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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Department for Work and Pensions |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £150,000 |
| Release Date: | 17 January 2024 |
| Application Deadline: | 29 September 2023 |
| Contract Start Date: | 17 November 2023 |
All 2 notices for this procurement, oldest first.
Support for Mortgage Interest
Support for Mortgage Interest
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
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Awarded to
| Award value: | £150,000 |
| Award decision date: | 17 November 2023 |
| Award status: | Active |
SMI provides support to out of work and retired mortgage holders claiming income-based benefits. It aims to prevent repossession by making a contribution towards mortgage interest payments. Initially provided as a benefit, in April 2018 SMI changed from a benefit to a loan repayable upon the sale of the property. SMI loans are available to claimants on certain benefits to help meet the interest payments on their mortgage. SMI is paid as a loan, which the recipient will need to repay with interest, usually when they sell or transfer ownership of their home. To be eligible for a SMI loan, the claimant needs to be in receipt of one of the following qualifying benefits: Income Support, income-based Jobseeker's Allowance (JSA), income-related Employment and Support Allowance (ESA), Universal Credit or Pension Credit.
Published contracts in the last 12 months
173
total contracts
£949.1m
total value
£8,707,399
average contract size
Typical categories
FSF Dynamic Purchasing System 2 For the Provision of Work Focused Activities
Department for Work and Pensions · WAC-627437
FSF Dynamic Purchasing System 2 For the Provision of Work Focused Activities
Department for Work and Pensions · WAC-587718
FSF Dynamic Purchasing System 2 For the Provision of Work Focused Activities
Department for Work and Pensions · WAC-564586
Pipeline status
Not addedImports the contract into your BidWriter pipeline · Qualify before you commit to bid
Application Deadline
29 September 2023
Closed
Estimated Value
£150,000
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Book a free consultation →| Contract End Date: |
| 17 May 2025 |
| Contract Duration: | 1.5 years |
| Procurement ID (OCID): | ocds-b5fd17-f2a3c46a-b7c1-4486-8d93-b0213f19d636 |
| Notice Reference: | 8da5aa21-cbf9-4d54-8628-38a4bb92eb65-714801 |