Award

Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

26 Jan 2024 at 08:54

Summary of the contracting process

The Department for Work and Pensions awarded a contract for the "Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024" project to TransUnion International UK Limited. The procurement method used was selective, with a minimum contract value of £660,882.22 and a total contract value of £1,982,646.66. The contract period is from March 27, 2023, to March 27, 2024. The procurement stage was in the award phase, and the tender deadline was March 26, 2023. The project falls under the main procurement category of services and is located in North West, United Kingdom.

This contract opportunity with the Department for Work and Pensions could be beneficial for businesses offering IT services, consulting, software development, Internet, and support. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are particularly suited to compete. Businesses interested in providing validation and verification solutions for pension payment bank accounts may find this tender suitable. Companies looking to collaborate through call-off from a framework agreement should consider engaging in similar procurement processes to expand their business opportunities.

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Notice Title

Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024

Notice Description

Validation and verification of pension payment bank accounts. Additional Truvalidate KBA Module -questions/checks for those that fail the initial validation and verification.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8f473b8b-3c9e-4f30-84cb-b47f9c080979
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£1,982,646 £1M-£10M
Lots Value
Not specified
Awards Value
£660,882 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20242 years ago
Submission Deadline
26 Mar 2023Expired
Future Notice Date
Not specified
Award Date
26 Mar 20232 years ago
Contract Period
26 Mar 2023 - 27 Mar 2024 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Not specified
Contact Email
cddigital.crcfteam@dwp.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BLACKPOOL
Postcode
FY4 5ES
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD42 Blackpool
Delivery Location
TLD North West (England)

Local Authority
Blackpool
Electoral Ward
Stanley
Westminster Constituency
Blackpool South

Supplier Information

Number of Suppliers
1
Supplier Name

TRANSUNION INTERNATIONAL

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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