Tender

TEN-17-104 Debt Collection Framework

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

TenderAmendment

05 Sep 2018 at 14:34

Tender

31 Aug 2018 at 11:50

Summary of the contracting process

The Financial Conduct Authority (FCA) is launching a procurement process for the "TEN-17-104 Debt Collection Framework", aimed at establishing a framework agreement for debt collection services over a period of four years. This tender falls under the services category, specifically targeting collection agency services (CPV code 79940000). The deadline for submissions is 1st October 2018, and the contract is set to commence on 4th February 2019 and conclude on 3rd February 2023. Interested suppliers must register on the BravoSolution eTendering System to access necessary documents.

This tender presents a valuable opportunity for businesses specialising in debt collection and financial services, particularly small and medium-sized enterprises (SMEs). Companies able to provide cost-effective, efficient, and timely debt recovery solutions are well-positioned to compete for this contract. Successful bidders will contribute to the FCA's goal of maximising debt recovery, thus enhancing their market presence and potential for growth within the public sector.

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Notice Title

TEN-17-104 Debt Collection Framework

Notice Description

The FCA is seeking to set up a framework agreement for debt collection services for a 4-year period. The suppliers will form part of our debt collection process where we have exhausted all of the options available to us. The FCA are looking to appoint up to three companies under this Framework Agreement. The aim of this procurement exercise is to ensure: - cost effective, efficient and timely collection of fines and fees, - that the maximum amount of debt is recovered, and - accurate accounting for and reporting on performance. Additional information: If you are interested in participating in this tender then you must register as a supplier on the BravoSolution eTendering System at www.fca.bravosolution.org.uk to access the project and download and complete the Selection Questionnaire documents by the deadline stated.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e06965cc-58f6-4a9b-b783-4837e996e452
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c1bf0f1-6b25-4ad3-8fad-0f8ebed731bc
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79940000 - Collection agency services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20187 years ago
Submission Deadline
1 Oct 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Feb 2019 - 3 Feb 2023 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Christina Cupani
Contact Email
fpsprocurement@fca.org.uk
Contact Phone
0800 111 6768 ext 63710

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

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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