Award

Business to Business Outsourced Services

NS&I

This public procurement record has 3 releases in its history.

Award

20 Jul 2023 at 10:13

Tender

27 Sep 2022 at 17:00

Planning

29 Jul 2022 at 15:39

Summary of the contracting process

The National Savings and Investments (NS&I) is seeking a supplier for Business to Business Outsourced Services related to banking services. The procurement is currently in the award stage, with the contract value at GBP 92,312,456. The awarded supplier is Sopra Steria. The procurement process, which started on 20th July 2023, involved a selective competitive procedure with negotiation. NS&I, located in London, UK, operates as an Executive Agency of the Chancellor of the Exchequer. The services cover various government schemes, including Childcare Services, Help to Save, Help to Buy, and the Court Funds Office.

This tender presents an opportunity for large-scale service providers in the IT, consulting, and finance sectors to bid for delivering outsourced services to the UK government through NS&I's B2B offer. The contract involves a transition period to ensure continuity in service delivery. Interested businesses should focus on their ability to serve customers efficiently, manage operations effectively, and collaborate with stakeholders and partners seamlessly. The procurement method emphasises quality (65%) and price (35%) criteria for supplier selection. The deadline for the tender process was on 20th July 2023, and the contract was later cancelled.

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Notice Title

Business to Business Outsourced Services

Notice Description

This contract has been awarded following the conclusion of a procurement process. B2B will be delivered predominantly in its current form and NS&I expects the supplier to transition the existing solution minimising disruption and maintaining continuity for the government schemes that B2B manages. These are: * Childcare Services (consisting of 30 Hours of Free Childcare and Tax-Free Childcare) * Help to Save * Help to Buy * Court Funds Office Requirements across the schemes include: * Serving Customers o Meeting the service needs and providing support to the end users of the schemes managed by B2B o Engagement with B2B clients in order to operate and eventually transition the solution to Rainbow by the end of the contract * Operational Management o Process transactions - The processing of transactions into, out of and between customer accounts o Manage customer access and accounts - The management of customer accounts and their access to these via a number of channels (predominantly digital) with corresponding support as required * Manage Stakeholders - Supporting NS&I relationships with (and obligations to) key external stakeholders, including the client government departments and HMT as NS&I sponsor. * Organisation - The provision of key enabling capabilities for the services, including for managing people, resources, technology and facilities. * Manage Partners/Suppliers - The management of suppliers and partners, related to the B2B provision. The supplier will be encouraged to maximise the use and efficiency of the existing technology to deliver B2B services throughout the life of the contract.

Lot Information

Lot 1

This contract has been awarded following the conclusion of a procurement process. This package of work is part of NS&I's Rainbow Programme, and it will procure a strategic supplier of managed services to deliver B2B on behalf of NS&I. The B2B services are responsible for the delivery of government schemes, including Childcare Services, Help to Save, Help to Buy ISA, Mortgage Guarantee Scheme, and the Court Funds Office. The contract is offered to one supplier for a period of 3 years following service commencement, with an initial up to 9 month transition period to ensure smooth service commencement from 1st April 2024. At the end of the contract, the B2B services would transition to the Rainbow Programme operating model. National Savings and Investments (NS&I) is an Executive Agency of the Chancellor of the Exchequer. It is one of the UK's largest retail savings organisations with 25 million customers, more than PS202 billion funds under management, best known for Premium Bonds but also offering a range of savings products. NS&I raises financing for Government, by offering secure retail financial savings products, as an alternative to raising funds on the wholesale market. NS&I's core services are currently provided by Atos IT Services UK Limited, which manages sales processing and customer servicing, and IT and infrastructure services. This contract will end on 31st March 2024. NS&I has started a significant transformation of its outsourced services, called the Rainbow Programme. NS&I provides services to other government departments via B2B offer, called Government Payment Services (GPS). NS&I GPS offers modern, secure and competitive banking and payments services to all government departments, agencies and public sector organisations. Current B2B services include, Childcare Services (consisting of 30 Hours of Free Childcare, Tax-Free Childcare), Help to Save, Help to Buy ISA, Mortgage Guarantee Scheme and the Court Funds Office.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-035799
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020901-2023
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

72 - IT services: consulting, software development, Internet and support

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

48810000 - Information systems

66110000 - Banking services

72000000 - IT services: consulting, software development, Internet and support

79210000 - Accounting and auditing services

79342300 - Customer services

79410000 - Business and management consultancy services

79510000 - Telephone-answering services

Notice Value(s)

Tender Value
£200,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£92,312,456 £10M-£100M

Notice Dates

Publication Date
20 Jul 20232 years ago
Submission Deadline
28 Oct 2022Expired
Future Notice Date
5 Sep 2022Expired
Award Date
20 Jun 20232 years ago
Contract Period
29 Jun 2023 - 31 Mar 2027 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NS&I
Additional Buyers

NATIONAL SAVINGS AND INVESTMENTS

Contact Name
Not specified
Contact Email
dorothy.fox@nsandi.com, tenders@rainbow.nsandi.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1V 2QX
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

SOPRA STERIA

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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