--- title: "Core Banking, Payment, Reporting and Business-to-Business Services" ocid: "ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0.json" source: "Contracts Finder" current_stage: "Award" buyer: "NS&I" published: "2025-02-06" --- # Core Banking, Payment, Reporting and Business-to-Business Services Buyer: NS&I Current stage: Award OCID: ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0.json) ## Summary The National Savings and Investments (NS&I) has awarded a contract to Atos IT Services UK Ltd for the continued provision and transformation of core banking and Government payment services. This agreement extends the original Business Process Outsourcing Agreement established in 2013 and will be in effect until March 2028, with a potential 12-month extension. Classification falls under the banking and investment services industry, and the project is based in London, covering multiple CPV classifications related to various banking and financial services. The procurement method utilised was a negotiated procedure without prior publication, and the contract period starts from 23 December 2024. This tender opens significant opportunities for large-scale financial and IT services firms to engage in transformative banking services and support government payment infrastructures. Businesses specialising in banking technology, payment solutions, and financial process outsourcing are primely positioned to compete. Partnering in this extended high-value contract can provide substantial growth and long-term engagement with a major public sector client. ## Notice A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/38c3f9c6-8c80-483e-a7de-c6e856124d72 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Negotiated procedure without prior publication (above threshold) | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 6 Feb 2025 | | Submission deadline | 20 Dec 2024 | | Future notice date | Not specified | | Award date | 23 Dec 2024 | | Contract period | 23 Dec 2024 - 31 Mar 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £474,380,000 | | 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 | NS&I | | Locality | LONDON | | Post town | South West London | | Postcode | SW1P 3BT | | 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 | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ATOS IT SERVICES | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66100000 - Banking and investment services - 66110000 - Banking services - 66111000 - Central bank services - 66112000 - Deposit services - 66113000 - Credit granting services - 66113100 - Micro-credit granting services - 66114000 - Financial leasing services - 66115000 - International payment transfer services - 66120000 - Investment banking services and related services - 66121000 - Mergers and acquisition services - 66122000 - Corporate finance and venture capital services - 66130000 - Brokerage and related securities and commodities services - 66131000 - Security brokerage services - 66131100 - Pension investment services - 66132000 - Commodity brokerage services - 66133000 - Processing and clearing services - 66140000 - Portfolio management services - 66141000 - Pension fund management services - 66150000 - Financial markets administration services - 66151000 - Financial market operational services - 66151100 - Electronic marketplace retailing services - 66152000 - Financial market regulatory services - 66160000 - Trust and custody services - 66161000 - Trust services - 66162000 - Custody services - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 66171000 - Financial consultancy services - 66172000 - Financial transaction processing and clearing-house services - 66180000 - Foreign exchange services - 66190000 - Loan brokerage services ## Release History - 6 Feb 2025 at 17:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/38c3f9c6-8c80-483e-a7de-c6e856124d72 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/38c3f9c6-8c80-483e-a7de-c6e856124d72 6th February 2025 - Awarded contract notice on Contracts Finder - https://app.panacea-software.com/nsandi/ Click above to Apply (link to e-procurement portal) - https://www.find-tender.service.gov.uk/Notice/002584-2025 Link to Find A Tender Service notice of award ## 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-cbe7cb0c-e890-4282-81e6-7e410010d2f0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cbe7cb0c-e890-4282-81e6-7e410010d2f0.json.