Management and Allocation of Voluntary Redress Payments

OfgemcontractContracts FinderRef MT226039SME suitablecomplete
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Estimated value

£2.0m

Awarded value

£2.0m

Awarded 03 Apr 2022

Suppliers

1

Lots

1

1 awarded

Published

19 Apr 2022

Deadline 26 Oct 2021

Description

This award is for an expert Service Provider to provide efficient financial management of voluntary redress monies, including receiving the funds, ring-fencing them, and awarding grants to suitable recipients.

Scope

Reference
MT226039
Total value
£2,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
03 Apr 2022 to 02 Apr 2026
CPV classifications
79412000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
26 Oct 2021, 11:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£2.0m

Award date

03 Apr 2022

Contract start

03 Apr 2022

Contract end

02 Apr 2026