Award

Bank Validation and Verification Service (2026-2029)

DWP

This public procurement record has 1 release in its history.

Award

02 Apr 2026 at 16:12

Summary of the contracting process

The procurement process involves the Department for Work & Pensions (DWP) as the buying organisation, with the title "Bank Validation and Verification Service (2026-2029)" under the industry category of Software package and information systems. This contract, which is in the award stage, was initiated to provide validation and verification services for UK and international payment account details. The contract period begins on 1st April 2026 and ends on 31st March 2029. DWP, based in Blackpool, has opted for a selective procurement method involving a call-off from a framework agreement. The procurement process, worth GBP 4,949,010, covers various locations, including British Overseas Territories, Channel Islands, Isle of Man, and the United Kingdom.

This tender presents significant opportunities for businesses, especially those specialising in software and information systems, to engage with a large-scale government project through Experian Limited's award. The tender is particularly suitable for SMEs, providing an avenue for smaller enterprises to partner and grow within the public sector. Companies capable of delivering precise verification and validation solutions are well-suited to compete for this type of opportunity, contributing to the enhancement of operational efficiencies in financial accuracy and identity verification on a substantial geographical scale. The selective procurement approach allows businesses with a robust track record and existing framework agreements to participate in this lucrative service provision.

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Notice Title

Bank Validation and Verification Service (2026-2029)

Notice Description

The contract is for the provision of validation services for UK and international payment account details to ensure the accuracy of payment data, and verification services to support claimants' identity verification.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49755fc1-7633-47d5-a488-d20d2478bea2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a904bee5-8cb1-44a6-80b0-9a6ab989cdd2
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£4,949,010 £1M-£10M
Lots Value
Not specified
Awards Value
£3,711,960 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Apr 2026Yesterday
Submission Deadline
5 Mar 2026Expired
Future Notice Date
Not specified
Award Date
29 Mar 20265 days ago
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 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
DWP
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
Not specified

Local Authority
Blackpool
Electoral Ward
Stanley
Westminster Constituency
Blackpool South

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

Further Information

Notice Documents

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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