---
title: "NEPO521 Early Payment Scheme"
ocid: "ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTH TYNESIDE COUNCIL"
published: "2020-04-16"
---

# NEPO521 Early Payment Scheme

Buyer: SOUTH TYNESIDE COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636.json)

## Summary

The NEPO521 Early Payment Scheme is a public procurement framework agreement initiated by South Tyneside Council, designed to assist NEPO Member and Associate Member Authorities in implementing and operating an early payment scheme. The contract, which falls under the financial and insurance services industry category, has an estimated value of £60 million and is to be executed from 1 April 2020 to 31 March 2024, with an option to extend for two additional 24-month periods. The tender was published on 21 January 2020, and the tender period concluded on 25 February 2020. This procurement was conducted using an open procedure, classified as being above the threshold.

This initiative presents significant growth opportunities for small and medium-sized enterprises (SMEs) with expertise in financial services. Businesses in the financial sector that can offer innovative solutions for payment schemes, especially those suited to public sector needs, will likely find this tender appealing. With a focus on helping authorities enhance their financial operations, companies that provide implementation and operational support for such schemes are well-positioned to compete in the bidding process.

## Notice

This Framework Agreement is to support NEPO Member and Associate Member Authorities with the provision of an early payment scheme, offered on a modular basis applicable either to authorities without an existing early payment scheme wishing to both implement and operate the early payment scheme or authorities who wish to continue to operate an early payment scheme. This Framework Agreement is intended to support the Authorities over the next 48 months with an option to extend for a further two x 24 months. The Framework includes the provision of 1st Generation users - Implementation and Operations and 2nd Generation users - Continued Operation.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b15d0edc-d8a4-4a42-8187-f1bd05613bc7 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Apr 2020 |
| Submission deadline | 25 Feb 2020 |
| Future notice date | Not specified |
| Award date | 14 Apr 2020 |
| Contract period | 30 Apr 2020 - 30 Apr 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60 |
| Lots value | Not specified |
| Awards value | £416,000,000 |
| 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 | SOUTH TYNESIDE COUNCIL |
| Locality | SOUTH SHIELDS |
| Post town | Newcastle upon Tyne |
| Postcode | NE33 2RL |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | South Tyneside |
| Electoral ward | Beacon and Bents |
| Westminster constituency | South Shields |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OXYGEN FINANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 16 Apr 2020 at 10:01 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b15d0edc-d8a4-4a42-8187-f1bd05613bc7
- 21 Jan 2020 at 08:26 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9e7eb96e-76ad-4f22-88f7-defc2de13709

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b15d0edc-d8a4-4a42-8187-f1bd05613bc7
  16th April 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/9e7eb96e-76ad-4f22-88f7-defc2de13709
  21st January 2020 - Opportunity notice on Contracts Finder

## 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-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2329c9ec-5a34-4183-949d-fcd1c634d636.json.