Money and Pensions Service announces intention to award contracts for national and business debt advice services and the administration of debt relief

Today, the Money and Pensions Service is announcing the outcome of its debt advice commissioning process for England, through which it is providing more comprehensive debt advice services for many more people. 

Following a thorough and detailed evaluation of all the bids received, MaPS is pleased to announce that it intends – subject to the conclusion of the mandatory ten-day standstill period – to award contracts to the following organisations to provide national and business debt advice, and administration of debt relief orders (DROs). These three-year contracts will be signed after the conclusion of the standstill period and will be effective from 1 February 2023.

National debt advice services

Gregory Pennington Limited
The National Association of Citizens Advice Bureaux
Money Advice Trust

Business debt advice services

Money Advice Trust

Administration of debt relief orders (DROs)

Gregory Pennington Limited
The National Association of Citizens Advice Bureaux

For anyone wondering who Gregory Pennington Limited are, you might want to have a look at their Trust Pilot ratings as they do seem somewhat at odds with a firm being given a national debt advice contract perhaps?