Tender

Confirmation of Payee

HM REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Tender

26 Feb 2021 at 14:40

Summary of the contracting process

HM Revenue & Customs is seeking tenders for the "Confirmation of Payee" service aimed at simplifying bank transactions for its customers. This contract falls under the category of financial consultancy and transaction processing, with a total value of £9,000,000. The tender is currently in the active stage and is being conducted through an open procurement method. The tender period will conclude on 29th March 2021, with the contract anticipated to start on 24th June 2021 and run until 21st June 2024. The services are required across various delivery locations, including the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for businesses specialising in financial services, particularly those focused on transaction processing and consultancy. Small and medium-sized enterprises (SMEs) are encouraged to participate, given the suitability classification. Companies equipped to streamline financial operations or those with innovative solutions in payment services will likely find this tender aligns with their offerings, enabling them to expand their market presence and forge a partnership with a government authority.

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Notice Title

Confirmation of Payee

Notice Description

The Authority has identified a requirement for the provision of confirmation of payment services in order to enable our customers to easily make bank transactions to and from the Authority.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-581cad79-cdf1-418c-bc66-fc9611a1d398
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e9fc9b83-fa70-48f2-a184-bd2fc096ba9e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

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
£9,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 20214 years ago
Submission Deadline
29 Mar 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
23 Jun 2021 - 21 Jun 2024 2-3 years
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
HM REVENUE & CUSTOMS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

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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