Award

Experian DWP Bank Wizard 2021_23

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

30 Apr 2021 at 14:21

Summary of the contracting process

The procurement process for the "Experian DWP Bank Wizard 2021_23" contract is led by the Department for Work and Pensions (DWP), which operates out of Manchester, England. This contract, classified under the software package and information systems industry, involves providing a Bank Account Validation & Verification service for DWP's on-premise and hosted solutions. The procurement method used was a direct contract, awarded as a single tender action below threshold, with a value of £1,497,774.71. The contract period spans from April 1, 2021, to March 31, 2023, following a tender period that closed on March 1, 2021. The contract has been marked as complete as of the publication date on April 30, 2021.

This tender represents a significant opportunity for businesses specialising in software solutions and information systems. Companies that can provide comparable validation and verification services, particularly those capable of supporting governmental organisations, would be well-suited to pursue similar contracts in the future. Given the scale and nature of the award, larger firms with established capabilities in compliance and verification technology are likely to excel, while also providing an avenue for innovative approaches from smaller or niche technology providers seeking to enter the public sector market.

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Notice Title

Experian DWP Bank Wizard 2021_23

Notice Description

Experian Bank Wizard Bank Account Validation & Verification service for DWP On-Premise and Experian Hosted solution - Subscription & maintenance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ca44af2-f64d-4b84-8be8-edb9e7f1212f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a2378f47-d427-46bc-a14f-5de1a6e1e83a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£1,497,774 £1M-£10M
Lots Value
Not specified
Awards Value
£1,497,774 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20214 years ago
Submission Deadline
1 Mar 2021Expired
Future Notice Date
Not specified
Award Date
31 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2023 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
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
MANCHESTER
Postcode
M2 3AA
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

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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