Award

DWP Overseas Payment Service (Pass-Through)

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 3 releases in its history.

AwardUpdate

23 Aug 2022 at 10:53

Award Notice
AwardUpdate

09 Dec 2021 at 16:44

Award Notice
Award

09 Dec 2021 at 16:26

Award Notice
Summary of the contracting process

The Department for Work and Pensions has completed a procurement process for the DWP Overseas Payment Service (Pass-Through) under the banking services category. The contract, valued at £106,400 GBP, was awarded to Vocalink International Limited. The tender had a deadline of 30th November 2021, and the contract period is from 1st December 2021 to 31st March 2024.

This procurement opportunity presents business growth prospects, especially for companies providing financial and banking services. Small and medium-sized enterprises (SMEs) are well-suited to compete in this tender, as the Department for Work and Pensions has a focus on SME suitability. The direct award procurement method was used for this contract, creating an opportunity for businesses to engage directly with the buying organisation without a competitive bidding process.

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Notice Information

Notice Title

DWP Overseas Payment Service (Pass-Through)

Notice Description

The services are to provide the connectivity to enable the secure transmission of the overseas payment file from the DWP estate to Citibank (the Overseas Bulk fx supplier) via the BACS Infrastructure Additional information: Contract Award Form and the Schedules

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-210fd6b7-3228-49b2-bd99-7cb2b80df1e0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3339ab90-f7e7-4005-9508-040db90d1a58
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£106,400 £100K-£500K
Lots Value
Not specified
Awards Value
£106,400 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Aug 20223 years ago
Submission Deadline
30 Nov 2021Expired
Future Notice Date
Not specified
Award Date
30 Nov 20214 years ago
Contract Period
1 Dec 2021 - 31 Mar 2024 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Lydia Chung
Contact Email
lydia.chung@dwp.gov.uk
Contact Phone
+442045628769

Buyer Location

Locality
LEEDS
Postcode
LS2 7UA
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

VOCALINK INTERNATIONAL

Further Information

Notice Documents

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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