---
title: "Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024"
ocid: "ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR WORK AND PENSIONS"
published: "2024-01-26"
---

# Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024

Buyer: DEPARTMENT FOR WORK AND PENSIONS  
Current stage: Award  
OCID: ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0

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## Summary

The Department for Work and Pensions awarded a contract for the "Pensions Bank Transaction Validation/Verification SaaS Solution 2022/2024" project to TransUnion International UK Limited. The procurement method used was selective, with a minimum contract value of £660,882.22 and a total contract value of £1,982,646.66. The contract period is from March 27, 2023, to March 27, 2024. The procurement stage was in the award phase, and the tender deadline was March 26, 2023. The project falls under the main procurement category of services and is located in North West, United Kingdom.

This contract opportunity with the Department for Work and Pensions could be beneficial for businesses offering IT services, consulting, software development, Internet, and support. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are particularly suited to compete. Businesses interested in providing validation and verification solutions for pension payment bank accounts may find this tender suitable. Companies looking to collaborate through call-off from a framework agreement should consider engaging in similar procurement processes to expand their business opportunities.

## Notice

Validation and verification of pension payment bank accounts. Additional Truvalidate KBA Module -questions/checks for those that fail the initial validation and verification.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8f473b8b-3c9e-4f30-84cb-b47f9c080979 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Jan 2024 |
| Submission deadline | 26 Mar 2023 |
| Future notice date | Not specified |
| Award date | 26 Mar 2023 |
| Contract period | 26 Mar 2023 - 27 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,982,646 |
| Lots value | Not specified |
| Awards value | £660,882 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR WORK AND PENSIONS |
| Locality | BLACKPOOL |
| Post town | Blackpool |
| Postcode | FY4 5ES |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD4 Lancashire |
| ITL 3 | TLD42 Blackpool |
| Local authority | Blackpool |
| Electoral ward | Stanley |
| Westminster constituency | Blackpool South |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TRANSUNION INTERNATIONAL |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 26 Jan 2024 at 08:54 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8f473b8b-3c9e-4f30-84cb-b47f9c080979

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8f473b8b-3c9e-4f30-84cb-b47f9c080979
  26th January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f7105114-ea7c-4bac-ae72-0fb5c3174ef4
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-042dfef2-e208-4b14-878d-f8c3cd9f74f0.json.