This public procurement record has 4 releases in its history.

TenderCancellation

11 May 2026 at 08:38

Tender

28 Apr 2026 at 10:37

Planning

18 Nov 2025 at 13:32

Planning

30 May 2025 at 10:23

Summary of the contracting process

The Riverside Group Limited, based in Speke, Liverpool, initiated a procurement process for an "Electronic Payment Service" under the industry category of treasury and business transaction services. The procurement method chosen was an open procedure, and the tender was active with a submission deadline on 26th May 2026. However, this tender was later cancelled on 11th May 2026 due to a change in procedure. Although initially targeted for a broad UK location, the procurement aimed at services valued at £8 million (excluding VAT) with a gross total of £9.6 million, spanning from 3rd August 2026 to 2nd August 2030, with potential extensions up until 2034.

This tender initially presented substantial opportunities for businesses specialising in electronic payment systems and treasury services. With the open procedure, the procurement was well-suited for enterprises capable of providing centralised payment and income management solutions. The contract aimed to streamline operations and enhance service delivery, offering a platform for companies that could innovate in terms of simplifying multiple service domains, optimising contracts, and improving customer experiences. Small and medium enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) with capabilities in these areas could have competed effectively to foster business growth through collaboration with a public undertaking body like The Riverside Group Limited.

How relevant is this notice?

Notice Title

Electronic Payment Service

Notice Description

The Riverside Group is looking to source a suitable supplier to manage our inward and outward bound payments The system will be used group-wide to centralise payments and income management under a single enterprise solution. This approach aims to streamline operations, enhance service delivery, and better meet the needs of both the organisation and its customers.

Planning Information

The Riverside group invites suppliers interested in the Enterprise Payments Management Contract to join our Preliminary Market Engagement (PME). Engage with us before the formal tender process begins to ensure contract requirements meet current market capabilities and best practice. This is a key opportunity for your organization to: • Influence the final contract requirements. • Gain early insight into the project and timeline. • Engage directly with the Riverside team. All PME activities and communications will be conducted exclusively on the ProcureCo platform. There is no cost to join and participate. To register and gain immediate access, please email admin@procureco.uk and quote reference PMERiversideepmc171125

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-052982
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/042817-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK12 - Procurement Termination Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48400000 - Business transaction and personal business software package

66600000 - Treasury services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
£8,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20261 months ago
Submission Deadline
26 May 2026Expired
Future Notice Date
1 Feb 2026Expired
Award Date
Not specified
Contract Period
2 Aug 2026 - 2 Aug 2030 4-5 years
Recurrence
2030-04-28

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Cancelled
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE RIVERSIDE GROUP LIMITED
Additional Buyers

MISSING

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

Buyer Location

Locality
SPEKE, LIVERPOOL
Postcode
L24 8RF
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLM Scotland

Local Authority
Liverpool
Electoral Ward
Garston
Westminster Constituency
Liverpool Garston

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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