CitA Grant for the Administration of Debt Relief Orders (360G-cabinetoffice-G2-GA-2024021271628-22-23)

The administration of c. 3,651 Debt Relief Orders (DROs) by Competent Authorities within the debt sector in England.The Financial Guidance and Claims Act 2018 which established MaPS requires MaPS to have regard for those most in need. DROs are a critical debt solution for many who fall into that category and tend to be used by very low-income clients and often those in vulnerable circumstances. Most debt advice agencies who process DROs (as Competent Authorities) undertake a significant administrative effort which is currently underfunded.

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Grant Details

Allocation Method General grants - Un-competed
Amount Awarded 607000
Award Authority Act: Authority Act Name The Financial Guidance and Claims Act 2018
Award Date 2022-03-20T00:00:00+00:00
Award type Organisation
From An Open Call? No
Grant Programme: Code G2-SCH-2024-02-13420
Grant Programme: Title ALB - MaPS - Grants for the Administration of Debt Relief Orders
Last Modified 2024-02-09T00:00:00Z
Managed by: Organisation Name Money and Pensions Service
Number of recipients 1
Recipient Org: Charity Number 279057
Recipient Org: City LONDON
Recipient Org: Company Number 01436945
Recipient Org: Country United Kingdom
Recipient Org: Postal Code EC1A4HD
Recipient Org: Street Address 200 ALDERSGATE STREETLONDON