Published date: 17 January 2024

Last edited date: 16 July 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 29 September 2023, 10am

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

Any region

Value of contract

£150,000

Procurement reference

tender_369474/1302963

Published date

17 January 2024

Closing date

29 September 2023

Closing time

10am

Contract start date

24 November 2023

Contract end date

17 May 2025

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

SMI provides support to out of work and retired mortgage holders claiming income-based benefits. It aims to prevent repossession by making a contribution towards mortgage interest payments. Initially provided as a benefit, in April 2018 SMI changed from a benefit to a loan repayable upon the sale of the property. SMI loans are available to claimants on certain benefits to help meet the interest payments on their mortgage. SMI is paid as a loan, which the recipient will need to repay with interest, usually when they sell or transfer ownership of their home. To be eligible for a SMI loan, the claimant needs to be in receipt of one of the following qualifying benefits: Income Support, income-based Jobseeker's Allowance (JSA), income-related Employment and Support Allowance (ESA), Universal Credit or Pension Credit.


More information

Attachments


Award information

Awarded date

24 November 2023

Contract start date

24 November 2023

Contract end date

17 May 2025

Total value of contract

£150,000

This contract was awarded to 1 supplier.

IFF Research Limited

Address

St Magnus House 3 Lower Thames Street London EC3R 6HD

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

Department For Work and Pension

Address

Caxton House, Tothill Street,
London
SW1H 9NA
England

Email

rightofacess.requests@dwp.gov.uk