---
title: "Digital Payment Solution Framework"
ocid: "ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "HYDE HOUSING ASSOCIATION"
published: "2021-11-17"
---

# Digital Payment Solution Framework

Buyer: HYDE HOUSING ASSOCIATION  
Current stage: Tender  
OCID: ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516.json)

## Summary

The Hyde Housing Association is conducting an open tender process for a Digital Payment Solution Framework, aimed at providing an innovative payment solution to meet specific requirements. This opportunity, classified under financial and insurance services, has a total estimated value of £20 million and encompasses a contract duration of five years, with a potential two-year extension. The tender period concludes on 17 December 2021, with the contract set to commence on 25 January 2022, at their location in London, United Kingdom.

This tender presents significant business growth opportunities particularly for small and medium-sized enterprises (SMEs) specialising in financial technology and digital payment services. Given the competitive nature of the framework, businesses that demonstrate capability in delivering multifaceted payment solutions and possess experience in public sector contracts may find this a fitting opportunity to enhance their market presence. Multiple bids may be accepted; hence a diverse range of service providers could potentially be awarded contracts under this framework.

## Notice

Hyde's intention in respect of this invitation to tender is to procure a digital payment solution to meet the company's listed requirements. Hyde's key aims, objectives and full list of requirements are covered in the ITT document. Hyde intends to enter into a Framework Agreement by going through a full process that will follow UK Procurement legislation under which it intends to issue a call-off contract with the highest ranked Bidder for a period of five (5) years with an option to extend for a further two (2) years. Other successful Bidders may also be issued a contract. Bidders should note that there may be multiple successful parties awarded a place on the framework but, as with any framework, this does not guarantee a call-off contract. The Framework Agreement will last for a period of four (4) years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3f55f6b5-764b-4483-98df-1ac8b342776d |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Nov 2021 |
| Submission deadline | 17 Dec 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 25 Jan 2022 - 24 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £20,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HYDE HOUSING ASSOCIATION |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 9EQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 17 Nov 2021 at 12:15 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3f55f6b5-764b-4483-98df-1ac8b342776d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3f55f6b5-764b-4483-98df-1ac8b342776d
  17th November 2021 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-London:-Financial-and-insurance-services./FU2U3KM5J7
  Please follow this link to view the notice.

## 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-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5abfec06-d387-42e0-98c3-24331f53d516.json.