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Financial Services & Payments Framework

Newark and Sherwood District Council

This public procurement record has 1 release in its history.

Planning

09 Mar 2023 at 13:17

Planning Notice
Summary of the contracting process

The Newark and Sherwood District Council, along with other councils, are planning a tender for the Financial Services & Payments Framework. This procurement seeks modern and cost-efficient solutions for income management systems, banking services, merchant services, call masking & IVR, and open banking payments. The total procurement value is £75,000,000. Suppliers can provide feedback before the ITT publication, and the future notice date is set for April 10, 2024.

This tender for the Financial Services & Payments Framework provides opportunities for businesses offering financial and insurance services to compete. Companies specializing in modern banking solutions, merchant services, call masking & IVR, and open banking payments are well-suited to participate in this procurement. The Contracting Authorities are looking to call off services from this framework with a focus on efficiency and innovation in financial management and payment systems.

How relevant is this notice?

Notice Information

Notice Title

Financial Services & Payments Framework

Notice Description

The Contracting Authorities, along with approximately 20 other councils of varying sizes, are looking to review their Financial Management & Payment Systems. Specifically, the following areas are of interest: Income Management Systems Banking Services Merchant Services Call Masking & IVR systems for compliant Moto payments Open Banking Payments Income Management Systems may include the provision of Merchant Services, Call Masking & IVR and Open Banking Payments. Draft Specifications and Procurement documents are being made available at this early stage in order that suppliers can provide feedback prior to the ITT being published. For example, if a supplier has additional benefits, features and even USP's that would be relevant to the Contracting and Participating Authorities, then these can be proposed using the forms provided at the information portal. This is particularly important since all Authorities looking to call-off services from the Framework will be able to apply weightings to every individual specification / feature.

Lot Information

Income Management Systems

This procurement is seeking a modern, function-rich and cost-efficient Income Management System. Detailed requirements are provided in the draft specification document.

Banking Services

This procurement seeks a modern, feature-rich and cost efficient banking solution. Detailed requirements are provided in the draft specification document.

Merchant Services

This procurement seeks a modern, feature-rich and cost efficient Merchant Services solution. Detailed requirements are provided in the draft specification document.

Call-masking & IVR

This procurement seeks a modern, feature-rich and cost efficient call masking and IVR solution to enable compliant acceptance of MOTO card payments. Detailed requirements are provided in the draft specification document.

Open Banking Payments

This procurement seeks a modern, feature-rich and cost efficient open banking payments solution. Detailed requirements are provided in the draft specification document.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b0ec
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006899-2023
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

64 - Postal and telecommunications services

66 - Financial and insurance services

CPV Codes

64000000 - Postal and telecommunications services

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£75,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Mar 20233 years ago
Submission Deadline
Not specified
Future Notice Date
10 Apr 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Newark and Sherwood District Council
Additional Buyers

Adur and Worthing Councils

Broxtowe Borough Council

Gedling Borough Council

Rushcliffe Borough Council

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ADUR
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Further Information

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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