Award

Payment Initiation and Account Information Services

HMRC

This public procurement record has 1 release in its history.

Award

01 Feb 2021 at 18:24

Summary of the contracting process

The procurement process initiated by HM Revenue & Customs (HMRC) is for the contract titled "Payment Initiation and Account Information Services." This contract falls within the financial consultancy sector, specifically concerning financial transaction processing and clearing-house services. Located in the United Kingdom, the procurement stage is currently complete, with an award already made. The contract, valued at £3,000,000, was signed on 30th December 2020 and is set for an initial period of 24 months, with a potential extension of 12 months. Interested suppliers must have registered with HMRC's procurement tool by the appropriate deadlines to be considered.

This opportunity could significantly benefit small and medium enterprises (SMEs) with expertise in banking services, financial information systems, and transaction processing. The selective procurement method includes a maximum of ten bidders progressing to the award stage, which will be determined by a set of criteria focusing on quality, management capability, data security, social value, and price. Companies capable of delivering innovative and user-friendly payment solutions, as well as those compliant with Financial Conduct Authority regulations and possessing connections to a high percentage of UK banks, are well-suited to engage in this tender.

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Notice Title

Payment Initiation and Account Information Services

Notice Description

The Authority has identified a requirement for the provision of Payment Initiation and Account Information Services in order to enable our customers to pay us by bank transfer using a secure, simple and efficient process as currently, our bank transfer journey is non-automated. It is anticipated that during the term of the contract Account Information Services may be required to deliver enhanced and tailored financial services therefore interested suppliers must have the ability to provide both services from the outset. The maximum number of bidders that will progress to the award stage will be 10.

Lot Information

Lot 1

HMRC is the UK's tax, payments and customs authority. We collect the money that pays for the UK's public services. Our strategic objectives to help us achieve this, and become a world-class organisation, are: *Maximise Revenues and bear down on avoidance and evasion; *Transform tax and payments for our customers; and *Design and deliver a professional, efficient and engaged organisation. Focussing on these objectives we want to use Payment Initiation Services to make it easy for our customers to pay us by bank transfer using a secure, simple and efficient process. Currently, our bank transfer journey is non-automated which can result in a high volume of customer errors which are resource intensive to rectify. By providing an innovative, well designed journey that can be populated with our numerous reference formats and HMRC bank accounts, with little effort from our customers, we believe we can encourage card payers to move to this more cost-effective method and subsequently reduce our payment associated costs significantly. Account Information Services will enable us to access appropriate customers' transactional data to deliver enhanced and tailored financial services for HMRC. It is anticipated that the AISP service may be required at some stage during the contract term, as a result interested suppliers must be able to provide both PISP and AISP from the outset. Bidders must be registered and authorised by Financial Conduct Authority and certified by and enrolled with the Open Banking Implementation Entity (OBIE). The supplier will be expected to have connection to a high percentage of UK banks, at minimum the CMA9. The service provider shall be able to: cope with the HMRC's peaks throughout the year and increased volumes during the contract period; implement delivery following Agile methods and within 6 weeks of award; provide a customer service helpline (telephone service) to contact the Supplier directly, at any time. The service provided shall be: compatible and interchangeable with all mobile devices and operating systems and shall perform seamlessly with Buyer's systems and / or applications; available 24x7x365(366) To participate please ensure you are registered at the link below as soon as possible at http://hmrc.supplier-eu.ariba.com/ad/register/SSOActions?type=full. As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact sapariba.hmrcsupport@hmrc.gov.uk (after first checking your spam in-box) notifying non-receipt and confirming when your registration request was first made. Once you have obtained 'your organization's account ID' number, please email ranjana.kapur@hmrc.gsi.gov.uk and e.procurement@hmrc.gov.uk before the closing date with your account ID number. Once you have complied with the foregoing you will receive an e-mail confirming access to the procurement event. Further information about HMRC's procurement tool SAP Ariba, a Suppliers Guide and general information about supplying to HMRC is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm The maximum number of bidders that will progress to the award stage will be 10. The bidders taken through to the award stage will be assessed on experience and ability to perform the services. The bidders that are successful at the Selection stage will be invited to a supplier briefing day. The contract is for an initial 24 month period, with the option to extend for a further 12 month period. Additional information: The Authority wishes to establish a contract enabled for use by any UK government department listed in the Office for National Statistics (ONS) Public Sector Classification Guide, which is updated monthly and can be found at the following link: https://www.ons.gov.uk/economy/nationalaccounts/uksectoraccounts/datasets/publicsectorclassificationguide

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028f23
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001997-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48812000 - Financial information systems

66110000 - Banking services

66133000 - Processing and clearing services

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

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£3,000,000 £1M-£10M

Notice Dates

Publication Date
1 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Dec 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
HMRC
Contact Name
Ranjana Kapur
Contact Email
ranjana.kapur@hmrc.gov.uk
Contact Phone
+44 3000520819

Buyer Location

Locality
LONDON
Postcode
SW1A 2BQ
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

ECOSPEND TECHNOLOGIES

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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