Tender

https://www.find-tender.service.gov.uk/Notice/037361-2023

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 8 releases in its history.

TenderUpdate

13 Jul 2024 at 18:45

TenderUpdate

17 Jun 2024 at 10:08

TenderUpdate

26 Apr 2024 at 11:47

TenderUpdate

28 Mar 2024 at 11:23

TenderUpdate

28 Mar 2024 at 11:18

TenderUpdate

01 Mar 2024 at 15:25

TenderUpdate

02 Feb 2024 at 12:20

Planning

19 Dec 2023 at 17:08

Summary of the contracting process

The Department for Work and Pensions is planning a procurement process for the Payment Exception Service, aimed at ensuring customers receive their entitlement through a cash disbursement service. This opportunity falls under the Financial and insurance services category. The contracting authority is based in Leeds, UK. The procurement process is currently in the planning stage, with a future tender launch date of around 17th July 2024. Key dates include market engagement events in May 2024 to discuss service requirements with potential suppliers.

The Payment Exception Service tender by the Department for Work and Pensions presents an opportunity for businesses in the financial and insurance services sector. Companies providing cash disbursement solutions, financial consultancy, and administration services could be well-suited to compete. The contract value is subject to the volume of customers and payments. Interested businesses should engage with DWP for market engagement events in May 2024 to understand the scope of requirements and potential opportunities for growth.

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Notice Title

https://www.find-tender.service.gov.uk/Notice/037361-2023

Notice Description

The purpose of this Prior Information Notice (PIN) is to alert potential suppliers to a future opportunity for services with specific requirements related to cash disbursement for use by some DWP customers and some other central government departments customers. The Payment Exception Service (PES) is a DWP service, required to fulfil the Secretary of State's obligation to ensure all customers, including those who do not have a transactional account, receive their entitlement. The service will enable unbanked customers to receive full payment of entitlement, or other such payments as required through an alternative method of payment. The DWP issues fluctuating amounts of payments, on reoccurring specified payment dates, with differing payment cycles, based on individual and multiple payment entitlement, as determined by departments. The value of cash disbursement can be in excess of PS40 million per month (subject to number of customers / value of payments). However this value is expected to reduce over time in line with DWP's strategy to support financial inclusion and support customers to transition to a transactional account. The value of this contract is subject to volume of customers and number of payments. The DWP, alongside Other central Government Departments will use the service to ensure that customers across the United Kingdom inclusive of Northern Ireland are able to access their entitlement. The overall objectives of the service are to ensure payments are processed and made available for customers to redeem their payment on a customer's payment date, and if needed, provide customers with a level of support to address any queries regarding use of the service and their payments. DWP reserves the right to suspend, withdraw or amend any intention to proceed with any procurement competition in relation to the Services identified in this section II and reserves the right not to award any contract. Any costs incurred by bidders in engaging with DWP for this opportunity and preparing and submitting bids, will be borne by the bidder.

Lot Information

Lot 1

It is envisaged that the Invitation to Tender will be published during Spring '24 with an aim to award a contract during Summer '24. The DWP will be running this competitive process through the Crown Commercial Service's (CCS) Funds Administration & Disbursement Service (FAADS) Dynamic Purchasing System (DPS) RM6322 and interested parties must be registered as a supplier on the DPS in order to formally access and respond to the ITT. Additional information: Payment Exception Service - Anticipated Timeline; Market Engagement - WC 12/02/2024 Invitation To Tender Published for CCS DPS - WC 25/03/24 Clarification stage - WC 25/03/24-11/04/24 Deadline for Tenders to be submitted - WC 29/04/24 Standstill period commences - 20/06/24 Contract award - 01/07/2024

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04270e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021550-2024
Current Stage
Tender
All Stages
Planning, Tender

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

66 - Financial and insurance services

75 - Administration, defence and social security services


CPV Codes

66000000 - Financial and insurance services

66110000 - Banking services

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

75100000 - Administration services

Notice Value(s)

Tender Value
£18,449,282 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20241 years ago
Submission Deadline
Not specified
Future Notice Date
25 Mar 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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Michael Gaynor
Contact Email
michael.gaynor1@dwp.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BLACKPOOL
Postcode
FY4 5ES
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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