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Digital Payment Services - Payments as a Service - Bacs Payment Fulfilment

Department for Work and Pensions

This public procurement record has 1 release in its history.

Award

23 Jul 2026 at 09:11

Award Notice
Summary of the contracting process

The Department for Work and Pensions procured a secure, scalable, cloud-based Payments as a Service solution for Bacs payment fulfilment. The service is intended to modernise DWP’s integration with the Bacs payment scheme while meeting requirements for resilience, operational control and reliable payment processing. The solution must comply with ISO 20022, the international standard for electronic financial messaging, and support the department’s digital payment operations. This is a financial transaction processing and clearing-house service, classified under CPV 66172000. The buying organisation is the Department for Work and Pensions, with delivery across the United Kingdom. The requirement is categorised as a service and is suitable for small and medium-sized enterprises, making it relevant to specialist payment technology, banking infrastructure and cloud service providers.

This procurement has been awarded following a selective call-off from a framework agreement. The contract was awarded to Form3 UK Limited on 17 July 2026 for £7,843,000 including the stated contract value. The contract period runs from 20 July 2026 to 19 July 2031. The tender submission deadline was 16 December 2025 at 12:00 UTC. The process is complete and the award is active. Evaluation was conducted through the framework call-off procedure for the specified secure, scalable, ISO 20022-compliant cloud payment service. Form3 UK Limited is the selected supplier. The requirement covers the full service rather than separately identified lots, with the contract focused on Bacs payment fulfilment and DWP’s resilience, control and operational needs.

This award demonstrates demand from a major UK government department for managed payment infrastructure that can process Bacs transactions securely and reliably at departmental scale. Suppliers well placed for comparable work would combine cloud-native Payments as a Service capability with strong financial-sector controls, ISO 20022 expertise and proven integration with payment schemes or banking platforms. Credibility would also depend on demonstrable resilience, operational monitoring, service continuity, security, data protection and controlled change management. Providers should be able to support a public-sector client with clear governance, auditability and dependable day-to-day operations, while scaling payment processing without compromising control. The opportunity is particularly relevant to specialist fintechs and other SMEs with mature platforms, regulated-environment experience and the capacity to deliver critical payment services across the United Kingdom.

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Notice Information

Notice Title

Digital Payment Services - Payments as a Service - Bacs Payment Fulfilment

Notice Description

Procurement of a secure, scalable, ISO20022 compliant, cloud-based Payments as a Service (PaaS) solution that will enable DWP to modernise its integration with the Bacs scheme, while meeting the department's resilience, control, and operational requirements.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba87b80c-8344-4fc5-be22-2282e4ce32e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7af6ca65-8f2a-40f9-9695-35ab56204843
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£7,843,000 £1M-£10M
Lots Value
Not specified
Awards Value
£7,843,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Jul 20262 months ago
Contract Period
20 Jul 2026 - 19 Jul 2031 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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
LONDON
Postcode
SW1H 9NA
Postcode Area
South West 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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Form3 UK Limited

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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