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Provision of Foreign Currency SUpply to 2028

MINISTRY OF DEFENCE

This public procurement record has 1 release in its history.

Planning

28 Jul 2026 at 10:25

Planned Procurement Notice
Summary of the contracting process

The Ministry of Defence, located in Glasgow, Scotland, is initiating a procurement process for the "Provision of Foreign Currency Supply to 2028". This tender falls under the financial markets administration and foreign exchange services categories, with a significant contract value of £800,000,000. The procurement process is currently in the planning stage, with key locations including British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The planned contract period is from 1st September 2026 to 31st July 2028. The Ministry of Defence has issued a future opportunity notice, with a deadline for notice communication on 28th July 2026.

This tender presents a substantial opportunity for businesses specialising in financial markets and foreign exchange services who can manage large contracts over multiple years. Companies that have a solid track record in servicing large-scale government contracts and have the capability to deliver services globally would be particularly well-suited. Although the tender is not specifically designed for small and medium enterprises or voluntary, community and social enterprises, larger financial service providers or consortia with these capabilities should consider engaging in this lucrative opportunity.

How relevant is this notice?

Notice Information

Notice Title

Provision of Foreign Currency SUpply to 2028

Notice Description

Provision of Foreign Currency Supply to 2028

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a8d36f42-c973-4c03-9faf-d3199302b3c8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5a32cbf4-ef97-4de7-97e2-3355038fd101
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66150000 - Financial markets administration services

66180000 - Foreign exchange services

Notice Value(s)

Tender Value
£800,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jul 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
28 Jul 2026Expired
Award Date
Not specified
Contract Period
31 Aug 2026 - 31 Jul 2028 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF DEFENCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8EX
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
Not specified
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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