Award

Financial Transaction Processing

MINISTRY OF JUSTICE.

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Summary of the contracting process

The Ministry of Justice is conducting a procurement process for Financial Transaction Processing services, with the contract awarded to Liberata UK Ltd. This procurement, categorised under financial and insurance services, is active following its award on 27th September 2016. The contract period is set to commence on 1st January 2017 and will conclude on 31st December 2018. The tender period ended on 25th July 2016, and the services are expected to be provided across various locations, including the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for businesses specialising in financial services, particularly small and medium-sized enterprises (SMEs) that can deliver innovative and efficient transaction processing solutions. Companies focusing on technology-driven financial services or those with experience in public sector contracts may find this a beneficial position to bid for, contributing to further growth and expertise in the sector.

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Notice Title

Financial Transaction Processing

Notice Description

Financial Transaction Processing Service

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e3c4f11-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/463068d2-7e41-41a0-89e1-f11e243e47e0
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
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£16,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
25 Jul 2016Expired
Future Notice Date
Not specified
Award Date
26 Sep 20169 years ago
Contract Period
1 Jan 2017 - 31 Dec 2018 1-2 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
MINISTRY OF JUSTICE.
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
SW1H 9AJ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LIBERATA

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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