Award

Core Banking, Payment, Reporting and Business-to-Business Services

NS&I

This public procurement record has 1 release in its history.

Award

06 Feb 2025 at 17:49

Summary of the contracting process

The National Savings and Investments (NS&I) has awarded a contract to Atos IT Services UK Ltd for the continued provision and transformation of core banking and Government payment services. This agreement extends the original Business Process Outsourcing Agreement established in 2013 and will be in effect until March 2028, with a potential 12-month extension. Classification falls under the banking and investment services industry, and the project is based in London, covering multiple CPV classifications related to various banking and financial services. The procurement method utilised was a negotiated procedure without prior publication, and the contract period starts from 23 December 2024.

This tender opens significant opportunities for large-scale financial and IT services firms to engage in transformative banking services and support government payment infrastructures. Businesses specialising in banking technology, payment solutions, and financial process outsourcing are primely positioned to compete. Partnering in this extended high-value contract can provide substantial growth and long-term engagement with a major public sector client.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Core Banking, Payment, Reporting and Business-to-Business Services

Notice Description

A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/38c3f9c6-8c80-483e-a7de-c6e856124d72
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

66111000 - Central bank services

66112000 - Deposit services

66113000 - Credit granting services

66113100 - Micro-credit granting services

66114000 - Financial leasing services

66115000 - International payment transfer services

66120000 - Investment banking services and related services

66121000 - Mergers and acquisition services

66122000 - Corporate finance and venture capital services

66130000 - Brokerage and related securities and commodities services

66131000 - Security brokerage services

66131100 - Pension investment services

66132000 - Commodity brokerage services

66133000 - Processing and clearing services

66140000 - Portfolio management services

66141000 - Pension fund management services

66150000 - Financial markets administration services

66151000 - Financial market operational services

66151100 - Electronic marketplace retailing services

66152000 - Financial market regulatory services

66160000 - Trust and custody services

66161000 - Trust services

66162000 - Custody services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

66172000 - Financial transaction processing and clearing-house services

66180000 - Foreign exchange services

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£474,380,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20251 years ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
23 Dec 20241 years ago
Contract Period
23 Dec 2024 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NS&I
Contact Name
Jamie Thomas
Contact Email
jamie.thomas@nsandi.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 3BT
Post Town
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ATOS IT SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0-2025-02-06T17:49:56Z",
    "date": "2025-02-06T17:49:56Z",
    "ocid": "ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "24-X-01-166",
        "title": "Core Banking, Payment, Reporting and Business-to-Business Services",
        "description": "A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66100000",
            "description": "Banking and investment services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66110000",
                "description": "Banking services"
            },
            {
                "scheme": "CPV",
                "id": "66111000",
                "description": "Central bank services"
            },
            {
                "scheme": "CPV",
                "id": "66112000",
                "description": "Deposit services"
            },
            {
                "scheme": "CPV",
                "id": "66113000",
                "description": "Credit granting services"
            },
            {
                "scheme": "CPV",
                "id": "66113100",
                "description": "Micro-credit granting services"
            },
            {
                "scheme": "CPV",
                "id": "66114000",
                "description": "Financial leasing services"
            },
            {
                "scheme": "CPV",
                "id": "66115000",
                "description": "International payment transfer services"
            },
            {
                "scheme": "CPV",
                "id": "66120000",
                "description": "Investment banking services and related services"
            },
            {
                "scheme": "CPV",
                "id": "66121000",
                "description": "Mergers and acquisition services"
            },
            {
                "scheme": "CPV",
                "id": "66122000",
                "description": "Corporate finance and venture capital services"
            },
            {
                "scheme": "CPV",
                "id": "66130000",
                "description": "Brokerage and related securities and commodities services"
            },
            {
                "scheme": "CPV",
                "id": "66131000",
                "description": "Security brokerage services"
            },
            {
                "scheme": "CPV",
                "id": "66131100",
                "description": "Pension investment services"
            },
            {
                "scheme": "CPV",
                "id": "66132000",
                "description": "Commodity brokerage services"
            },
            {
                "scheme": "CPV",
                "id": "66133000",
                "description": "Processing and clearing services"
            },
            {
                "scheme": "CPV",
                "id": "66140000",
                "description": "Portfolio management services"
            },
            {
                "scheme": "CPV",
                "id": "66141000",
                "description": "Pension fund management services"
            },
            {
                "scheme": "CPV",
                "id": "66150000",
                "description": "Financial markets administration services"
            },
            {
                "scheme": "CPV",
                "id": "66151000",
                "description": "Financial market operational services"
            },
            {
                "scheme": "CPV",
                "id": "66151100",
                "description": "Electronic marketplace retailing services"
            },
            {
                "scheme": "CPV",
                "id": "66152000",
                "description": "Financial market regulatory services"
            },
            {
                "scheme": "CPV",
                "id": "66160000",
                "description": "Trust and custody services"
            },
            {
                "scheme": "CPV",
                "id": "66161000",
                "description": "Trust services"
            },
            {
                "scheme": "CPV",
                "id": "66162000",
                "description": "Custody services"
            },
            {
                "scheme": "CPV",
                "id": "66170000",
                "description": "Financial consultancy, financial transaction processing and clearing-house services"
            },
            {
                "scheme": "CPV",
                "id": "66171000",
                "description": "Financial consultancy services"
            },
            {
                "scheme": "CPV",
                "id": "66172000",
                "description": "Financial transaction processing and clearing-house services"
            },
            {
                "scheme": "CPV",
                "id": "66180000",
                "description": "Foreign exchange services"
            },
            {
                "scheme": "CPV",
                "id": "66190000",
                "description": "Loan brokerage services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1P 3BT"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "limited",
        "procurementMethodDetails": "Negotiated procedure without prior publication (above threshold)",
        "tenderPeriod": {
            "endDate": "2024-12-20T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-12-23T00:00:00Z",
            "endDate": "2028-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-231214",
            "name": "NS&I",
            "identifier": {
                "legalName": "NS&I"
            },
            "address": {
                "streetAddress": "Sanctuary Buildings, 20 Great Smith Street",
                "locality": "London",
                "postalCode": "SW1P 3BT",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Jamie Thomas",
                "email": "jamie.thomas@nsandi.com"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-01245534",
            "name": "Atos IT Services UK Ltd",
            "identifier": {
                "legalName": "Atos IT Services UK Ltd",
                "scheme": "GB-COH",
                "id": "01245534"
            },
            "address": {
                "streetAddress": "Mid City Place High Holborn London"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-231214",
        "name": "NS&I"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0-1",
            "status": "active",
            "date": "2024-12-23T00:00:00Z",
            "datePublished": "2025-02-06T17:49:56Z",
            "value": {
                "amount": 474380000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-01245534",
                    "name": "Atos IT Services UK Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-12-23T00:00:00Z",
                "endDate": "2028-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/38c3f9c6-8c80-483e-a7de-c6e856124d72",
                    "datePublished": "2025-02-06T17:49:56Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Click above to Apply (link to e-procurement portal)",
                    "url": "https://app.panacea-software.com/nsandi/"
                },
                {
                    "id": "3",
                    "documentType": "awardNotice",
                    "description": "Link to Find A Tender Service notice of award",
                    "url": "https://www.find-tender.service.gov.uk/Notice/002584-2025"
                }
            ]
        }
    ]
}