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Diffuse Mesothelioma Payment Scheme (DMPS) Levy Collection

Department for Work and Pensions

This public procurement record has 1 release in its history.

AwardUpdate

21 Nov 2024 at 14:17

Award Notice
Summary of the contracting process

The Department for Work and Pensions (DWP) has initiated a procurement process titled "Diffuse Mesothelioma Payment Scheme (DMPS) Levy Collection" as per legal basis 32014L0024. This procurement falls under the financial and insurance services category and is intended to collect levy payments from active Employer Liability Insurers annually, under the Mesothelioma Act 2014. The DWP, headquartered in Quarry House, Quarry Hill, Leeds, is overseeing this procurement. The initial contract was signed on 4 November 2019 and, following an extension, will now conclude on 3 November 2026. The awarded supplier for this tender is Tracing Services Ltd, valued at £257,842.30. This update encompasses both award and contract updates, with a recent notable amendment being the extension of the contract period by an additional two years.

This procurement offers substantial opportunities for businesses specialising in financial and insurance services, particularly those experienced in levy collection services. Companies with robust capabilities in managing large-scale financial operations and those looking to expand their footprint in government contracts may find significant growth potential by engaging in this tender. The DWP's express rights to use mechanisms like reverse auctions and to cancel the procurement at any stage imply a dynamic and competitive process, favouring businesses that are agile and capable of providing high-quality, reliable services. The well-suited businesses for this tender are likely mid to large-scale financial service providers with an established presence and compliance with regulatory standards in the UK.

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Notice Information

Notice Title

Diffuse Mesothelioma Payment Scheme (DMPS) Levy Collection

Notice Description

Lot Information

Lot 1

Provision of Levy Collection Services required to fund the DMPS. Levy Payments to be collected from active Employer Liability Insurers on an annual basis under the auspices of the Mesothelioma Act 2014

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04bda2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037667-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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
£257,842 £100K-£500K

Notice Dates

Publication Date
21 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Nov 20196 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Department for Work and Pensions
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
Not specified
Postcode Area
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

Tracing Services Ltd

Further Information

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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