Award

Income Management Solution

BELIEVE HOUSING LIMITED

This public procurement record has 4 releases in its history.

Award

30 Jan 2026 at 15:08

Tender

21 Nov 2025 at 14:26

PlanningUpdate

28 Aug 2025 at 15:34

Planning

27 Aug 2025 at 10:33

Summary of the contracting process

The public procurement process for an "Income Management Solution" was conducted by Believe Housing Limited, a sub-central government public authority located in Seaham, United Kingdom. The process was part of an open procedure intended to acquire services within the financial systems software and consultancy domain. The procurement process reached the award stage on 30th January 2026, with the contract pending and a significant financial value assigned to it, amounting to approximately £512,775. The contract period is set to begin on 30th September 2026 and will run until 29th September 2029, with the possibility of renewal for up to two additional years. This tender represents a key industry opportunity in the UKC14 region and is a part of the broader intention to enhance payment management systems.

This tender creates substantial opportunities for large businesses specialising in financial transaction processing, corporate finance services, and systems software packages. As an open procedure, the procurement method encourages participation from different enterprises, especially those that can provide a comprehensive financial systems solution. Companies that can demonstrate expertise in financial consultancy and transaction processing may find this contract an opportune avenue for growth. Additionally, the long-term nature of the contract, with potential for extension, offers a stable and lucrative period for the chosen supplier to enhance its business portfolio within the governmental sector.

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Notice Title

Income Management Solution

Notice Description

Payment Management Systems - ITT

Lot Information

Lot 1

Renewal: up to 2 years on up to one occasion

Planning Information

Please complete Questionnaire - 11 questions. Please use document provided. Deadline is 12noon on 05/09/2025

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058e6a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008547-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award 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


CPV Codes

48442000 - Financial systems software package

48812000 - Financial information systems

66122000 - Corporate finance and venture capital services

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

66171000 - Financial consultancy services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£833,333 £500K-£1M
Lots Value
£833,333 £500K-£1M
Awards Value
£512,775 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jan 20263 weeks ago
Submission Deadline
23 Dec 2025Expired
Future Notice Date
10 Oct 2025Expired
Award Date
30 Jan 20263 weeks ago
Contract Period
29 Sep 2026 - 29 Sep 2029 3-4 years
Recurrence
2028-10-21

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BELIEVE HOUSING LIMITED
Contact Name
Naomi Noble
Contact Email
procurement@believehousing.co.uk
Contact Phone
Not specified

Buyer Location

Locality
SEAHAM
Postcode
SR7 7TT
Post Town
Sunderland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC14 Durham

Local Authority
County Durham
Electoral Ward
Dawdon
Westminster Constituency
Easington

Supplier Information

Number of Suppliers
1
Supplier Name

ACCESS

Further Information

Notice Documents

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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