Debt advice contract modification with optional 14-month extension worth up to £66m.
The Money and Pensions Service (MaPS) is modifying an existing contract for debt advice services in England by adding an option to extend the term by 14 months (from 1 Feb 2028 to 31 Mar 2029). The extension, if exercised, would add £60-66 million to the contract value. This modification is to allow time for a new National Debt Advice Services procurement to develop strategic and operational approaches. The current contract award value remains unchanged if the option is not exercised. The modification is not considered substantial under UK procurement regulations.