Tender

Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

CROWN COMMERCIAL SERVICE

This public procurement record has 3 releases in its history.

TenderAmendment

07 Apr 2025 at 14:12

TenderAmendment

19 Dec 2023 at 12:51

Tender

08 Dec 2023 at 12:39

Summary of the contracting process

The Crown Commercial Service (CCS) is initiating a procurement process for an agreement entitled "Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS." This contract, which falls under the financial and insurance services category, aims to support the growth and development of the Open Banking market in the United Kingdom. The procurement stage is active, with the supplier onboarding expected to start in late July 2025 and the system anticipated to go live in Autumn 2025. This Dynamic Purchasing System (DPS) will remain open for supplier onboarding over the next 8 years, facilitating various services such as Digital Payments, Account Information Services, and Confirmation of Payee (CoP) Services. The contract’s significant value is estimated at £800,000,000, with an end date of 7th January 2032, following a start date of 8th January 2032.

This tender presents substantial opportunities for businesses involved in the financial and digital payments sectors, particularly those offering innovative Open Banking services. It is designed to cater to Small and Medium Enterprises (SMEs) and Voluntary, Community, and Social Enterprises (VCSEs), encouraging wide participation from diverse organisations. By engaging in this dynamic purchasing system, businesses can significantly expand their market reach within the public sector, showcasing their expertise in digital payment solutions, account information management, and confirmation services. Companies well-versed in these areas can leverage this opportunity to foster long-term growth and establish robust partnerships with central government and the wider public sector.

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Notice Title

Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

Notice Description

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector. The Agreement will be a Dynamic Purchasing System (DPS). This will be called RM6301: Open Banking DPS (Data, Digital Payments and Confirmation of Payee Services). This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to: Digital Payment Services Account Information Services Confirmation of Payee (CoP) Services This will be the first agreement for Open Banking Services CCS has developed. We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn. The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration. Additional information: Please note the Closing Date, Contract Start Date and Contract End Date have been manipulated to support compatibility system issues. However please refer to the contract notice for the correct dates, timelines etc.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1afd5d91-8f0a-4299-a31c-3d62db3cd6a5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d7d25e48-faf9-4d7f-b4df-e6e1660559bd
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£800,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 202510 months ago
Submission Deadline
7 Jan 20326 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Jan 2032 - 9 Jan 2032 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CROWN COMMERCIAL SERVICE
Contact Name
David Beagan
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
+44 3150103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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