Sponsor Bank Service

Notice Information

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Notice Title

Sponsor Bank Service

Notice Description

The Department for Work and Pensions (DWP) wish to give notice of planned procurement opportunity in relation to two linked but separate future procurements for DWP payment contingency services (together referred to in this notice as the "Payment Contingency Services ("PCS")). The intention of the PCS is to ensure DWP has robust contingencies in place to make benefit and pension entitlement payments to its customers on the dates they are due. The PCS are invoked only in exceptional circumstances where there is a delay in DWP releasing Bacs payment file(s). The DWP intends for the relevant services to be provided under two separate, interdependent contracts (both of which are required to allow for invocation of PCS) as follows: Short Term Payment Contingency ("STPC") - Lot 1: This service reformats Bacs payments files into Faster Payment files for onward submission into the Faster Payment infrastructure Sponsor Bank ("SB") - Lot 2: This service is required for the settlement of funds with the Bank of England. Please note that as these are separate procurements, different procurement processes and/or commercial approach may apply to each procurement. In addition, each procurement may be awarded, delayed, or withdrawn independently of the other. This notice relates specifically to the SB procurement. A separate UK3 Planned Procurement Notice has been issued for the STPC procurement, which can be found on Find a Tender Service. Please note that: - Further information and relevant guidance will be provided in or with the UK4 Tender Notice, published on Find a Tender Service website. - UK 4 Notice and associated procurement documents provided with that notice will outline how and when to express your interest to participate in the procurement process. - All procurement activities will be managed via DWP online portal (Atamis). - Procurement related documentation will be issued via Atamis. Full guidance on registration and system navigation will be provided in or with the UK4 Notice. - It is mandatory for any interested suppliers to register on the new Central Digital Platform (CDP) which is part of the enhanced Find a Tender Service in order to participate in any future procurements. Details of how to register will be included in or with the UK4 Notice. - The DWP will not be liable for any expenditure, work, or effort incurred by a provider in acting based on this notice. - The information provided in this notice is for indicative purposes only. The DWP reserves its rights to amend any of the information included in the notice. - DWP reserves the right to add or remove stages throughout the procurement process or to reduce the tendering period in future (in accordance with the PA 23). The DWP also reserves the right to decide not to proceed with this procurement. - Please note, that involvement in Preliminary Market Engagement (PME) which was taking place 12/05/2026 or the One-to-One supplier events taking place between 01/06/2026 and 05/06/2026 are not a pre-requisite for participating in the procurement process. Please see the following link to the UK2 PME Notices for both STPC and SB - Short Term Payment Contingency Service - Find a Tender and Sponsor Bank Service - Find a Tender . - This procurement will be conducted using the new procurement regime - Procurement Act 2023 . - It is currently anticipated that this procurement will follow a two stage Competitive Flexible Procedure: Stage 1 (Compliance with Conditions of Participation) and Stage 2 (Evaluation).

Planning Information

Engagement The date for the group event is 12/05/2026 at 10:00 am– 11:00 am. This will be followed up with One-to-One events, which will take place between 01/06/2026 and 05/06/2026. The above dates are indicative and may be subject to change. Engagement process description General Information The main purpose of this preliminary market engagement is to assist the DWP and potential suppliers to prepare for a procurement process in respect of the SB Service. The DWP will gather information, which it will use to assess the market's capacity, strengthen the procurement strategy and finalise conditions of participation. The engagement aims to: - Communicate objectives, scope, and strategic priorities - Gain a greater understanding of current and emerging market provisions and the supplier database - Gain insight into market, including supplier capabilities, capacity and to identify innovative solutions that could support DWP in protecting customer payments and ensuring timely delivery - Gather insights from suppliers to help with strengthening the procurement strategy  - Identify any potential challenges, risks and commercial considerations for ensuring timely delivery of payments to DWP’s customers - Strengthen commercial strategy and finalise the route to market - Finalise conditions of participation - Finalise business requirements and specifications Please note: - This notice is for market engagement and exploratory purposes and is not a call for competition. - Participation in pre-market engagement is voluntary and will not confer any advantage or disadvantage in any future procurement. The DWP will take steps to ensure fair and equal treatment of all suppliers. - The DWP reserves the right not to enter any formal processes or agreements. - Accordingly, the DWP will not be liable for any expenditure, work, or effort incurred by a provider in acting based on this notice. - DWP reserves the right to add or remove stages throughout the procurement process. - It is mandatory for any interested suppliers to register on the new Central Digital Platform which is part of the enhanced Find a Tender Service in order to participate in any future procurements. - The DWP does not guarantee the accuracy or completeness of any information provided during pre-market engagement, and suppliers should not rely on it when forming any commercial or financial decisions. - Suppliers must not seek to influence the procurement design in a way that would result in an unfair competitive advantage. The authority reserves the right to take appropriate steps to address any risk of distortion of competition. - Suppliers that participate in the PME are deemed to acknowledge and accept the DWP’s approach to confidentiality for each stage of pre-market engagement (as summarised below). Stages: 1) Group Event via Microsoft Teams. Group Event will take place on 12/05/2026 at 10:00 am – 11:00 am. Please note that the Group Event is intended to cover both the STPC and SB procurements. Participation in the Group Event does not require suppliers to express interest in both procurements. Please note that the Group Event will be conducted on a non-confidential basis, and suppliers are advised not to disclose confidential, commercially sensitive or proprietary information during the Group Event. Information from the Group Event (including questions raised and responses given) may be summarised and made available to the wider market to ensure transparency and equal access to information. To register your interest for this event please email  Ewelina Wesolowska – Ewelina.wesolowska@dwp.gov.uk and Shannon Wells – Shannon.wells@dwp.gov.uk Deadline to submit your interest is by midday on 08/05/2026. Please ensure email subject states: “PME SB Procurement” No materials will be shared prior to the events. 2) One to One supplier events via Microsoft Teams. These individual calls will take place between 01/06/2026 and 05/06/2026. Instructions for how to register for these events will be provided on the Group Event. Please note that the One-to-One supplier meetings will be provided only in respect of the procurements for which suppliers have registered an interest. Equal time slots will be arranged for all suppliers interested in the SB procurement. Please note that information exchanged during One-to-One meetings is not confidential by default and suppliers are advised to consider carefully whether to disclose any information that may confidential, commercially sensitive or proprietary during One-to-One meetings. Where a supplier wishes to share information it considers to be confidential, commercially sensitive or proprietary, the supplier must clearly identify that information in advance or at the time it is shared and explain why confidentiality is claimed. In such circumstances, the DWP will consider, at its own discretion, whether such information can be treated as confidential. Participating suppliers acknowledge that any agreement to treat information as confidential is subject always to DWP’s obligations under applicable procurement law, including its duties of transparency, equal treatment and the avoidance of distortion of competition. Information from the One-to-One events (including questions raised and responses given) may be summarised and made available to the wider market to ensure transparency and equal access to information.

Notice Details

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Publication & Lifecycle

Open Contracting ID: ocds-h6vhtk-0615d4
Publication Source: Find A Tender Service
Latest Notice: https://www.find-tender.service.gov.uk/Notice/053510-2026
Current Stage: Planning
All Stages: Planning

Procurement Classification

Notice Type: UK3 - Planned Procurement Notice
Procurement Type: Standard
Procurement Category: Services
Procurement Method: Selective
Procurement Method Details: Competitive flexible procedure
Tender Suitability: Not specified
Awardee Scale: Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions: 66 - Financial and insurance services
CPV Codes: 66000000 - Financial and insurance services

Notice Value(s)

Tender Value: £1,353,740 £1M-£10M
Lots Value: £1,353,740 £1M-£10M
Awards Value: Not specified
Contracts Value: Not specified

Notice Dates

Publication Date: 5 Jun 20262 weeks ago
Submission Deadline: 23 Aug 20262 months to go
Future Notice Date: 27 Jul 20262 months to go
Award Date: Not specified
Contract Period: 30 Jun 2027 - 30 Jun 2032 Over 5 years
Recurrence: Not specified

Notice Status

Tender Status: Planned
Lots Status: Planned
Awards Status: Not Specified
Contracts Status: Not Specified

Buyer & Supplier

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Contracting Authority (Buyer)

Main Buyer: DEPARTMENT FOR WORK & PENSIONS
Contact Name: Available with D3 Tenders Premium →
Contact Email: Available with D3 Tenders Premium →
Contact Phone: Available with D3 Tenders Premium →

Buyer Location

Locality: LONDON
Postcode: SW1H 9NA
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/053510-2026
5th June 2026 - Planned procurement notice on Find a Tender
https://www.find-tender.service.gov.uk/Notice/040520-2026
1st May 2026 - Preliminary market engagement notice on Find a Tender
https://www.find-tender.service.gov.uk/Notice/009643-2026
3rd February 2026 - Pipeline notice on Find a Tender

Notice URLs

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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