Planning

Tenancy Deposit Protection Schemes

MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT

This public procurement record has 3 releases in its history.

Planning

10 Mar 2026 at 09:07

PlanningUpdate

27 Nov 2025 at 15:34

Planning

27 Oct 2025 at 15:15

Summary of the contracting process

The Ministry of Housing, Communities & Local Government in London, United Kingdom, is currently at the planning stage for the procurement process of a Tenancy Deposit Protection Schemes project. This initiative falls under the services category, focusing on banking and investment services, financial loss insurance, and administrative housing services. The primary objective is to ensure the continued service provision of a Tenancy Deposit Protection scheme that meets legislative requirements. Key dates include a deadline for responses to the Preliminary Market Engagement document by 13th April 2026, following a series of online engagement sessions aimed at fostering direct communication with officials throughout March. The procurement is planned to commence on 1st April 2027 and could potentially extend until 2034, ensuring long-term stability and compliance with legal standards.

This procurement project offers significant business growth opportunities for companies specialised in tenancy deposit protection and financial services. The Ministry is exploring a reformed TDP system potentially delivered by a single supplier with an emphasis on value for money and profit sharing. Small and medium enterprises, as well as voluntary, community and social enterprises, are particularly encouraged to engage, as the suitability criteria favour these types of organisations. The streamlined approach proposed by the government aims to simplify the existing system and improve tenant experiences, making it an attractive prospect for established businesses in the sector looking to expand their portfolio and government service contributions. Interested parties are encouraged to access detailed information and participate in Pre-Market Engagement sessions to better understand the opportunities available through this substantial procurement.

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How relevant is this notice?

Notice Title

Tenancy Deposit Protection Schemes

Notice Description

The primary objective of this procurement is to ensure the continued service provision of a Tenancy Deposit Protection (TDP) scheme or schemes from April 2028 that meet legislative requirements as set out above. The Government's policy objectives for the TDP system are that: * Deposits are fully protected so tenants are assured that their money is safe, and landlords are confident that they are abiding by the law. * Decisions on return of deposits are as quick as possible without compromising on the quality of adjudication and users' trust in the process. * Tenants who fund the TDP system benefit from its profits. * Implementing a streamlined TDP system that is easy to use for all, meaning the sector is encouraged to use the system, and users are aware of and confident in their rights and obligations. * The system maximises VfM for taxpayers and minimises the risk of Government underwriting financial losses of suppliers. The Authority also aims to maintain and improve the service available to landlords and agents, and to improve the overall tenant experience with deposits in the Private Rented Sector (PRS) with an emphasis on continuous improvement. Following previous engagement with the market and sector stakeholders, the Government is minded to simplify the existing TDP system and secure greater value for money. Subject to the necessary legislative and commercial processes, this would involve the following reforms: * Custodial model only * Delivery by a single supplier * Profit-sharing with MHCLG Further details on the proposed requirements and scope will be included in the Pre-Market Engagement (PME) document available via email request (commercialtenders@communities.gov.uk). The Department will also be providing access to a data room document which includes supplementary information alongside the PME document. Please request access via the email address above and you will be provided with a link and/or email with instructions on how to access.

Planning Information

To request a copy of the Preliminary Market Engagement (PME) document and access the data room document, please email the below address ensuring to insert "CPD4126218 - Tenancy Deposit Protection Schemes" into the subject header of the email. commercialtenders@communities.gov.uk MHCLG kindly request your responses to the questions set out in section 8 of the PME document by no later than 5pm on 13th April 2026. The Department shall also be hosting 1-2-1 online engagement sessions with MHCLG officials in w/c 16th March, Wednesday and Thursday at 10am - 11am, 12noon - 1pm and 3pm - 4pm on each of these days. Also in w/c 23rd March Tuesday, Wednesday and Thursday at 10am-11am, 12noon-1pm and 3pm-4pm on each of these days. If you wish to attend a session, please send your 1st, 2nd and 3rd preferences for a date and time via email to CommercialTenders@communities.gov.uk no later than 5 working days before the proposed date. Due to capacity constraints, 1-2-1 slots are limited and will be offered on a first come first serve basis. If there are any changes to the deadlines, MHCLG shall endeavour to update the notice and also inform those who have requested the document and/or participation in a 1-2-1 session.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d465
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021155-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services


CPV Codes

66100000 - Banking and investment services

66515410 - Financial loss insurance services

75123000 - Administrative housing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Mar 20261 months ago
Submission Deadline
Not specified
Future Notice Date
13 Apr 2026Expired
Award Date
Not specified
Contract Period
31 Mar 2027 - 1 Apr 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

Further Information

Notice Documents

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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