Award

Pay360

THE PENSIONS REGULATOR

This public procurement record has 1 release in its history.

Award

27 Jul 2021 at 10:59

Award Notice
Summary of the contracting process

The Pensions Regulator, located in Brighton, has completed the procurement process for the 'Pay360' project. This tender, categorised under IT services, entails providing a suite of systems for payment processing and management over a three-year contract, with options for two extensions of up to 12 months each. The procurement method utilised was selective, based on a framework agreement, and had a minimum contract value of £18,942.58, culminating in a final value of £568,277.74. The contract is effective from 23rd July 2021 until 22nd July 2024. Key dates include the tender period end on 15th July 2021 and the award announcement on 16th July 2021.

This tender presents significant growth opportunities for companies specialising in IT services, specifically those offering payment solutions and software development. Businesses with expertise in secure payment systems, customer support, and compliance with regulatory frameworks would be particularly well-suited to compete for similar future contracts. The Pensions Regulator's ongoing need for advanced payment technologies and related support services creates a conducive environment for providers in this industry.

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Notice Information

Notice Title

Pay360

Notice Description

For the suite of systems provided by Pay360 as well as the support and maintenance. Pay360 provides TPR for our AE services with an AXIS (Card and Refund System) AIM (Income Management software which allows us to reconcile payments to penalties that are received in TPR's bank account for AE) and Touchtone payments facility and the online payment gateway (Allowing Employers/Representatives to make payment to TPR for AE Fines). Secure payment services on a 3 year contract with an option to extend by TPR for two periods of up to 12 months each. Touch tone licence, Internet Payment licence, IP & TT multilingual license (Welsh version), and IP ITL/CMS Licences (FOC).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-550a875b-13c5-48fe-abf0-b5664a059777
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/330a6190-02f0-4568-9bc5-c7cc0b84babb
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
Not specified
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
£568,277 £500K-£1M
Lots Value
Not specified
Awards Value
£568,277 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20214 years ago
Submission Deadline
15 Jul 2021Expired
Future Notice Date
Not specified
Award Date
15 Jul 20214 years ago
Contract Period
22 Jul 2021 - 22 Jul 2024 3-4 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
THE PENSIONS REGULATOR
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIGHTON
Postcode
BN1 4DW
Post Town
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
Not specified
Local Authority
Brighton and Hove
Electoral Ward
West Hill & North Laine
Westminster Constituency
Brighton Pavilion

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITA BUSINESS SERVICES

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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