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Early Payment Scheme Initative

Bristol City Council

This public procurement record has 1 release in its history.

Award

03 Sep 2026 at 15:29

Award Notice
Summary of the contracting process

Bristol City Council commissioned services for an Early Payment Scheme Initiative. The requirement falls within accounting, auditing and fiscal services, with an additional focus on financial management consultancy. In practical terms, the work concerns financial and consultancy support associated with an early payment scheme. The buying organisation is Bristol City Council, and delivery covers England. This is a services procurement rather than a purchase of goods or construction works. The requirement is relevant to firms providing accounting or audit services, fiscal advice, financial management consultancy, or related support for public-sector payment and finance initiatives. The procurement was intended to be suitable for small and medium-sized enterprises, and the selected supplier, Oxygen Finance Limited, is recorded as an SME.

The procurement has been completed and awarded through a direct award. The submission deadline was 30 July 2026 at 12:00. Bristol City Council awarded the contract to Oxygen Finance Limited on 14 August 2026 for £460,000 including the stated GBP currency. The contract runs from 1 September 2026 to 31 August 2028. The award is active and covers the full Early Payment Scheme Initiative requirement. The procurement records accounting, auditing and fiscal services as the main classification, with financial management consultancy as an additional classification. The published process does not set out a comparative scoring basis; the recorded route was direct award. The contract value and period are also reflected in the award outcome.

For suppliers that did not win this procurement, the award demonstrates that Bristol City Council purchases specialist financial services for an early payment scheme at a substantial public-sector scale. A credible future competitor would need demonstrable expertise in accounting, auditing and fiscal services, combined with financial management consultancy capability. Experience of designing, supporting or operating payment-related financial initiatives would be commercially relevant to this buyer’s requirement. The procurement was suitable for SMEs, showing that a smaller specialist firm can be an appropriate supplier profile. Competitors should also understand how to present a focused public-sector financial solution through a direct-award route, while showing the capacity and professional credibility needed to support the council’s scheme throughout its operation.

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Notice Information

Notice Title

Early Payment Scheme Initative

Notice Description

Early Payment Scheme Initiative

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5a79f718-7a25-4a5a-8e6c-eb0b55cd3f9c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/09ad970d-4d6a-4599-9cc5-7d3ccf332111
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79200000 - Accounting, auditing and fiscal services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£460,000 £100K-£500K
Lots Value
Not specified
Awards Value
£460,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Aug 20261 months ago
Contract Period
1 Sep 2026 - 31 Aug 2028 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
Bristol City Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS3 9FS
Postcode Area
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Bristol, City of
Electoral Ward
Bedminster
Westminster Constituency
Bristol South

Supplier Information

Number of Suppliers
1
Supplier Name

OXYGEN FINANCE LIMITED

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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