Award

SaaS Bank Transation Validation Contract Awarded

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

04 Jul 2018 at 12:46

Summary of the contracting process

The Department for Work and Pensions has awarded a contract titled "SaaS Bank Transaction Validation Contract" for the provision of a software as a service solution. This contract, valued at £150,000, falls under the industry category of software package and information systems and is part of a selective procurement process through a call-off from a framework agreement. The contract period commenced on 29 June 2018 and will conclude on 28 June 2019. The award was published on 4 July 2018, following the completion of the tender period, which ended on 18 June 2018. The services will be delivered in various locations, including the United Kingdom and overseas territories.

This tender represents a significant opportunity for businesses in the software and technology sector, especially those offering solutions for fraud detection and payment validation. Companies with expertise in API development and modular software tools may find this contract particularly relevant. While the awarded supplier, CallCredit Limited, has secured this contract, upcoming opportunities stemming from ongoing engagements in similar domains may arise, making it critical for innovative service providers to monitor related procurements to enhance their competitive positioning.

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Notice Title

SaaS Bank Transation Validation Contract Awarded

Notice Description

This is a software as a service solution for a hosted, API/modular tool that enables pension payments to be validated against account details to determine if fraud/error is occurring.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8c0b63a0-8f79-4bcf-b045-73ead0d66019
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/548b15b0-8e7e-40c4-b59e-d1226d69c858
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20187 years ago
Submission Deadline
18 Jun 2018Expired
Future Notice Date
Not specified
Award Date
17 Jun 20187 years ago
Contract Period
28 Jun 2018 - 28 Jun 2019 6-12 months
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
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

Supplier Information

Number of Suppliers
1
Supplier Name

CALLCREDIT

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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