{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-04ee43-2026-02-12T07:07:03Z",
    "date": "2026-02-12T07:07:03Z",
    "ocid": "ocds-h6vhtk-04ee43",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PGJQ-4844-JJMM",
            "name": "HM Treasury",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PGJQ-4844-JJMM"
            },
            "address": {
                "streetAddress": "1 Horse Guards Rd",
                "locality": "London",
                "postalCode": "SW1A 2HQ",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "Digit@hmtreasury.gov.uk",
                "name": "Carlos Freitas"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/hm-treasury",
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-174236",
            "name": "HSBC BANK PLC",
            "address": {
                "streetAddress": "8 Canada Square",
                "locality": "London",
                "postalCode": "E14 5HQ",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI42"
            },
            "contactPoint": {
                "email": "bernardo.cardoso@hsbc.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "http://www.hsbc.com",
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PGJQ-4844-JJMM",
        "name": "HM Treasury"
    },
    "planning": {
        "milestones": [
            {
                "id": "engagement",
                "type": "engagement",
                "description": "Questionnaire submitted to suppliers followed by potential virtual supplier event. The Questions and further background are available at the following link: https://www.gov.uk/government/publications/announcement-of-preliminary-market-engagement-exercise-for-the-digital-gilt-instrument-digit-pilot",
                "dueDate": "2025-04-13T23:59:59+01:00",
                "status": "scheduled"
            }
        ],
        "documents": [
            {
                "id": "009813-2025",
                "documentType": "marketEngagementNotice",
                "noticeType": "UK2",
                "description": "Preliminary market engagement notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/009813-2025",
                "datePublished": "2025-03-18T09:50:29Z",
                "format": "text/html"
            }
        ]
    },
    "tender": {
        "id": "HMT011",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance",
        "description": "HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024. The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events. The proposal also includes requirements that concern interoperability functionality and connectivity. This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "48000000",
                        "description": "Software package and information systems"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66150000",
                        "description": "Financial markets administration services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "72000000",
                        "description": "IT services: consulting, software development, Internet and support"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2025-12-15T00:00:00Z",
                    "endDate": "2028-12-14T23:59:59Z",
                    "maxExtentDate": "2029-12-14T23:59:59Z"
                },
                "status": "complete",
                "value": {
                    "amountGross": 0,
                    "amount": 0,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "TECHNICAL (inc. Social Value)",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "PRESENTATION",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "cost",
                            "name": "COMMERCIAL",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "TECHNICAL (inc. Social Value)",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "PRESENTATION",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "cost",
                            "name": "COMMERCIAL",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "TECHNICAL (inc. Social Value)",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "PRESENTATION",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "cost",
                            "name": "COMMERCIAL",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "TECHNICAL (inc. Social Value)",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "PRESENTATION",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "cost",
                            "name": "COMMERCIAL",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "selectionCriteria": {
                    "criteria": [
                        {
                            "type": "economic",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "technical",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "economic",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "technical",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "economic",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "technical",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "economic",
                            "description": "Please see Invitation to Tender documents for more information"
                        },
                        {
                            "type": "technical",
                            "description": "Please see Invitation to Tender documents for more information"
                        }
                    ]
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "The contract for the services will be for an initial 3 years' period with an option to extend for a further 1 year."
                }
            }
        ],
        "status": "complete",
        "value": {
            "amountGross": 0,
            "amount": 0,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "submissionMethodDetails": "Tender responses to be submitted via email to digit@hmtreasury.gov.uk",
        "submissionTerms": {
            "electronicSubmissionPolicy": "notAllowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2025-11-17T12:00:00Z"
        },
        "enquiryPeriod": {
            "endDate": "2025-10-29T00:00:00Z"
        },
        "awardPeriod": {
            "endDate": "2025-12-15T23:59:59Z"
        },
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            },
            {
                "id": "A-5997",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-5997",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "A-5998",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-5998",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "A-5999",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-5999",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "A-6000",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-6000",
                "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"
            },
            {
                "id": "A-6001",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-6001",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "A-6002",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-6002",
                "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"
            },
            {
                "id": "062967-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/062967-2025",
                "datePublished": "2025-10-07T15:39:47+01:00",
                "format": "text/html"
            },
            {
                "id": "A-7417",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-7417",
                "format": "application/pdf"
            },
            {
                "id": "A-7418",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-7418",
                "format": "application/pdf"
            },
            {
                "id": "071439-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/071439-2025",
                "datePublished": "2025-11-05T20:09:17Z",
                "format": "text/html"
            },
            {
                "id": "A-7680",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-7680",
                "format": "application/pdf"
            },
            {
                "id": "A-7681",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-7681",
                "format": "application/pdf"
            },
            {
                "id": "072980-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/072980-2025",
                "datePublished": "2025-11-11T19:25:23Z",
                "format": "text/html"
            },
            {
                "id": "A-7770",
                "documentType": "biddingDocuments",
                "url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-7770",
                "format": "application/pdf"
            },
            {
                "id": "073385-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/073385-2025",
                "datePublished": "2025-11-13T09:30:48Z",
                "format": "text/html"
            }
        ],
        "contractTerms": {
            "financialTerms": "Please see Invitation to Tender documents for more information"
        },
        "riskDetails": "Please see Invitation to Tender documents for more information",
        "amendments": [
            {
                "id": "071439-2025",
                "description": "New documents uploaded: i) DIGIT ITT summary for Drop In Sessions - slide presentation ii) Clarification Questions & Answers - 5 November 2025"
            },
            {
                "id": "072980-2025",
                "description": "The Authority has published the following documents for this tender: i) Joint Service Provider DRAFT- DIGIT Engagement Letter - 11 November 2025 ii) Joint Service Provider DRAFT- DIGIT Engagement Letter - 11 November 2025"
            },
            {
                "id": "073385-2025",
                "description": "The Authority has published the following documents for this tender: i) Clarification Questions and Answers - 5 November 2025 ii) DIGIT ITT Summary of Drop In Sessions iii) Joint Service Provider DRAFT- DIGIT Engagement Letter - 11 November 2025 iv) Joint Service Provider DRAFT- DIGIT Engagement Letter - 11 November 2025"
            }
        ]
    },
    "language": "en",
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "services",
            "suppliers": [
                {
                    "id": "GB-FTS-174236",
                    "name": "HSBC BANK PLC"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "48000000",
                            "description": "Software package and information systems"
                        },
                        {
                            "scheme": "CPV",
                            "id": "66150000",
                            "description": "Financial markets administration services"
                        },
                        {
                            "scheme": "CPV",
                            "id": "72000000",
                            "description": "IT services: consulting, software development, Internet and support"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "title": "Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance",
            "status": "active",
            "period": {
                "startDate": "2026-02-10T00:00:00Z",
                "endDate": "2029-02-10T23:59:59Z",
                "maxExtentDate": "2030-02-10T23:59:59Z"
            },
            "hasRenewal": true,
            "renewal": {
                "description": "To ensure completion of the project to enable the Pilot Digital Gilt Instrument (DIGIT) issuance."
            },
            "value": {
                "amountGross": 0,
                "amount": 0,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2026-02-10T00:00:00Z",
            "agreedMetrics": [
                {
                    "id": "1",
                    "title": "Contract Management Review",
                    "description": "A series of ongoing monthly meetings setting out progress of the various phases of the project and contract deliverables.",
                    "observations": [
                        {
                            "id": "frequency",
                            "period": {
                                "durationInMonths": 1
                            }
                        }
                    ]
                }
            ],
            "documents": [
                {
                    "id": "012654-2026",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/012654-2026",
                    "datePublished": "2026-02-12T07:07:03Z",
                    "format": "text/html"
                }
            ]
        }
    ]
}