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Payment System

Financial Services Compensation Scheme Limited

This public procurement record has 1 release in its history.

Award

20 Oct 2023 at 20:36

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme Limited has awarded a contract for a Payment System under the classification of Financial Information Systems. The tender, titled "PTX & Treasury Express Subscription Service for both Cheques and BACS payment," had a value of £318,669. The procurement method used was selective, involving a call-off from a framework agreement. The contract period is from September 1, 2023, to August 31, 2025, with the tender period ending on August 30, 2023. The buying organization is located in London, England.

This procurement opportunity for a Payment System is suitable for businesses providing services in the financial sector. Small and medium-sized enterprises, as well as voluntary, community, and social enterprises, are encouraged to participate. Bottomline Technologies Limited was awarded the contract, highlighting opportunities for established businesses in the industry category of financial information systems. With the contract already awarded, businesses can explore potential collaborations and growth prospects within the specified contract period.

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Notice Information

Notice Title

Payment System

Notice Description

PTX & Treasury Express Subscription Service for both Cheques and BACS payment Additional information: This includes the option to extend for a further 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1e2befe4-fa27-41a7-8fb8-a37483520ff0
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
£318,669 £100K-£500K
Lots Value
Not specified
Awards Value
£318,669 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Oct 20232 years ago
Submission Deadline
30 Aug 2023Expired
Future Notice Date
Not specified
Award Date
6 Oct 20232 years ago
Contract Period
1 Sep 2023 - 31 Aug 2025 2-3 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
Financial Services Compensation Scheme Limited
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
EC3A 7QU
Postcode Area
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
Not specified
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Bottomline Technologies 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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