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Income Management Solution

BELIEVE HOUSING LIMITED

This public procurement record has 5 releases in its history.

Award

21 Apr 2026 at 09:46

UK7 - Contract Details Notice
Award

30 Jan 2026 at 15:08

UK6 - Contract Award Notice
Tender

21 Nov 2025 at 14:26

UK4 - Tender Notice
PlanningUpdate

28 Aug 2025 at 16:34

UK2 - Preliminary Market Engagement Notice
Planning

27 Aug 2025 at 11:33

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The public procurement process for the "Income Management Solution" has been officially awarded. Believe Housing Limited, a sub-central government public authority located in Seaham, UK, is the buying organisation overseeing the procurement. The procurement involves services related to payment management systems, classified under corporate finance and venture capital services, financial transaction processing, and financial systems software packages, with the contract covering the region of United Kingdom, specifically UKC14. The procurement was conducted through an open procedure, adhering to the legal basis of UKPGA 2023/54. Key dates include the contract's start on 30 September 2026, ending on 29 September 2029, with a potential extension up to 29 September 2031. The contract, valued at £615,330 gross, was signed on 16 March 2026, fulfilling the procurement stage of award.

This tender presents significant opportunities for businesses specialising in financial systems and transaction services. The open procurement method facilitates participation by capable suppliers, as evidenced by Access UK Limited securing the contract, competing with companies like allpay Limited and Key IVR Limited. Large-scale businesses in the financial consultancy and software industry are well-suited to engage in the competitive bidding, leveraging their expertise to provide innovative solutions for income management. Additionally, the focus on service provision underlines the potential for growth within financial systems management, encouraging companies specialising in these areas to explore partnerships and expansions in the public sector market.

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Notice Information

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

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058e6a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035898-2026
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

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
£512,775 £500K-£1M

Notice Dates

Publication Date
21 Apr 20264 months ago
Submission Deadline
23 Dec 2025Expired
Future Notice Date
10 Oct 2025Expired
Award Date
30 Jan 20266 months ago
Contract Period
30 Sep 2026 - 29 Sep 2029 3-4 years
Recurrence
2028-10-21

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BELIEVE HOUSING LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SEAHAM
Postcode
SR7 7TT
Postcode Area
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
Dalton & Dawdon
Westminster Constituency
Easington

Supplier Information

Number of Suppliers
1
Supplier Name

Access UK Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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