Award

Provision of Financial Capability Scheme

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

25 Nov 2021 at 12:17

Summary of the contracting process

The procurement process for the "Provision of Financial Capability Scheme" was conducted by the Defra Network eTendering Portal, located in London, England. This initiative falls under the financial and insurance services category and was aimed at establishing an employee benefit provision to enhance financial capability for employees. The tender period ended on 5th November 2021, with the contract awarded on 8th November 2021, and the contract execution period stretching from 9th November 2021 to 8th November 2026. The procurement method utilised was selective, specifically a call-off from a framework agreement, seeking to engage suppliers that meet specific criteria.

This tender represents a significant opportunity for businesses that specialise in financial services and employee benefit schemes, particularly small and medium-sized enterprises (SMEs) that can provide tailored solutions to meet the needs of government employees. Companies that can effectively demonstrate their capability to deliver innovative financial products and services will be well-positioned to compete for similar future contracts, leveraging the established relationship with a prominent government entity.

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.

Notice Title

Provision of Financial Capability Scheme

Notice Description

Defra group is seeking to establish a Employee Benefit provision in the best way possible to service it's employees by way of a Financial Capability Scheme.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d131343f-6886-4b9e-b9b6-13b12e2fb776
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f9140632-77bf-422b-922d-6fc7431d192d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20214 years ago
Submission Deadline
5 Nov 2021Expired
Future Notice Date
Not specified
Award Date
8 Nov 20214 years ago
Contract Period
9 Nov 2021 - 8 Nov 2026 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEFRA NETWORK ETENDERING PORTAL
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 3JR
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SALARY FINANCE

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-d131343f-6886-4b9e-b9b6-13b12e2fb776-2021-11-25T12:17:51Z",
    "date": "2021-11-25T12:17:51Z",
    "ocid": "ocds-b5fd17-d131343f-6886-4b9e-b9b6-13b12e2fb776",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_281615/1016912",
        "title": "Provision of Financial Capability Scheme",
        "description": "Defra group is seeking to establish a Employee Benefit provision in the best way possible to service it's employees by way of a Financial Capability Scheme.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1P 3JR"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2021-11-05T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2021-11-09T00:00:00Z",
            "endDate": "2026-11-08T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-143084",
            "name": "Defra Network eTendering Portal",
            "identifier": {
                "legalName": "Defra Network eTendering Portal"
            },
            "address": {
                "streetAddress": "Nobel House 17 Smith Square",
                "locality": "London",
                "postalCode": "SW1P 3JR",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "Admin@defra.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-190378",
            "name": "Salary Finance",
            "identifier": {
                "legalName": "Salary Finance"
            },
            "address": {
                "streetAddress": "58 Wood Lane, London W12 7RZ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-143084",
        "name": "Defra Network eTendering Portal"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-d131343f-6886-4b9e-b9b6-13b12e2fb776-1",
            "status": "active",
            "date": "2021-11-08T00:00:00Z",
            "datePublished": "2021-11-25T12:17:51Z",
            "value": {
                "amount": 0,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-190378",
                    "name": "Salary Finance"
                }
            ],
            "contractPeriod": {
                "startDate": "2021-11-09T00:00:00Z",
                "endDate": "2026-11-08T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/f9140632-77bf-422b-922d-6fc7431d192d",
                    "datePublished": "2021-11-25T12:17:51Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/a8ce4890-f2f1-4b7b-a703-3d0085f0bd93",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}