---
title: "Transition to GBS Money Transmission Services Lot 2"
ocid: "ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR WORK AND PENSIONS"
published: "2018-04-19"
---

# Transition to GBS Money Transmission Services Lot 2

Buyer: DEPARTMENT FOR WORK AND PENSIONS  
Current stage: Award  
OCID: ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6.json)

## Summary

The tender titled "Transition to GBS Money Transmission Services Lot 2" is issued by the Department for Work and Pensions (DWP), located in Leeds, England. This procurement falls under the category of banking and investment services, with a total contract value of £21 million. The procurement method employed for this tender is selective, specifically a call-off from a framework agreement. The contract period started on 24 March 2015 and is set to end on 24 March 2022. The award for this contract was made on 27 February 2015, and it was published recently for transparency on 19 April 2018.

This tender represents an excellent opportunity for businesses in the financial services sector, particularly those that provide banking and investment solutions. Companies with advanced technological capabilities and experience in government contracts would be well-positioned to compete. With the substantial contract value and strategic importance of the services involved, this procurement could significantly contribute to business growth for successful bidders, especially those looking to establish or expand their presence in the public sector.

## Notice

DWP banking services via the GBS Agreement (This contract award was not published at the time of award. It has been published for transparency purposes to provide a record of existing departmental contracts).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5c1a0f6d-0330-4ec1-a912-ec77b811942f |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Apr 2018 |
| Submission deadline | 28 Jan 2015 |
| Future notice date | Not specified |
| Award date | 27 Feb 2015 |
| Contract period | 24 Mar 2015 - 24 Mar 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £21,000,000 |
| Lots value | Not specified |
| Awards value | £21,000,000 |
| 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 | DEPARTMENT FOR WORK AND PENSIONS |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS2 7UA |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Little London & Woodhouse |
| Westminster constituency | Leeds Central and Headingley |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ROYAL BANK OF SCOTLAND |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 19 Apr 2018 at 09:54 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5c1a0f6d-0330-4ec1-a912-ec77b811942f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5c1a0f6d-0330-4ec1-a912-ec77b811942f
  19th April 2018 - Awarded contract 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-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-61530acf-ee6e-4ff1-9f54-cf438de33eb6.json.