Planning

Provision of Financial Guidance Services

CABINET OFFICE

This public procurement record has 1 release in its history.

Planning

08 Jul 2025 at 14:46

Summary of the contracting process

The Cabinet Office is planning a procurement process to provide financial guidance services, with the project currently in the planning stage. This procurement, titled "Provision of Financial Guidance Services", falls under the services category specifically aimed at financial and insurance services. The intended launch is during Summer 2025, with the contract expected to be awarded in Autumn/Winter 2025. The service will be available across the UK, including England, Scotland, Wales, and Ireland. Preliminary responses from interested parties are due by 12:00 noon on 22nd July 2025, with a view to exploring routes to market, such as the CCS RM6322 DPS FAADS framework.

This procurement offers significant opportunities for businesses specialising in financial advice, particularly those with experience advising on award fund management. Companies capable of meeting key participation requirements, including delivering tailored financial guidance and holding specific adviser qualifications, may find this contract well-suited to their expertise. Additionally, firms registered on the CCS Funds Administration and Disbursement Service RM6322 DPS Agreement are likely to be well-positioned. The project is ideal for businesses registered with the Financial Conduct Authority and able to provide both remote and face-to-face services in the UK. This initiative not only helps in expanding business offerings but also supports broader financial service provision objectives across public services.

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Notice Title

Provision of Financial Guidance Services

Notice Description

The purpose of this Prior Information Notice (PIN) is to notify all interested parties of the Government Departments' intention to undertake a procurement exercise for the delivery of a tailored financial guidance services to help individuals make informed decisions regarding the management of awarded funds.

Lot Information

Lot 1

The service is intended for approximately up to 4,000 recipients. Main Services Required Supporting individuals to make an informed decision between lump sum or ongoing payments, taking into consideration their individual personal and financial circumstances. Key Participation Requirements Expertise in delivering financial advice to individuals, taking into account their financial circumstances and objectives. Evidence of compliance with regulatory standards, including valid financial adviser qualifications and safeguarding certifications. All firms providing this guidance should be registered and authorised by the Financial Conduct Authority. A minimum of 50% of the advisers providing this guidance should hold a Level 6 Advanced Diploma in Financial Planning, with a minimum requirement for advisers providing this advice being a Level 4 Diploma in Regulated Financial Planning. All qualifications held should be regulated, RDR compliant qualifications. Interested parties registered service offering available on the CCS Funds Administration and Disbursement Service RM6322 DPS Agreement. Supplier ability to provide services in the UK (for the avoidance of doubt, England, Ireland, Scotland and Wales) both remotely and by exception face to face. Proposed route to market We are currently exploring the potential routes to market with CCS RM6322 DPS FAADS being one of the options we are keenly exploring. Support in addressing safe money management practices, including fraud prevention and the importance of making a will. Guidance on various matters, including options for managing funds. The service delivery of this guidance would be as follows: information gathering regarding the individual's circumstances, providing a tailored financial advice session based on the awarded funds and their financial circumstances and financial priorities, followed by the provision of a written report summarising the guidance provided to the individual. Additional information: Response Interested parties who are able to meet the requirements are invited to respond to this engagement by emailing and confirming professionalservices@cabinetoffice.gov.uk. Suppliers should include confirmation of their interest and capability to meet the Key Participation Requirements detailed in this PIN. Suppliers to provide any other relevant information they believe would be useful to the authority as part of our assessing our commercial approach. Suppliers are advised support may be available from CCS to assist interested parties in registering for the CCS DPS framework. Suppliers are required to confirm once they have registered on to the DPS via CCS RM6322 FAADs. The deadline to submit your response is 12:00 Noon, on 22nd July 2025. All replies must clearly state both the supplier's interest, and the capability to offer the main services required and meet the key participation requirements. This PIN exercise does not constitute a form of agreement or assurance from the Cabinet Office regarding the development of the procurement process.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055b5a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038332-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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
£10,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
3 Nov 2025Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CABINET OFFICE
Contact Name
Not specified
Contact Email
professionalservices@cabinetoffice.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AS
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
Not specified

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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