Notice Information
Notice Title
Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance
Notice Description
HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024. The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events. The proposal also includes requirements that concern interoperability functionality and connectivity. This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.
Lot Information
Lot 1
Renewal: The contract for the services will be for an initial 3 years' period with an option to extend for a further 1 year.
Planning Information
Questionnaire submitted to suppliers followed by potential virtual supplier event. The Questions and further background are available at the following link: https://www.gov.uk/government/publications/announcement-of-preliminary-market-engagement-exercise-for-the-digital-gilt-instrument-digit-pilot
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04ee43
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/012654-2026
- Current Stage
- Award
- All Stages
- Planning, Tender, Award
Procurement Classification
- Notice Type
- UK7 - Contract Details Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- SME
- 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
-
- CPV Codes
48000000 - Software package and information systems
66150000 - Financial markets administration services
72000000 - IT services: consulting, software development, Internet and support
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 12 Feb 20261 weeks ago
- Submission Deadline
- 17 Nov 2025Expired
- Future Notice Date
- 13 Apr 2025Expired
- Award Date
- 10 Feb 20261 weeks ago
- Contract Period
- 10 Feb 2026 - 10 Feb 2029 3-4 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- HM TREASURY
- Contact Name
- Carlos Freitas
- Contact Email
- digit@hmtreasury.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LONDON
- Postcode
- SW1A 2HQ
- 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
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/012654-2026
12th February 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/073385-2025
13th November 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/072980-2025
11th November 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/071439-2025
5th November 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/062967-2025
7th October 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/009813-2025
18th March 2025 - Preliminary market engagement notice on Find a Tender
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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