Award

Digital Asset Management Platform

MONEY AND PENSIONS SERVICE

This public procurement record has 1 release in its history.

Award

11 Mar 2026 at 11:38

Summary of the contracting process

The Money and Pensions Service has recently concluded the procurement process for a Digital Asset Management Platform. This service falls under the 'Software package and information systems' industry category and is based in the South East region of the United Kingdom. The procurement method adopted was a 'limited' competitive quotation, signalling a below threshold procurement strategy. The award was published on 11th March 2026, with the tender being awarded on 10th March 2026. The contract spans from 16th March 2026 to 15th March 2028, representing an active procurement stage with the awarding of the contract to Bynder Limited, an SME. The procurement process has transitioned from its tender stage, with the award details having been published as part of the completion process.

This contract presents growth opportunities for SMEs and businesses involved in software and information systems, particularly those able to provide digital asset management solutions. The competitive nature of the quotation method suggests that the procurement was suitable for entities with agile and innovative offerings within this sector. With a total award value of £180,080, businesses with existing expertise and reputation in digital solutions and asset management, like Bynder Limited, are well-positioned to leverage this opportunity to expand their services and establish long-term partnerships with organisations such as the Money and Pensions Service. This procurement also highlights the potential for collaborations that can enhance digital infrastructure within the public service domain, specifically catering to the needs of the Money and Pensions Service.

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Notice Title

Digital Asset Management Platform

Notice Description

Digital Asset Management Tool

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8a655ee9-61b4-48d6-a952-990bc06329d2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ecf00dd8-2a71-4cb2-9b81-bf5e2b97f574
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

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
£118,080 £100K-£500K
Lots Value
Not specified
Awards Value
£180,080 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20263 days ago
Submission Deadline
2 Mar 2026Expired
Future Notice Date
Not specified
Award Date
10 Mar 20265 days ago
Contract Period
16 Mar 2026 - 15 Mar 2028 2-3 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
MONEY AND PENSIONS SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BEDFORD
Postcode
EC1N 2TD
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLJ South East (England)

Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

BYNDER

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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