Find a Tender
planned
Official procurement procedure
Soft Market Test - Direct Debit Bureau
Financial and insurance services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Torus62Ltd: "Soft Market Test - Direct Debit Bureau". Published status: planned. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Torus62Ltd | Scope & Categories | Not published | Submission Window | planned No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Torus62Ltd
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Torus62Ltd. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
4Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 3 active published awards; 2 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityTorus62Ltd | Procedure methodNot published | Procurement categoryNot published |
Statusplanned | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published21 Dec 2022, 10:05 GMT | Last source update21 Dec 2022, 10:05 GMT | Recurring procurementNot published |
ClassificationFinancial and insurance services | ||
Delivery area | ||
OCIDocds-h6vhtk-03932c | ||
What is being bought
Currently, Torus have circa 15,000 active Direct Debits (DD) with customers, this is managed by both the Income Team and Finance Rent Control Team. Torus seeking input from third party providers that can manage our Direct Debit collections with the aim to improve customer experience, streamline the existing systems and processes, along with improving rent collection. As part of this process Torus is conducting a Soft Market Test to establish the level of interest in this opportunity, to gather information and improve our understanding of the market.
What changed
From the official release history
- Status changed to planned
21 Dec 2022, 10:05 GMT - Official notice release published
21 Dec 2022, 10:05 GMT - Buyer information updated
21 Dec 2022, 10:05 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedplannedPublished valueNot publishedSoft Market Test for Direct Debit Bureau ServiceContract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
21 Dec 2022, 10:05 GMT
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
Torus62Ltd
Contracting authority GB-FTS-40027Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published