Planning

Provision of an Open banking Service

DRIVER AND VEHICLE LICENSING AGENCY

This public procurement record has 1 release in its history.

Planning

09 Dec 2024 at 17:18

Summary of the contracting process

The Driver and Vehicle Licensing Agency (DVLA) is planning the procurement process for the "Provision of an Open Banking Service" under the legal basis 32014L0024. This procurement pertains to the Financial transaction processing and clearing-house services industry. The DVLA, located in Swansea, UK, aims to engage with the market and explore potential solutions during a discovery phase. An online webinar is scheduled for 8th January 2025, with a deadline for registration by 20th December 2024. This initiative forms part of the planned stage of the procurement, with further communication expected by 1st December 2025.

This tender creates significant opportunities for businesses specialising in financial technology, particularly those offering Open Banking services. Companies proficient in facilitating secure online payments and refund processes are well-suited to compete. Engaging in this procurement can provide exposure to a broad range of transactions handled by the DVLA, which maintains extensive records and processes billions of pounds annually. Interested parties should prepare to present their Open Banking solutions and capabilities, potentially securing a pivotal role in modernising the DVLA's financial transaction processes.

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Notice Title

Provision of an Open banking Service

Notice Description

The purpose of this Prior Information Notice (PIN) is to assist the Driver and Vehicle Licensing Agency (DVLA) in early engagement with the market. This market engagement is intended to serve as a fact-finding exercise only. Routes to market are still being considered and there is a strong likelihood that the Crown Commercial Service "Open Banking (Data, Digital Payments & Confirmation of Payee Services)" Dynamic Purchasing System (DPS) will be used, however this is subject to change. More information on the above DPS can be found at the following address: https://www.crowncommercial.gov.uk/agreements/RM6301 Background DVLA maintains the records of 50 million drivers and 40 million vehicles in the UK. We collect PS7 billion a year in vehicle tax and process over 77 million transactions a year. Our online services offer card payments for customers and our online Electronic Vehicle Licensing (EVL) service to pay for Vehicle Excise Duty (VED) also provides Direct Debit as a payment method. Currently refunds are primarily issued via payable orders with the bulk of these attributed to VED refunds. In the 2023-24 financial year DVLA issued 4.89 million Payable Orders with a value of PS442 million pounds. What is happening now DVLA are in a "Discovery" period exploring the possibility of introducing Open Banking for DVLA services, payments in (e.g. for VED) and payments out to entitled customers (refunds). During early 2025 we would like to begin engagement with the market via an online webinar on 8th January 2025 to help inform our Discovery. What would be required? * The ability for DVLA customers to make payments into DVLA through our online channels using Open Banking; and * The ability for DVLA to send secure payments out to customers who are entitled to a refund through Open Banking. What is not required? * Variable reoccurring payments through Open Banking; or * Any wider use of Open Banking. To register your interest in this webinar, please email rhodri.llewellyn@dvla.gov.uk by Friday 20th December 2024. Please include your organisation name and the names, positions, and email addresses of those wishing to attend. If you have a presentation or overview of your Open Banking provision available, please also send it with your expression of interest email. Note that any such information you send to DVLA will be treated as background information only and shall not constitute any offer or commitment on the part of either party. DVLA may also offer 1-2-1 sessions with interested parties in the weeks following the webinar.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c5da
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/039678-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Dynamic
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


CPV Codes

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
Not specified

Notice Dates

Publication Date
9 Dec 20241 years ago
Submission Deadline
Not specified
Future Notice Date
1 Dec 2025Expired
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
DRIVER AND VEHICLE LICENSING AGENCY
Contact Name
Rhodri Llewellyn
Contact Email
rhodri.llewellyn@dvla.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SWANSEA
Postcode
SA6 7JL
Post Town
Swansea
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL43 Swansea
Delivery Location
Not specified

Local Authority
Swansea
Electoral Ward
Mynydd-bach
Westminster Constituency
Swansea West

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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