Award

BACS Payment System 'PTX'

THE BIG LOTTERY FUND

This public procurement record has 1 release in its history.

Award

15 May 2018 at 09:52

Award Notice
Summary of the contracting process

The Big Lottery Fund is overseeing the procurement for the BACS Payment System 'PTX', which facilitates bulk processing of Funds BACS payments. This procurement falls under the services industry category and is located in the West Midlands, United Kingdom. The procurement process is now in the Award stage, with the contract awarded on 28th November 2017 and running from 1st February 2018 until 31st January 2021. The procurement method used was a direct approach, specifically a single tender action below threshold, with a contract value of £12,240.

This tender presents significant opportunities for businesses involved in transaction-processing software packages, particularly those that are small and medium enterprises (SMEs). Companies specialising in payment processing solutions or those developing financial software would find this contract well-suited for competition. Engaging with the Big Lottery Fund could not only enhance their market presence but also facilitate potential collaborations on similar future projects.

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Notice Information

Notice Title

BACS Payment System 'PTX'

Notice Description

Service which processes the Funds BACS payments in bulk.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c716f011-fce1-47fc-a7c3-c851d37eb2e3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d3f87a8d-a1df-4849-bff9-397f26c79641
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48217000 - Transaction-processing software package

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£12,240 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20187 years ago
Submission Deadline
3 Oct 2017Expired
Future Notice Date
Not specified
Award Date
28 Nov 20178 years ago
Contract Period
1 Feb 2018 - 31 Jan 2021 3-4 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
THE BIG LOTTERY FUND
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
EC4A 1DE
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
TLG West Midlands (England)
Local Authority
City of London
Electoral Ward
Castle Baynard
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)

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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