "marketStudies",
                "description": "Please use this link to register for the webinar being hosted Friday 3rd June at 1pm",
                "url": "https://attendee.gotowebinar.com/register/3758817246956398348"
            },
            {
                "id": "4",
                "documentType": "eligibilityCriteria",
                "description": "debt technical supervision requirements",
                "url": "https://www.maps.org.uk/wp-content/uploads/2020/07/20.21-GA-Technical-Supervisor-requirements.pdf"
            },
            {
                "id": "5",
                "documentType": "eligibilityCriteria",
                "description": "For further information visit the Money and Pensions Service website",
                "url": "https://moneyandpensionsservice.org.uk/"
            },
            {
                "id": "6",
                "documentType": "contractNotice",
                "description": "Please use this link to register for the webinar being hosted Friday 3rd July at 1pm",
                "url": "https://attendee.gotowebinar.com/register/3758817246956398348"
            },
            {
                "id": "7",
                "documentType": "marketStudies",
                "description": "Organisations are invited to complete the Increasing Capacity Survey kindly note the survey closes at midday on Wednesday 8th July. Please e-mail commercial@maps.org if you have any difficulties with completing the survey.",
                "url": "https://www.smartsurvey.co.uk/s/UWCU0K/"
            },
            {
                "id": "8",
                "documentType": "marketStudies",
                "description": "Please use this link to access the webinar recording.",
                "url": "https://register.gotowebinar.com/recording/4527376974328277005"
            },
            {
                "id": "9",
                "documentType": "marketStudies",
                "description": "Please use this link to register your organisations details onto the MaPS e-sourcing portal.",
                "url": "https://maps.app.jaggaer.com/web/login.html"
            },
            {
                "id": "10",
                "documentType": "marketStudies",
                "description": "Off line PDF copy of the Increasing Capacity Survey. kindly note the close off date to submit this document is midday Wednesday 8th July 2020 please e-mail commercial@maps.org if you have any further questions.",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/3b686fe8-b48b-45a4-8223-360d676801d1",
                "format": "application/pdf"
            },
            {
                "id": "11",
                "documentType": "marketStudies",
                "description": "Please use this link to view Questions and Answers",
                "url": "https://maps.org.uk/wp-content/uploads/2020/07/MAPS-Increasing-Debt-Capacity-FAQ.pdf"
            }
        ]
    },
    "tender": {
        "id": "20-85",
        "title": "Early Market Engagement - Increasing Debt Advice Capacity in England",
        "description": "MaPS is an arm's-length body sponsored by the Department for Work and Pensions (DWP), and it has a joint commitment to provide access to the information and guidance people across the UK need, to make effective financial decisions over their lifetime. Increasing Debt Advice Capacity in England It is critical people have access to debt advice when they need it and the UK Strategy for Financial Wellbeing sets out a goal of 2 million more people receiving debt advice by 2030. As Coronavirus moves into the next phase we expect the demand for debt advice services to increase. To help combat this, in June MaPS secured an extra PS38 million to help providers deliver advice to more people in England who may be experiencing financial problems due to coronavirus. It will also help providers who have seen a fall in their income streams, enabling them to continue their vital work. The PS38m has been broken into a number of funding streams. Work has already been underway to allocate funding to maintain existing capacity within the sector and make sure providers can continue to offer services, and further pre-market engagement is planned on this strand with a webinar on 17 July. Creating new capacity We are delighted to announce the next tranche of this funding - an initial PS16 million in 2020/21 - will be aimed at increasing the capacity of high-quality, free-to-customer debt advice by recruiting and training additional debt advisors. We are inviting organisations that meet the eligibility criteria - including those not currently funded by MaPS-to participate in an early market engagement process which will be followed by a request for information. The engagement is vital to give us a wider picture of sector capacity and capability, including providers' ability to proceed quickly without compromising the quality of debt advice provided to customers. We will use this insight to inform the formal application process. Who is eligible? A set of criteria must be met for an organisation to be considered for funding for new advisers through this initiative. An organisation must: 1. Hold the relevant FCA authorisations to provide debt advice and be an existing debt advice service. 2. Provide free to customer debt advice (and customers supported by MaPS funding should not be entered into fee-charging solutions where a free to customer equivalent is available) 3. Hold a MaPS accredited quality standard or hold the relevant FCA authorisations for handling client money. 4. Meet the existing debt technical supervision requirements (refer to additional links below) Delivery expectations: * The positions created must be able to function remotely, so can either be home-workers or office based but with the potential to work from home * They must be able to demonstrate the ability to provide a national (England) telephone and digital debt advice service * Additional resource must be used to deliver advice through a combination of telephone and digital channels Additional information: Want to find out more? MaPS will be hosting a webinar for organisations wanting to know more about this funding stream and to outline the next steps in the process. The webinar will take place on Friday 3 July at 1pm - you can register your interest using the link provided. A link to the recording will be uploaded on Contracts Finder at a later date.",
        "status": "planning",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    },
                    {
                        "postalCode": "EC1N 2TD"
                    }
                ]
            }
        ],
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "98000000",
                "description": "Other community, social and personal 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": "Holborn Centre, 120 Holbornholborn Centre, 120 Holborn",
                "locality": "LONDON",
                "postalCode": "EC1N2TD",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "commercial@maps.org.uk",
                "telephone": "+44 208 1324929"
            },
            "details": {
                "url": "https://www.moneyandpensionsservice.org.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/naZq3B5Q",
        "name": "Money and Pensions Service"
    }
}