Planning

Cash Disbursement - Prior Information Notice

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 2 releases in its history.

Planning

24 Jul 2023 at 13:58

Planning

20 Jul 2023 at 15:40

Summary of the contracting process

The Department for Work and Pensions is planning a tender process for a cash disbursement service to support UK & NI citizens. The process includes engaging with market operators to assess market suitability, understand available services, and identify innovations for cash disbursement. Interested parties can attend a pre-market engagement event scheduled for 2 August 2023. DWP is considering a service proposition that involves regulatory standards compliance and collaboration with other government departments.

This tender presents an opportunity for businesses providing banking services, financial consultancy, and administration services to participate in a potential future procurement. Small and medium enterprises as well as voluntary, community, and social enterprise organisations are encouraged to engage. The engagement deadline is 31 March 2024. Businesses interested in this tender should consider the regulatory standards expected by DWP and the collaborative nature of the service proposition.

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Notice Title

Cash Disbursement - Prior Information Notice

Notice Description

The purpose of this PIN is to inform market operators of a potential future exercise to procure services supporting national UK & NI cash disbursement. This PIN is to seek insight from market operators to assess market suitability, support DWP's understanding of the available services, and identify market innovations that support cash disbursement to unbanked citizens. We invite market operators to attend a pre-market engagement event planned for 2/8/2023. This will be recorded and can be viewed by market operators unable to attend the live event (available until 20/8/23). In addition, we would like to offer interested parties a follow up 1-1 session to allow market operators to provide further insight to DWP. If operators are interested, in a 1-1 session please notify DWP through the provided address, this option again can be considered at a later date (until 25/8/23) once market operators have viewed the recorded event. A further Prior Information Notice may be issued should DWP proceed to a procurement, however market operators should be aware DWP is not committed to or guarantees a procurement at this stage. DWP reserves the right to withdraw or amend the intentions of this Prior Information Notice at any time. Any costs incurred in attending the pre-market engagement or 1-1 sessions will be borne by the market operator. DWP is considering at this time a service proposition that includes DWP alongside other government departments including Department for Communities. The service most would likely need to be assured to regulatory standards, including Financial Conduct Authority (FCA) and all payment industry standards. Additional information: DWP would like to invite representatives from organisations to attend a presentation which provides information on the potential service and expectations of DWP. This presentation will be recorded and can be viewed by market operators unable to attend the live event until 20/8/23. DWP would like to offer interested parties a follow up 1-1 session (up to 25/8/23) to allow market operators to provide further insight to DWP. If operators are interested, please notify this is the case through the provided contact details. To register your interest for the event on 2/08/23, please contact by email: michael.gaynor1@dwp.gov.uk before 13:00 hours on 28/07/2023. Following registration of interest, we will follow up with event details closer to the date sent to the registered email.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-65f8fb18-d086-4f13-a164-b4d581cb98aa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/abdc6140-3b51-49bc-ba0c-d03e69f70144
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services


CPV Codes

66110000 - Banking services

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

75100000 - Administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20232 years ago
Submission Deadline
Not specified
Future Notice Date
31 Mar 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BLACKPOOL
Postcode
FY4 5ES
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD42 Blackpool
Delivery Location
Not specified

Local Authority
Blackpool
Electoral Ward
Stanley
Westminster Constituency
Blackpool South

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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