Tender

NS&I Premium Bond Jackpot Winner - Independent Financial Advice Service

NATIONAL SAVINGS & INVESTMENTS

This public procurement record has 1 release in its history.

Tender

20 Nov 2017 at 13:57

Tender Notice
Summary of the contracting process

The procurement process is being conducted by National Savings & Investments (NS&I) for the project titled "NS&I Premium Bond Jackpot Winner - Independent Financial Advice Service." This initiative falls under the financial consultancy services industry category and is located in London, England. Currently in the tender stage, the deadline for submissions is set for 5 January 2018. The procurement method is classified as a limited competitive quotation, which is below the threshold.

This tender presents a unique opportunity for qualified financial consultancy firms, particularly independent advisers, to grow their business by providing services to the monthly Premium Bond jackpot winners. Businesses that specialise in financial advice and have a robust track record in independent financial services would be well-suited to compete for this contract, as NS&I seeks to establish relationships with experienced advisers for its clients.

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Notice Information

Notice Title

NS&I Premium Bond Jackpot Winner - Independent Financial Advice Service

Notice Description

NS&I's most popular product is Premium Bonds. In return for a savings investment customers are entered into a monthly prize draw. Two (very fortunate) millionaire jackpot winners are created every month. NS&I are inviting proposals from suitably qualified, experienced and independent Financial Advisory services to provide advice to the monthly Premium Bond jackpot winners, who want this service. NS&I will broker an initial meeting with the Jackpot winner and the Financial Adviser and any further advice must only be provided if the Jackpot winner requests this. NS&I is looking to establish a contract with suitably qualified and experienced financial advisers who have independent status. Advisers with restricted status need not apply. Further details, including the detailed procurement timescales and process, are available in the Invitation to Tender (ITT) document, which can be downloaded from the NS&I eProcurement website portal following registration: https://nsandi.eu-supply.com/login.asp?B=NSANDI Additional information: All questions and responses regarding this tender must be communicated via the NS&I e-sourcing portal: https://nsandi.eu-supply.com/login.asp?B=NSANDI Tender related documents, including the brief, can be downloaded by visiting the above website and clicking on 'Current Tender Opportunities". Suppliers who are not already registered on the e-portal can do so by clicking 'New Supplier Registration'

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-db19d1c4-4e96-4a53-99d4-047e4c835a21
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3bca03b9-1fca-4489-87fd-b5f4f59ea836
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
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
20 Nov 20178 years ago
Submission Deadline
5 Jan 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2018 - 31 Mar 2021 3-4 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
NATIONAL SAVINGS & INVESTMENTS
Contact Name
Mr Chris Wood
Contact Email
chris.wood@nsandi.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1V 2QX
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
Pimlico North
Westminster Constituency
Cities of London and Westminster

Further Information

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. 

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