Award

Provision of Debt Recovery Services

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

09 Oct 2024 at 09:49

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) has completed a public procurement process for the provision of debt recovery services, categorised under Financial and Insurance Services (CPV 66000000). This contract, valued at £60,000, is awarded to Smiths (Solicitors) LLP. The procurement was conducted via an open procedure, below the threshold. The key dates include the contract start date of 1st April 2024 and its end date of 30th March 2025. The services are required in various locations, including the United Kingdom, British Overseas Territories, Channel Islands, Isle of Man, Europe, and other regions worldwide.

This tender offers substantial opportunities for businesses involved in financial and insurance services, particularly those with expertise in debt recovery. Firms looking to expand their portfolio in the public sector can benefit significantly from such contracts. Although this specific tender was awarded to a large-scale supplier, similar opportunities can also arise for SMEs and businesses looking to establish a relationship with governmental bodies such as the Department for Transport. Participating in open procedures under the set procurement frameworks can help these businesses demonstrate their capabilities and enhance their growth prospects.

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Notice Information

Notice Title

Provision of Debt Recovery Services

Notice Description

Notice of Awarded Contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d08d487f-dda1-4b91-a3a0-0484eb6900b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d910186-2ad0-4628-b53d-30a84441b49f
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 (below threshold)
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
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20241 years ago
Submission Deadline
8 Mar 2024Expired
Future Notice Date
Not specified
Award Date
31 Mar 20241 years ago
Contract Period
31 Mar 2024 - 30 Mar 2025 6-12 months
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
DFTC - DEPARTMENT FOR TRANSPORT
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 4DR
Post Town
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SMITHS (SOLICITORS

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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