Award of Debt Collection Services Contract by the Financial Conduct Authority
Financial Conduct Authority · Awarded contract
AwardedAward of Debt Collection Services Contract by the Financial Conduct Authority
Awarded 22 Jan 2024
Awarded22 Jan 2024
Value£60,000.00
RegionLondon
CategoryFinance & Insurance
Expires in 3mo3y term, 93% elapsed
Awarded 22 Jan 2024Expires 22 Jan 2027
About
The Financial Conduct Authority awarded a three-year agreement to Control Account Ltd, Lovetts Limited, and Transcom Worldwide (UK) Limited for the provision of debt collection services, with a contract value of 60,000 GBP.
The primary focus is on collecting enforcement fines, regulatory fees, and overseas debt, though the list is not exhaustive.
The three suppliers are tasked with cost-effective, efficient, and timely collection of fines.
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Award of Debt Collection Services Contract by the Financial Conduct Authority
Won by Control Account Ltd,Lovetts Limited,Transcom Worldwide (UK) Limited · Financial Conduct Authority
£60Kawarded
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Managed Debt Collection Services Framework – MSP to Manage FCA-Regulated AgenciesFinance & Insurance · Closes 27 Nov 2026
United Utilities Household Debt Collection Services – Specialist DCAs & BPO ProvidersFinance & Insurance · Closes 29 Dec 2026
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
Most likely bidderFacilities firm
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