---
title: "Payment System"
ocid: "ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2023-10-20"
---

# Payment System

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377

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## Summary

The Financial Services Compensation Scheme Limited has awarded a contract for a Payment System under the classification of Financial Information Systems. The tender, titled "PTX & Treasury Express Subscription Service for both Cheques and BACS payment," had a value of £318,669. The procurement method used was selective, involving a call-off from a framework agreement. The contract period is from September 1, 2023, to August 31, 2025, with the tender period ending on August 30, 2023. The buying organization is located in London, England.

This procurement opportunity for a Payment System is suitable for businesses providing services in the financial sector. Small and medium-sized enterprises, as well as voluntary, community, and social enterprises, are encouraged to participate. Bottomline Technologies Limited was awarded the contract, highlighting opportunities for established businesses in the industry category of financial information systems. With the contract already awarded, businesses can explore potential collaborations and growth prospects within the specified contract period.

## Notice

PTX & Treasury Express Subscription Service for both Cheques and BACS payment Additional information: This includes the option to extend for a further 12 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1e2befe4-fa27-41a7-8fb8-a37483520ff0 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Oct 2023 |
| Submission deadline | 29 Aug 2023 |
| Future notice date | Not specified |
| Award date | 5 Oct 2023 |
| Contract period | 31 Aug 2023 - 31 Aug 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £318,669 |
| Lots value | Not specified |
| Awards value | £318,669 |
| 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 | FINANCIAL SERVICES COMPENSATION SCHEME LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Portsoken |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48812000 - Financial information systems

## Release History

- 20 Oct 2023 at 19:36 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1e2befe4-fa27-41a7-8fb8-a37483520ff0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1e2befe4-fa27-41a7-8fb8-a37483520ff0
  20th October 2023 - 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-df9ed40e-b753-4812-a73d-d4b6dcf45377. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-df9ed40e-b753-4812-a73d-d4b6dcf45377.json.