Award

Commissioning Debt Advice in England

MONEY AND PENSIONS SERVICE

This public procurement record has 2 releases in its history.

Award

04 Jan 2023 at 16:40

Tender

16 Jul 2021 at 12:40

Summary of the contracting process

The Money and Pensions Service has recently awarded contracts for the delivery of free to customer regulated debt advice services in England under the title "Commissioning Debt Advice in England". The procurement stage was completed, and the total value of the awarded contracts amounts to £105,700,000 GBP. The main procurement category is services falling under the industry classification of Other community, social and personal services. The contracts have been signed with multiple suppliers, and the locations of delivery cover various regions in the United Kingdom. Key dates included the signing of contracts in November 2022.

This tender for debt advice services in England presents significant business growth opportunities for organisations in the financial services sector, particularly those with expertise in debt advice and financial regulation. Small and medium-sized enterprises (SMEs) in the financial advisory space may find this tender particularly suited to their capabilities. The commissioning exercise will enable approved organisations to deliver debt advice services for a duration of three years with potential extensions, providing stability for the sector. Suppliers need to comply with financial regulations by having the necessary FCA authorisations to deliver debt advice services effectively. The tender presents an opportunity to contribute to improving access and standards in debt advice provision across England.

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Notice Title

Commissioning Debt Advice in England

Notice Description

Delivery of free to customer regulated debt advice service in England.

Lot Information

National Service

Delivery of free to customer national regulated debt advice services that are available to anyone in England. The contract duration is three years with two optional extensions of 1 year each.

Options: Two optional extensions of 1 year each

Renewal: 3 + 1 + 1

NOT AWARDED - Regional Services

Regional delivery of debt advice services - Lot not awarded and is subject to re-procurement

Options: Up to 2 years (at annual intervals)

Renewal: 3 + 1+ 1

Business Debt Advice Services

The delivery of a free to customer regulated business debt advice service that will support problems with debts for which the individual is personally liable (regardless of the nature/purpose of these debts), to those who derive income from self-employment. The contract duration is three years with two optional extensions of 1 year each.

Options: Two optional extensions of 1 year each.

Renewal: 3 + 1+ 1

Debt Relief Order Administration Hub Contract

Delivery of a free to customer Debt Relief Order (DRO) administration service. This service is free to customers save for the DRO application fee. The contract duration is three years with two optional extensions of 1 year each.

Options: Two optional extensions of 1 year each.

Renewal: 3 + 1+ 1

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02c8fc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000206-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98000000 - Other community, social and personal services

Notice Value(s)

Tender Value
Not specified
Lots Value
£320,833,333 £100M-£1B
Awards Value
Not specified
Contracts Value
£91,100,000 £10M-£100M

Notice Dates

Publication Date
4 Jan 20233 years ago
Submission Deadline
8 Sep 2021Expired
Future Notice Date
Not specified
Award Date
3 Nov 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
MONEY AND PENSIONS SERVICE
Contact Name
MaPS Commercial Division
Contact Email
commercial@maps.org.uk
Contact Phone
Not specified

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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

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

Supplier Information

Number of Suppliers
3
Supplier Names

GREGORY PENNINGTON LIMITED T/A MONEY WELLNESS

MONEY ADVICE TRUST

THE NATIONAL ASSOCIATION OF CITIZENS ADVICE BUREAUX

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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