Planning

Insurance-Based Tenancy Deposit Scheme

MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT

This public procurement record has 3 releases in its history.

PlanningUpdate

14 May 2025 at 15:14

PlanningUpdate

02 May 2025 at 12:32

Planning

02 May 2025 at 11:00

Summary of the contracting process

The Ministry of Housing, Communities & Local Government is in the planning stage for re-procuring the Insurance-Based Tenancy Deposit Scheme. This procurement process focuses on financial and insurance services and involves managing and administering the insured Tenancy Deposit Protection Scheme, alongside providing an Alternative Dispute Resolution service. The project, based in London and covering multiple regions across the United Kingdom, is currently valued at £58.5 million and will be carried out under an open procedure as a concessionary arrangement. The contract period is planned from 31 March 2027 to 31 March 2032, with the possibility of extension until 2034. Interested vendors should note that further notices are expected around 31 March 2026.

This tender presents significant business opportunities, particularly for organisations specialising in financial and insurance services. Companies experienced in managing such schemes or providing dispute resolution services are especially well-suited to compete. Due to its significant budget and potential market reach across the UK, it offers notable potential for business growth and expansion, enabling firms to establish themselves in the public sector market. Firms capable of innovating and enhancing service delivery through technological advancements may find additional competitive advantages in this tender process.

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Notice Title

Insurance-Based Tenancy Deposit Scheme

Notice Description

Re-procurement of the insurance-based Tenancy Deposit Protection Scheme, which is expected to be a concessionary arrangement. The requirement covers the management and administration of the insured Tenancy Deposit Protection Scheme and providing an Alternative Dispute Resolution (ADR) service.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050c24
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021442-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£48,750,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
31 Mar 20262 months to go
Award Date
Not specified
Contract Period
30 Mar 2027 - 31 Mar 2032 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT
Contact Name
Not specified
Contact Email
commercial@communities.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON UNITED KINGDOM
Postcode
SW1P 4DF
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
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), TLL Wales

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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