Award

Core Banking, Payment, Reporting and Business-to-Business Services

NS&I

This public procurement record has 1 release in its history.

Award

24 Jan 2025 at 15:41

Summary of the contracting process

The public procurement process for the tender titled "Core Banking, Payment, Reporting and Business-to-Business Services" has been completed by NS&I (National Savings and Investments), a governmental organisation based in London, UK. The industry category for this procurement is banking and investment services (CPV code 66100000). This contract involves significant transformation of the Core Banking platform and related technologies, as well as the continuation of Government Payment Services. Initially established between NS&I and Atos in May 2013, the agreement has been extended until March 2028, with a potential 12-month continuity extension. This procurement method was limited, without prior publication of a call for competition, due to technical reasons and the unique position of Atos IT Services UK Ltd in continuing the services uninterrupted.

This tender presents substantial opportunities for businesses involved in advanced banking technologies, business process outsourcing, and government payment services. Companies that specialise in these areas, particularly those with experience in managing complex, interdependent banking platforms, can find significant growth potential by leveraging this extended contract. The procurement method prioritised technical suitability, making it well-suited for established service providers like Atos IT Services UK Ltd, but the anticipated re-procurement after the contract duration opens future competitive opportunities for other businesses to participate in the upgrading and transformation initiatives of NS&I's Core Banking solutions.

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Notice Title

Core Banking, Payment, Reporting and Business-to-Business Services

Notice Description

A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.

Lot Information

Lot 1

A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.

Options: A discretionary 12-month extension option is available for continuity if required.

Procurement Information

Competition is absent for technical reasons. As the incumbent service provider Atos and its key sub-contractor(s) are the providers of the existing NS&I Core Banking platforms, which rely on interdependent leveraged technology and resources. The process of dis-aggregating these at the same time as building and deploying a new Core Banking instance would be sufficiently complex that it can only be practicably carried out by Atos IT Services UK without very significant disruption to NS&I customers. It is to be noted that the contract award is of relatively short duration, so that the services, once dis-aggregated and upgraded, can be taken back to market and re-procured. NS&I intends to publish a Planned Procurement Notice in due course, in this regard.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04d633
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002584-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£474,380,000 £100M-£1B

Notice Dates

Publication Date
24 Jan 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
23 Dec 20241 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
NS&I
Contact Name
Jamie Thomas
Contact Email
jamie.thomas@nsandi.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 3BT
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
TLI32 Westminster

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

Supplier Information

Number of Suppliers
1
Supplier Name

ATOS IT SERVICES

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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