Award

Cloud-based payment service that securely manages the submission of BACS files for payments to bank accounts

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

22 May 2024 at 14:41

Summary of the contracting process

The City of London Corporation has awarded a contract for a cloud-based payment service to Bottomline Technologies. The procurement stage was an open procedure and the contract value is £81,938.88 GBP. The contract period is from May 14, 2024, to May 13, 2026, with the tender period ending on May 1, 2024. The service falls under the category of information systems or technology planning services, with the delivery address specified as London, United Kingdom.

This tender for a cloud-based payment service presents business growth opportunities for companies providing technology planning services. Businesses that specialise in managing BACS files for payments and Direct Debit collections could be well-suited to compete. The contract, awarded by the City of London Corporation in London, offers a lucrative opportunity in the services sector, with a clear timeline and specifications for interested bidders.

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Notice Title

Cloud-based payment service that securely manages the submission of BACS files for payments to bank accounts

Notice Description

Bottomline PT-X(R) is a third-party cloud-based payment service that securely manages the submission of BACS files for making business critical payments to bank accounts for example payroll, suppliers etc, collecting payments by Direct Debit for example Business Rates, Council Tax etc and AUDDIS to electronically setup/amend Direct Debit instructions

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87839c2f-7aa5-4585-b2ad-a054cada0610
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae9e26fb-e35a-4199-a593-a0f5cea8c9dc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222200 - Information systems or technology planning services

Notice Value(s)

Tender Value
£81,938 Under £100K
Lots Value
Not specified
Awards Value
£81,938 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20241 years ago
Submission Deadline
1 May 2024Expired
Future Notice Date
Not specified
Award Date
6 May 20241 years ago
Contract Period
13 May 2024 - 13 May 2026 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
CITY OF LONDON CORPORATION
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
EC2V 7HH
Post Town
Central 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
TLI London

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BOTTOMLINE TECHNOLOGIES

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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