OPG Deputyship and Guardianship Surety Bonds

Description

The Authority is seeking to procure the provision of a service for surety bonds, for both deputyship bonds and guardianship (missing persons) bonds. The Surety Bonds requirement exists to safeguard individuals for whom a Deputy or Guardian has been appointed. In most cases, the Court of Protection requires Deputies or Guardians to provide a form of ‘security’ – a safeguard designed to protect the financial interests of individuals who lack capacity or who are missing. This security is typically provided in the form of a Surety Bond, which is guaranteed by an insurance company and remains standard practice under current legal arrangements. 
The requirement is for a sole supplier to deliver the Surety Bonds for Deputies and Guadian’s consisting of: 
Responsible and accountable for the end-to-end provision, administration and management of all Surety Bonds 
Compliant with statutory obligations 
There is an indicative launch date of September 2025, an indicative award date of November 2025 and Go Live date of March 2026. The proposed contract length will be for 6 years. Please note,
that all key decisions including budgets, contract length and dates are yet to be approved through internal governance and therefore may change.
This notice is for Information only and the Authority reserves the right to not proceed to tender. Additionally the Authority reserves the right to discontinue the tender process and not to award the contract.
The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement or the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding, and the Authority reserves the right at its absolute discretion to amend it at the time of issue or any further notices or at any other time.  The publication of this notice in no way obliges the Authority to commence any competitive tender process. Any contracts are subject to the relevant legal and Cabinet Office controls and policies. The Authority reserves the right to source items included through other means (e.g. an existing contract or framework).