This public procurement record has 1 release in its history.

Award

26 Jun 2026 at 14:09

Summary of the contracting process

The Royal Borough of Kingston upon Thames is the buying organisation for a procurement process titled "Early Supplier Payment" in the category of financial and insurance services. This procurement was carried out through a direct award under the NEPO521 framework agreement and has been successfully completed. The contract, valued at £660,000, will run from 1st June 2026 to 31st May 2031, and is located within the United Kingdom, specifically in England. The procurement stage is currently at the award phase, with the contract having been awarded on 27th March 2026 and officially published on 26th June 2026. This initiative showcases the involvement of large-scale suppliers in the industry, with Oxygen Finance Limited being the supplier awarded this contract.

This tender presents significant opportunities for businesses that specialise in financial solutions, particularly those capable of engaging in direct awards under established framework agreements. However, small and medium-sized enterprises (SMEs) or voluntary, community and social enterprises (VCSEs) may find limited opportunities due to the procurement specifics that favour large entities. Businesses that excel in delivering financial services and have experience in long-term contracts can leverage such procurement to establish substantial relationships with public sector authorities, thereby expanding their portfolio and increasing their market presence within the financial and insurance services domain.

How relevant is this notice?

Notice Title

Early Supplier Payment

Notice Description

Direct award under NEPO521 framework agreement Contract 5 years

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ffd74286-0eba-4fd1-99d9-480c0a62df50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aa23426a-1f33-4e4c-bc88-ee4d6e2c83bc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£660,000 £500K-£1M
Lots Value
Not specified
Awards Value
£660,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jun 20262 weeks ago
Submission Deadline
27 Mar 2026Expired
Future Notice Date
Not specified
Award Date
27 Mar 20263 months ago
Contract Period
31 May 2026 - 31 May 2031 Over 5 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
THE ROYAL BOROUGH OF KINGSTON UPON THAMES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KINGSTON UPON THAMES
Postcode
KT1 1EU
Post Town
Kingston upon Thames
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Kingston upon Thames
Electoral Ward
Kingston Town
Westminster Constituency
Kingston and Surbiton

Supplier Information

Number of Suppliers
1
Supplier Name

OXYGEN FINANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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