Planning

Open Banking CRA Learning Partner

MONEY AND PENSIONS SERVICE

This public procurement record has 3 releases in its history.

Planning

27 Aug 2019 at 15:17

Planning

30 Jul 2019 at 15:18

Planning

25 Jul 2019 at 11:55

Summary of the contracting process

The Money and Pensions Service (MaPS) is currently in the planning stage of its procurement for the 'Open Banking CRA Learning Partner' project, with a budget of approximately £75,000. This tender is set to provide insights for the Pilot on Adviser Capacity and Efficiency (PACE) and is located in London, United Kingdom. The procurement method is a competitive quotation process, with the contract period proposed to commence on 1st October 2019 and ending on 1st January 2020. Bidders should note that the tender submission deadline is 12th September 2019, and further notifications will be published on 2nd September 2019.

This tender presents significant opportunities for businesses specialising in open banking systems and credit reference agency services. Companies that are already operating in the financial consultancy and banking services sectors, particularly those providing related technologies, will find this opportunity particularly relevant. This is an excellent chance for SMEs and relevant stakeholders in the debt sector to engage with MaPS, address their learning objectives, and potentially partner in pioneering initiatives that could lead to future growth and expansion in the financial services market.

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Notice Title

Open Banking CRA Learning Partner

Notice Description

Background: The Money and Pensions Service (MaPS) is an arms length body of the Department of Works and Pension (DWP). It has brought together the Money Advice Service, The Pensions Advisory Service and Pension Wise. * We are funded through levies on the financial services industry * We give free, unbiased money and pensions guidance to help people make informed choices. * For people facing unmanageable debt, we help them access free, high-quality debt advice Opportunity: This is a prior information notice with future call for competition and its purpose is to make the market aware of the MaPS commissioning intentions. MaPS are seeking to competitively tender an opportunity for an Open Banking and Credit Reference Agency (CRA) Learning Partner to provide insight for our Pilot on Adviser Capacity and Efficiency (PACE). Through the test and learn phases of PACE we will be going through a series of proof of concept outside of the live customer environments and then UAT environments. The Potential Provider would be required to assist MaPS and our partners in the Debt Sector, with our learning objectives in the thematic areas of customer, data, compatibility, thought leadership and functionality. To further give guidance on legislative requirements, test routes to integrate with our systems and provide environments for customer trails. It is a pre requisite that the Potential Providers have CRA and Open Banking systems in place at the time of the call for competition. The indicative Tender value will be Circa PS50k to PS75k. Procurement: The service will be commissioned via an open procurement process, advertised to all providers. The formal call for competition will be published on Contracts Finder and be competed through the MaPS e-sourcing Bravo Portal. We recommend any current providers of similar services, providers who may be interested in providing this service in the future, or other stakeholders who may have an interest in providing this service to register on Contracts Finder and on the MaPS eProcurement portal Bravo for alerts, please see links below and follow the on screen options for supplier registration. https://maps.app.jaggaer.com/web/login.html Nature of Agreement: It is proposed that the terms and conditions of all the services, will reflect those contained in the Gov.uk Standard Short form contract. https://www.gov.uk/government/publications/short-form-terms-and-conditions Proposed Period of Agreement: 3 months with the potential to extend Additional information: MaPS Published the formal call for competition on 24th August 2019 - Bidders interested in competing for this requirement are advised to follow the link to the published notice attached above. The tender submission deadline is 12th September 2019

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e324f06c-9c5b-422e-9c4d-1552661fb6dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/22dec65b-ca5b-4b33-b9b7-ef647d6445e7
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
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

66110000 - Banking services

66171000 - Financial consultancy services

66520000 - Pension services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Aug 20196 years ago
Submission Deadline
Not specified
Future Notice Date
1 Sep 2019Expired
Award Date
Not specified
Contract Period
30 Sep 2019 - 1 Jan 2020 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MONEY AND PENSIONS SERVICE
Contact Name
Patrick Theseira
Contact Email
patrick.theseira@maps.org.uk
Contact Phone
+44 208 1324929

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
TLI London

Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

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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