---
title: "UC Open Banking Proof of Concept"
ocid: "ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR WORK AND PENSIONS"
published: "2024-08-02"
---

# UC Open Banking Proof of Concept

Buyer: DEPARTMENT FOR WORK AND PENSIONS  
Current stage: Award  
OCID: ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f)  
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## Summary

The Department for Work and Pensions (DWP) has awarded a contract for the supply of an Open Banking Proof of Concept. This procurement falls under the industry category of technical services, with a classification of CPV 71356000. The contract, valued at £104,184, commenced on 26th May 2024 and will run until 30th November 2024. The project is intended to be delivered across various locations, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and other global regions. This procurement process was conducted through a direct, single tender action below the threshold, and the award notice was published on 2nd August 2024.

This tender provides a significant opportunity for businesses specialising in technical services, particularly those experienced in financial technology and open banking solutions. Although the procurement method was a direct award, similar contracts in the future may be open to competitive bidding, offering growth opportunities for firms that can deliver innovative proof-of-concept projects. Large enterprises with the capability to handle extensive, geographically diverse implementations will find themselves well-suited for such contracts, especially those aiming to collaborate with high-profile governmental departments like the DWP.

## Notice

The supply of Open Banking Proof of Concept to the Department for Work and Pensions

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ac8a4c47-867c-48ef-bfea-93a5dbf120a7 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Aug 2024 |
| Submission deadline | 25 May 2024 |
| Future notice date | Not specified |
| Award date | 24 May 2024 |
| Contract period | 25 May 2024 - 30 Nov 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £104,184 |
| Lots value | Not specified |
| Awards value | £104,184 |
| 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 | LONDON |
| Post town | South West London |
| Postcode | SW1H 9NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ECOSPEND TECHNOLOGIES |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71356000 - Technical services

## Release History

- 2 Aug 2024 at 14:29 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ac8a4c47-867c-48ef-bfea-93a5dbf120a7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ac8a4c47-867c-48ef-bfea-93a5dbf120a7
  2nd August 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/7fb22bb3-9d45-4a6a-8144-601cba66d6a9
  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-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4c898375-88fd-4a5f-b0bf-54e3f9ba5f6f.json.