Tender

Electronic Payment Service Competitive flexible

THE RIVERSIDE GROUP LIMITED

This public procurement record has 1 release in its history.

Tender

11 May 2026 at 09:11

Summary of the contracting process

The Riverside Group Limited is initiating a tender process titled "Electronic Payment Service Competitive flexible." The procurement, classified under the business transaction and personal business software package, and financial and insurance services industry categories, seeks a supplier to manage inbound and outbound payments through a comprehensive enterprise solution across the organisation. The tender is currently in the 'tender' stage, with submissions accepted until 11 June 2026, while final award decisions will be made by 20 July 2026. The procurement will be conducted using an open, competitive flexible procedure, focusing on the UK region and requiring electronic submissions in English.

This tender presents significant opportunities for businesses within the financial technology and software services sectors. Companies offering robust payment management systems that can enhance and streamline operations will find this procurement process particularly relevant. With a total estimated contract value of GBP 8 million, this initiative is well-suited for businesses that are capable of demonstrating innovation in enterprise solutions. The selection process emphasises both quality (75%) and price (25%), ensuring that competitive and high-quality offerings will be prioritised in the evaluation. Successful bidders will not only secure a lucrative contract but gain potential for long-term collaboration with a large public undertaking such as The Riverside Group Limited.

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Notice Title

Electronic Payment Service Competitive flexible

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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069552
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/042838-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
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

66000000 - Financial and insurance 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 20263 days ago
Submission Deadline
11 Jun 20264 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
10 Aug 2026 - 10 Aug 2030 4-5 years
Recurrence
2030-01-02

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE RIVERSIDE GROUP 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
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
Not specified

Local Authority
Liverpool
Electoral Ward
Garston
Westminster Constituency
Liverpool Garston

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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