Award

GB-London: Payment Services

PEABODY TRUST

This public procurement record has 1 release in its history.

Award

24 Sep 2025 at 14:30

Summary of the contracting process

The Peabody Trust, a prominent buyer located in London, has completed a procurement process for payment services under the Procurement for Housing Electronic Payment Systems Framework. The awarded contract, titled "GB-London: Payment Services," falls under the financial consultancy and transaction processing services industry category. The procurement process reached its award stage on 24th September 2025. The contract, valued at approximately £1,902,954, is scheduled to commence on 1st October 2025 and conclude on 30th September 2028. The procurement method was not specified in the documentation.

This awarded contract offers significant business growth opportunities for large-scale enterprises specialising in financial consultancy, transaction processing, and clearing-house services. While suitable for large firms, it is less tailored to SMEs and VCSEs. The contract will be delivered in London and has been secured by PayPoint Network Limited, a reputable supplier in the industry, providing an excellent opportunity for businesses within a large supply chain to partner and expand their reach in the financial services domain.

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Notice Title

GB-London: Payment Services

Notice Description

This is a notification of an award of contract under the Procurement for Housing Electronic Payment Systems Framework for payment services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49aa8370-0503-4ec9-8db4-28386b5b29ba
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8c438dea-2212-4c26-a17a-9d37426b684e
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
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£1,902,954 £1M-£10M
Lots Value
Not specified
Awards Value
£1,902,954 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Sep 20255 months ago
Submission Deadline
23 Sep 2025Expired
Future Notice Date
Not specified
Award Date
4 Aug 20256 months ago
Contract Period
30 Sep 2025 - 30 Sep 2028 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
PEABODY TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

PAYPOINT NETWORK

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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