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PROCUREMENT OPPORTUNITY

Dormant Assets Scheme Insolvency Solution

Reclaim Fund Limited · Tender notice on Find a Tender

Tender information last checkedLast checked 30 Sept 2026, 12:42.

Opportunity overview

Should the disorderly insolvency of a Scheme participant occur, RFL would need to provide a B2C solution that mirrors the value that, and process by which, ‘live’ customers can be compensated through the firm’s insolvency practitioner. RFL is seeking to outsource this B2C solution and have it on standby, ready to be activated within a reasonable timeframe that mirrors the insolvency practitioner’s reclaim service should it become apparent that a participant is facing a disorderly insolvency. Activation of the B2C solution would be directed by RFL, based on information received from the participant’s insolvency practitioner and/or the FCA that confirms a disorderly insolvency. RFL wishes to procure a business process outsourcing (BPO) service that can calculate, validate, and process customer reclaims using data obtained from the participant’s insolvency practitioner. The BPO must securely store the data, with appropriate access controls governing it. The BPO service will need to be proportionate and appropriate to the insolvency event: it must be scalable (both up and down) and adapt to the insolvency practitioner, which will determine ways of working, processes, and timelines. RFL recognises these unique requirements will require a sophisticated and bespoke solution and is therefore anticipating that the supplier is likely to sub-contract elements. RFL must be assured that the overall solution is compliant with RFL policies and procedures, FCA and other regulations, that customers receive appropriate outcomes, and that appropriate service standards are achieved. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=994499897

Classification

  • CPV66171000 — Financial consultancy services
  • CPV72222300 — Information technology services
  • CPV79212000 — Auditing services
  • CPV79400000 — Business and management consultancy and related services
  • CPV79512000 — Call centre

Lots

  • Lot 1£1.5m

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-05e1dd
Status
active
Above Threshold
Yes
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Competitive flexible procedure

Covered By

GPA

Procedure

Features
Please see ITT documentation.

Legal basis

Id
2023/54
Scheme
UKPGA

Expected award period

Ends
12 Feb 2026, 23:59

Tender Period

Ends
12 Dec 2025, 17:00

Enquiry period

Ends
12 Dec 2025, 17:00

Submission terms

Electronic Submission Policy
allowed

Languages

en

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Amount
1,500,000
Currency
GBP
Including VAT
1,800,000

Renewal

Description
A period of 1 year from the end of the Initial Term may be initiated (the “Extension Period”).

Suitability

Sme
Yes
Vcse
Yes

Award criteria

Weighting Description
Set out in procurement documents. 75% Quality / 25% Price.

Criteria

Criterion 1
Name
Quality
Type
price
Description
75%

Contract period

Ends
26 Feb 2029, 23:59
Starts
27 Feb 2026, 00:00
Max Extent Date
26 Feb 2030, 23:59

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UKI
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
66171000
Scheme
CPV
Description
Financial consultancy services
Entry 2
Id
72222300
Scheme
CPV
Description
Information technology services
Entry 3
Id
79212000
Scheme
CPV
Description
Auditing services
Entry 4
Id
79400000
Scheme
CPV
Description
Business and management consultancy and related services
Entry 5
Id
79512000
Scheme
CPV
Description
Call centre

Published documents

Entry 1
Id
conflictOfInterest
Description
Not published
Document Type
conflictOfInterest
Entry 2
Id
074138-2025
Format
text/html
Notice Type
UK4
Description
Tender notice on Find a Tender
Document Type
tenderNotice
Published
14 Nov 2025, 16:05

Buyer, suppliers and contacts

Organisation 1
Id
GB-PPON-PGVJ-2191-XDBL
Name
Reclaim Fund Limited

Roles

buyer

Address

Region
UKI31
Country
GB
Locality
London
Postal Code
WC1N 3AX
Country Name
United Kingdom
Street Address
27 Old Gloucester Street

Details

Classifications

Entry 1
Id
publicAuthorityCentralGovernment
Scheme
UK_CA_TYPE
Description
Public authority - central government

Identifier

Id
PGVJ-2191-XDBL
Scheme
GB-PPON

Contact

Recorded locations

  • Buyer location · London · UKI31 · WC1N 3AX · United Kingdom
  • Delivery location · UKI · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-05e1dd-2025-11-14T16:05:25ZTender notice on Find a Tender ·