Debt Collection Agencies
key details
| Value | £17,500,000 |
|---|---|
| Status | complete |
| Category (CPV) | 79940000 |
| Region | London, South East |
| Deadline | 6 Jul 2023 |
| Procedure | selective |
| OCID | ocds-h6vhtk-03d858 |
Awards (8)
This procurement was awarded to 8 suppliers. Values shown are per-award; the notice total is £17,500,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| 1st Locate UK Limited shared | · | · | active |
| Advantis Credit Limited shared | · | · | active |
| Arvato Financial Solutions Limited shared | · | · | active |
| BPO Collections Ltd shared | · | · | active |
| Moorcroft Debt Recovery Limited shared | · | · | active |
| Moriarty Law Limited shared | · | · | active |
| Resolvecall Ltd shared | · | · | active |
| UK Search Limited shared | · | · | active |
description
As part of our commitment to collecting unrecovered debt, we have redesigned our customer debt journey focusing on delivering "right customer, right treatment path" and ensuring our financially vulnerable customers are supported at all stages of the journey.
We intend to outsource our unrecovered water debt, provided mainly on a commission basis with some specific customer outcomes chargeable on a fee structure. Both collect and trace solutions are required within various parts of the portfolio.
Litigation and field services will also be required at the later stages of the process, where any unrecovered debts will be assessed and selected depending on their suitability.
With the cost of living rising, we recognise the importance of collecting debt in a socially responsible manner and as result we are seeking partners who are committed in supporting our customers on this journey while helping Thames Water achieve our goals.
We are offering a 3-year contract with the ability to extend up to an additional 2. Field service will be offered at an initial 1-year contract. After year 1 there's a potential for this to be brought inline with the with other contracts mimicking their contract terms.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 21 Jun 2023 | Utilities contract notice (F05) | Earlier regulations | 017705-2023 |
| 2 Feb 2024 | Utilities contract award (F06) | Earlier regulations | 003615-2024 |
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source
Published on Find a Tender. Contact details for named individuals are not reproduced on this site.