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Tenancy Deposit Protection Schemes
Descriptions
The primary objective of the potential procurement will be to ensure the continued service provision of a Tenancy Deposit Protection (TDP) scheme or schemes that meet legislative requirements.
The Government's policy objectives for the TDP system are that:
- Deposits are fully protected so tenants are assured that their money is safe, and landlords are confident that they are abiding by the law.
- Decisions on return of deposits are as quick as possible without compromising on the quality of adjudication and users' trust in the process.
- Tenants who fund the TDP system benefit from its profits.
- Implementing a streamlined TDP system that is easy to use for all, meaning the sector is encouraged to use the system, and users are aware of and confident in their rights and obligations.
- The system maximises VfM for taxpayers and minimises the risk of Government underwriting financial losses of suppliers.
Further details on the proposed requirements and scope will be included in the Pre-Market Engagement document available via email request (commercialtenders@communities.gov.uk).
Timeline
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Tender Regions
CPV Codes
66515410 - Financial loss insurance services
75123000 - Administrative housing services
66100000 - Banking and investment services
Keywords
banking services
investment advisory
capital markets
financial intermediation
asset placement
portfolio funding
financial brokerage
market investment services
investment facilitation
financial operations
financial loss cover
market loss protection
revenue loss insurance
income indemnity
financial interruption coverage
economic loss policy
financial risk insurance
business revenue protection
liquidity loss cover
financial damage insurance
public housing management
housing allocation oversight
property registry services
rent assistance programs
government housing development
urban residential planning
housing benefit administration
social housing support
tenancy records handling
state property services
Tender Lot Details
2 Tender Lots
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Possible Competitors
1 Possible Competitors
