Published date: 27 August 2019

Last edited date: 27 August 2019

Closed future opportunity - This means that a potential contract has passed its approach to market date. A buyer can choose to consider any supplier interest or convert this notice into an opportunity ready for live procurement.


Approach to market date: 2 September 2019

Contract summary

Industry

  • Banking services - 66110000

  • Financial consultancy services - 66171000

  • Pension services - 66520000

Location of contract

London

Value of contract

£50,000 to £75,000

Procurement reference

PACE

Published date

27 August 2019

Approach to market date

2 September 2019

Contract start date

1 October 2019

Contract end date

1 January 2020

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Background:

The Money and Pensions Service (MaPS) is an arms length body of the Department of Works and Pension (DWP).

It has brought together the Money Advice Service, The Pensions Advisory Service and Pension Wise.

• We are funded through levies on the financial services industry
• We give free, unbiased money and pensions guidance to help people make informed choices.
• For people facing unmanageable debt, we help them access free, high-quality debt advice

Opportunity:

This is a prior information notice with future call for competition and its purpose is to make the market aware of the MaPS commissioning intentions.

MaPS are seeking to competitively tender an opportunity for an Open Banking and Credit Reference Agency (CRA) Learning Partner to provide insight for our Pilot on Adviser Capacity and Efficiency (PACE). Through the test and learn phases of PACE we will be going through a series of proof of concept outside of the live customer environments and then UAT environments.

The Potential Provider would be required to assist MaPS and our partners in the Debt Sector, with our learning objectives in the thematic areas of customer, data, compatibility, thought leadership and functionality. To further give guidance on legislative requirements, test routes to integrate with our systems and provide environments for customer trails.

It is a pre requisite that the Potential Providers have CRA and Open Banking systems in place at the time of the call for competition. The indicative Tender value will be Circa £50k to £75k.

Procurement:

The service will be commissioned via an open procurement process, advertised to all providers. The formal call for competition will be published on Contracts Finder and be competed through the MaPS e-sourcing Bravo Portal.

We recommend any current providers of similar services, providers who may be interested in providing this service in the future, or other stakeholders who may have an interest in providing this service to register on Contracts Finder and on the MaPS eProcurement portal Bravo for alerts, please see links below and follow the on screen options for supplier registration. https://maps.app.jaggaer.com/web/login.html

Nature of Agreement:

It is proposed that the terms and conditions of all the services, will reflect those contained in the Gov.uk Standard Short form contract. https://www.gov.uk/government/publications/short-form-terms-and-conditions

Proposed Period of Agreement:

3 months with the potential to extend

More information

Spend profile

This table displays the spend profile of the notice
Financial year Budget
2019/2010 £75,000

Links

Additional text

MaPS Published the formal call for competition on 24th August 2019 - Bidders interested in competing for this requirement are advised to follow the link to the published notice attached above. The tender submission deadline is 12th September 2019

About the buyer

Contact name

Patrick Theseira

Address

Holborn Centre, 120 Holbornholborn Centre, 120 Holborn
London
EC1N2TD
England

Telephone

+44 208 1324929

Email

patrick.theseira@maps.org.uk