Award

Provision of a Direct Debit Solution

DRIVER AND VEHICLE LICENSING AGENCY

This public procurement record has 1 release in its history.

Award

15 May 2024 at 13:43

Summary of the contracting process

The Driver and Vehicle Licensing Agency (DVLA) has recently awarded a contract to Target Group Limited for the provision of a Direct Debit Service. The contract, worth £11,170,000 GBP, is now active and will commence on 1st June 2024. This contract falls under the financial and insurance services category and was awarded through a limited procurement method without prior publication of a call for competition.

This contract opportunity with DVLA for a Direct Debit Service can benefit businesses in the financial and insurance services industry. Companies that specialise in providing Direct Debit solutions and financial services could find this tender particularly suitable for business growth. The contracting process has already been completed, offering a chance for eligible businesses to explore opportunities for collaboration and expanding their service portfolio within the public sector.

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Notice Title

Provision of a Direct Debit Solution

Notice Description

Following the VEAT Notice issued on 12 April 2024, outlining DVLA's intention to Award. The standstill period has now been completed. DVLA has awarded a contract to Target Group Limited for the provision of a Direct Debit Service commencing on 1st June 2024. This is to ensure continuous operation of the existing Direct Debit service; allowing enough time for DVLA to undertake a new tender process for a future Direct Debit Service. The future Direct Debit Service opportunity will be advertised in line with the relevant contract regulations. This is the final contract award notice.

Lot Information

Lot 1

The Driver and Vehicle Licensing Agency (DVLA) (The Authority) is an Executive Agency of DfT, based in Swansea. The Agency's primary aims are to facilitate road safety and general law enforcement by maintaining accurate registers of drivers and vehicle keepers and to collect Vehicle Excise Duty (VED). A DD payment option was introduced from 1st October 2014 which enables End Users to currently pay the full annual VED amount in one annual instalment, pay for a 6-month licensing period in one instalment or opt to spread the costs evenly over the term of a 12-month licensing period. * Currently, over 1.3 million mandates are created per month, this is split between circa new (40%) and renewed (60%) mandates. * On average, Direct Debit payments total approximately PS225m a month. * The total value of the contract for the financial years 2018-2023 is in the region of PS25 million

Procurement Information

DVLA intends to award a contract to Target Group Limited for the provision of a Direct Debit Service commencing on 1st June 2024. This is to ensure continuous operation of the existing Direct Debit service; allowing enough time for DVLA to undertake a new tender process for a future Direct Debit Service. The future Direct Debit Service opportunity will be advertised in line with the relevant contract regulations. DVLA intends to award the contract without a call for competition in accordance with the Public Contracts Regulations 2015 32.2 (b) ii. The works, supplies or services can be provided only by a particular economic operator for the following reason: * absence of competition for technical reasons

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0459d3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015460-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
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
£11,170,000 £10M-£100M

Notice Dates

Publication Date
15 May 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Apr 20241 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
DRIVER AND VEHICLE LICENSING AGENCY
Contact Name
Vikki John
Contact Email
vikki.john@dvla.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SWANSEA
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

TARGET GROUP

Further Information

Notice URLs

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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