Published date: 25 January 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 14 February 2023, 12pm

Contract summary

Industry

  • Research services - 73110000

Location of contract

EC1N 2TD

Value of contract

£60,000 to £100,000

Procurement reference

tender_349546/1171039

Published date

25 January 2023

Closing date

14 February 2023

Closing time

12pm

Contract start date

20 February 2023

Contract end date

19 August 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The Money and Pensions Service (MaPS) is seeking an experienced agency familiar with appropriate economic modelling and forecasting to develop a new forecasting approach for need and demand for debt advice. The expectation is that the model will follow a structure along the following broad lines:

A) Macro-economic > B) Financial distress > C) Triggers for advice > D) Actual Demand for Debt Advice

These four areas would cover/include:
- Macro-economic context: inflation, unemployment, GDP, consumer confidence, interest rates etc.
- Financial distress: credit volume, credit cost & credit quality / arrears, akin to "Need for Debt Advice".
- External Indicators and triggers of advice seeking: Google searches for "debt advice", CCJs, etc.
- Demand for Debt Advice.

More information

Links

Additional text

To access this Opportunity, please visit the MaPS eProcurement Portal and register as a Supplier, if you are not already registered.
You will then be able to see the Opportunity notice, which will allow you to register your interest and view the associated documents.

About the buyer

Contact name

Bernice Milton

Address

120 Holborn
London
EC1N 2TD
England

Email

bernice.milton@maps.org.uk