--- title: "Early Market Engagement - Covid 19 Money Guidance and Debt Solution" ocid: "ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb.json" source: "Contracts Finder" current_stage: "Planning" buyer: "MONEY AND PENSIONS SERVICE" published: "2020-08-21" --- # Early Market Engagement - Covid 19 Money Guidance and Debt Solution Buyer: MONEY AND PENSIONS SERVICE Current stage: Planning OCID: ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb.json) ## Summary The Money and Pensions Service (MaPS) is initiating an early market engagement process titled "Early Market Engagement - Covid 19 Money Guidance and Debt Solution". This tender, currently in the planning stage, aims to enhance digital capabilities for money guidance and debt advice across the United Kingdom. The engagement will close on 28 August 2020, and businesses interested in the procurement can submit their expressions of interest until the deadline. The event will inform MaPS on current capacities within the sector and how best to allocate £7 million in funding aimed at improving digital services for debt advice in England and UK-wide money guidance. This initiative presents significant opportunities for businesses, particularly those specialising in IT services, consulting, software development, and digital support within the financial advising sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as their innovative digital solutions may directly contribute to enhancing debt support services. Engaging in this early market process allows businesses to shape future procurement strategies and potentially secure contracts to deliver essential services during a critical period of increased demand for financial guidance. ## Notice About the Money and Pensions Service The Money and Pensions Service (MaPS) brings together the free services previously delivered by the Money Advice Service, The Pensions Advisory Service and Pension Wise. MaPS offers customers guidance and appointments over the telephone, online and in person. The MaPS vision is: 'everyone making the most of their money and pensions.' MaPS is an arm's-length body sponsored by the Department for Work and Pensions (DWP), and it has a joint commitment to provide access to the information and guidance people across the UK need, to make effective financial decisions over their lifetime. The organisation also engages with HM Treasury on policy matters relating to financial capability and debt advice. For further information visit the Money and Pensions Service website www.moneyandpensionsservice.org.uk Coronavirus Debt Advice Support Package The coronavirus pandemic has had a significant impact on the economy and people's personal finances and we expect demand for debt advice services to increase. In June, MaPS secured an extra PS38 million for a 'Coronavirus Debt Advice Support Package'. Work has already been taking place to allocate this funding - designed to help providers deliver advice to more people in England who may be experiencing financial problems due to coronavirus - and we are now launching the next phase of activity. Improving Digital Capability of Money Guidance and Debt Advice We are delighted to announce an initial PS7 million of funding in 2020/21 aimed at improving our digital money guidance and debt advice offering and building our capability to allow more people to access the support they need digitally. In the first instance, to help us understand what already exists in addition to capacity and capability in the sector, we are launching an early market engagement process covering two strands. Creating new digital debt advice capacity in England - aimed at increasing the capacity of high-quality, free-to-customer debt advice by investing in digital services and capabilities. Improving Digital Money Guidance across the UK - aimed at improving the money guidance journey and hand-off those most in need to get intensive debt advice. Our focus is creating an approach to holistic guidance that helps customers understand their financial picture and access the services that are best suited to meet their needs. Through earlier preventative interventions in the money guidance journey, we may ease some of the demand on the debt advice sector. Additional information: Early Market Engagement Any organisations with an interest in Debt Advice, Money Guidance and technology focused on personal finance are welcome to join the early market engagement webinar which will be followed by a request for information. The engagement is vital to give us a wider picture of sector capacity and capability, for instance debt advice providers' ability to invest in development quickly without compromising the quality of debt advice provided to customers. We will use this insight to inform next steps on how we best use the funds and design the formal application process. Want to find out more? MaPS will be hosting a webinar for organisations wanting to know more about this funding stream and to outline the next steps in the process. The webinar will take place on Wednesday 19 August at 2pm - you can register your interest using the link provided below. A link to the recording will be uploaded on Contracts Finder. https://register.gotowebinar.com/register/6014893062288218637 Interested organisations should please note that this is not a call for competition, but a desire to carry out early market engagement with the sector to support development of our commercial procurement strategy prior to any formal tender activity. Suppliers should also note that the scope of delivery for each project strand is: England for the Creating new digital debt advice capacity; and UK for the Improving Digital Money Guidance. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d | | Notice type | Market Engagement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 21 Aug 2020 | | Submission deadline | Not specified | | Future notice date | 28 Aug 2020 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planning | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | MONEY AND PENSIONS SERVICE | | Locality | LONDON | | Post town | Central London | | Postcode | EC1N 2TD | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI36 Camden | | Local authority | Camden | | Electoral ward | Holborn & Covent Garden | | Westminster constituency | Holborn and St Pancras | | Delivery location | Not specified | ## CPV Codes ### Divisions - 72 - IT services: consulting, software development, Internet and support ### Codes - 72000000 - IT services: consulting, software development, Internet and support ## Release History - 21 Aug 2020 at 13:17 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d - 21 Aug 2020 at 12:29 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d - 20 Aug 2020 at 20:13 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d - 19 Aug 2020 at 16:03 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d - 12 Aug 2020 at 14:57 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d - 12 Aug 2020 at 14:53 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a7e99b63-cc41-4ca1-b440-21870bd86f0d 21st August 2020 - Early engagement notice on Contracts Finder - http://www.moneyandpensionsservice.org.uk MaPS website - https://register.gotowebinar.com/register/6014893062288218637 Link to register for the webinar - https://www.smartsurvey.co.uk/s/DL88GD/ Organisations are invited to complete the Covid Debt Advice & Money Guidance Support Survey kindly note the survey closes at midday on 25th August. Please e-mail commercial@maps.org if you have any difficulties with completing the survey. - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2f81996a-3976-4102-acb2-27ecb4815acc kindly find attached off-line PDF Version of all Market Survey Questions - https://attendee.gotowebinar.com/recording/2390633356948872961 Please find attached recording of Maps webinar event hosted 19/08/2020. ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1239bfdd-47fa-47b4-ae07-77d1c012a2bb.json.