--- title: "Vat Split Payments Proof of Concept" ocid: "ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec.json" source: "Contracts Finder" current_stage: "Award" buyer: "H M REVENUE & CUSTOMS" published: "2023-10-11" --- # Vat Split Payments Proof of Concept Buyer: H M REVENUE & CUSTOMS Current stage: Award OCID: ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec.json) ## Summary The contracting process for the Vat Split Payments Proof of Concept was awarded to STREEVA LTD by H M Revenue & Customs. The contract, valued at GBP 1,175,100, falls under the services category and involves the development of a proof of concept illustrating VAT extraction from real-time payment channels. The procurement method was an open procedure above the threshold, with a tender period ending on 22nd May 2023 and a contract period starting on 21st August 2023 and ending on 31st January 2025. This tender presents an opportunity for businesses in the financial services and consultancy sectors to showcase their expertise. Companies specializing in financial analysis software, compliance software, banking services, and custom software development would be well-suited to compete in this procurement process. H M Revenue & Customs, the buying organization, aimed to illustrate how split payments of VAT on real-time payment channels could be implemented, creating a niche for businesses with relevant experience and capabilities. ## Notice His Majesty's Revenue and Customs (HMRC) invited interested persons (Tenderers) to tender for a contract to develop a Proof of Concept (PoC) to illustrate how extraction of VAT from payments (split payment) on real-time payment channels could work. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ab293777-e8ff-4931-9fc9-426250575ae2 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | SME | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Oct 2023 | | Submission deadline | 22 May 2023 | | Future notice date | Not specified | | Award date | 29 Aug 2023 | | Contract period | 20 Aug 2023 - 31 Jan 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,175,100 | | Lots value | Not specified | | Awards value | £1,175,100 | | 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 | H M REVENUE & CUSTOMS | | Locality | SALFORD | | Post town | Manchester | | Postcode | M2 5BS | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD33 Manchester | | Local authority | Manchester | | Electoral ward | Deansgate | | Westminster constituency | Manchester Central | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | STREEVA | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services - 72 - IT services: consulting, software development, Internet and support ### Codes - 48110000 - Point of sale (POS) software package - 48170000 - Compliance software package - 48441000 - Financial analysis software package - 48442000 - Financial systems software package - 66110000 - Banking services - 66151000 - Financial market operational services - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 72220000 - Systems and technical consultancy services - 72230000 - Custom software development services - 72240000 - Systems analysis and programming services ## Release History - 11 Oct 2023 at 14:15 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ab293777-e8ff-4931-9fc9-426250575ae2 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/ab293777-e8ff-4931-9fc9-426250575ae2 11th October 2023 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/0b8350d0-1ac8-4f49-bc66-f75047a97449 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/7c96101e-cc85-49fb-932a-222f39e1f7ef - https://www.contractsfinder.service.gov.uk/Notice/Attachment/6bd27525-faf9-4576-854c-e4bd9520fbd9 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/34e7e08f-a75e-416f-8cb3-443e24001c34 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/e95396ab-9c7d-426a-ac60-8f66cee52346 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/de4383f7-05fe-45ee-ba6d-e3d1eb54338d - https://www.contractsfinder.service.gov.uk/Notice/Attachment/1b24ecbc-fdae-49ab-b799-29543a7ef9f7 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2981610e-c7ac-43e4-85ae-c32948c5b9b2 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/59143c67-84d1-448b-8563-be420398dd76 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/dedb2e93-bcee-471f-8b8a-37aadbd82469 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/f89dca71-2b73-47a0-ad39-7c417ceb9a78 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/e8c56677-1e48-4cac-9f4e-6ef928a8ceb3 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/be91c530-684d-4976-ab0d-4eb185406818 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/ba8966b4-669a-4a43-9018-ba9921e9028b - https://www.contractsfinder.service.gov.uk/Notice/Attachment/1db549ae-a35b-4e54-8e71-47c75e4a8c6d - https://www.contractsfinder.service.gov.uk/Notice/Attachment/e67fae89-51d1-432d-ab93-53f26df94be8 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/240f018b-1bf0-47c5-9174-f2a4f70fc9d0 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/df88d221-0001-471a-8ce7-52ea4e7465e1 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/3ce3cc92-9b75-4fc4-8719-bb6b9e47e540 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/f44cabb9-f4dc-4614-8cc2-08871d826e33 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2fef285a-edc0-4e7c-84bb-d2ca9b0681e4 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/72d84dcc-c29f-4d5c-bfcc-eb296821350a - https://www.contractsfinder.service.gov.uk/Notice/Attachment/b2e7624a-85c4-4aad-b72a-d2c7befe5b7e - https://www.contractsfinder.service.gov.uk/Notice/Attachment/c7da1e18-9c01-46de-80b0-c52e05a9cded - https://www.contractsfinder.service.gov.uk/Notice/Attachment/4f603c44-001b-41af-9436-59bf877cc2fd ## 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-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-097a66eb-a115-4c54-afdf-e8454b7eeaec.json.