Planning

GRACE Replacement for FTR

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Planning

24 Jul 2018 at 10:27

Market Engagement Notice
Summary of the contracting process

The procurement process titled "GRACE Replacement for FTR" is being conducted by H M Revenue & Customs, focusing on services furnished by business, professional, and specialist organisations. Currently in the planning stage, the process aims to replace the existing Government Banking Service (GBS) contract, which expires in 2020. An early engagement notice has been published, with a key milestone, the engagement end date, set for 3rd August 2018. The delivery of services is likely to occur in the South East of England.

This tender presents significant opportunities for businesses with expertise in large-scale cash management operations, particularly those familiar with banking data formats such as SWIFT and BAI2. Companies that can offer strong analytical skills and experience in converting business requirements into formal tender specifications will be well-suited to compete. Notably, small and medium-sized enterprises are encouraged to participate in this re-procurement exercise, which aims to refresh GBS's service requirements in collaboration with stakeholders and industry developments.

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Notice Information

Notice Title

GRACE Replacement for FTR

Notice Description

The Government Banking Service (GBS) currently have a contract with a 3rd party provider to support their provision of Government cash management, which expires in 2020. GBS are embarking upon a re-procurement exercise to replace this service. As part of this re-procurement we want to refresh the business requirement * in partnership with stakeholders * take advantage of industry developments since the last procurement exercise and * gain knowledge of how other external organisations deliver and/or manage large scale cash management operations. The replacement service must be fit for purpose, value for money and future proofed. GBS would like to engage external expertise who will have experience in some of the following areas: a) large scale/complex cash management operations seen in other corporates or government organisations b) banking data formats i.e. SWIFT, BAI2, impact of ISO20022. c) strong analytical skills d) turning business requirements into ITT specifications The service provider(s) will be required to support GBS and other stakeholders in robust requirement development and participate in early market engagement in advance of the formal procurement process.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c726c9de-5805-4e46-b630-673e4e25bbaf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c686769-8feb-4533-99b3-2ccda7c6074f
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services

CPV Codes

98110000 - Services furnished by business, professional and specialist organisations

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20187 years ago
Submission Deadline
Not specified
Future Notice Date
3 Aug 2018Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
H M REVENUE & CUSTOMS
Contact Name
Valerie Sharrocks
Contact Email
valerie.sharrocks@hmrc.gsi.gov.uk
Contact Phone
03000587850

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
TLJ South East (England)
Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

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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