Provision of Financial Guidance Service
Reference ocds-b5fd17-1edd7e55-231f-4811-a4e1-5d065bfe0bec · Cabinet Office
Prior notice.
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Description
Description The purpose of this Prior Information Notice (PIN) is to notify all interested parties of the Government Departments' intention to undertake a procurement exercise for the delivery of a tailored financial guidance services to help individuals make informed decisions regarding the management of awarded funds. The service is intended for approximately up to 4,000 recipients. Main Services Required Supporting individuals to make an informed decision between lump sum or ongoing payments, taking into consideration their individual personal and financial circumstances. Support in addressing safe money management practices, including fraud prevention and the importance of making a will. Guidance on various matters, including options for managing funds. The service delivery of this guidance would be as follows: information gathering regarding the individual's circumstances, providing a tailored financial advice session based on the awarded funds and their financial circumstances and financial priorities, followed by the provision of a written report summarising the guidance provided to the individual. Key Participation Requirements Expertise in deli…
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | a5013478-b89b-4cc1-b620-fefd0a5915f5-853246 | 7 July 2025 |
| Contracts Finder | a5013478-b89b-4cc1-b620-fefd0a5915f5-853246 | 7 July 2025 |
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