---
title: "Payment Initiation and Account Information Services"
ocid: "ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "HMRC"
published: "2020-08-11"
---

# Payment Initiation and Account Information Services

Buyer: HMRC  
Current stage: Tender  
OCID: ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15)  
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## Summary

The HM Revenue and Customs (HMRC) has announced a tender for "Payment Initiation and Account Information Services," which falls under the financial services category. The procurement process is currently in the tender stage, with an estimated contract value of £3,000,000. The closing date for submissions is 7th September 2020, and the contract is expected to commence on 1st February 2021, lasting until 31st January 2023. Interested suppliers should ensure they can provide both payment initiation and account information services as part of this selective procurement process.

This tender presents significant opportunities for businesses in the financial technology and consultancy sectors, particularly those specialising in secure and efficient payment systems. Small and medium-sized enterprises (SMEs) are actively encouraged to apply, enhancing their chances of winning a contract in this restricted procedure. Companies with a capacity for innovation and efficient service delivery will be well-suited to compete for this contract, which aims to modernise HMRC's bank transfer processes.

## Notice

The Authority has identified a requirement for the provision of Payment Initiation and Account Information Services in order to enable our customers to pay us by bank transfer using a secure, simple and efficient process as currently, our bank transfer journey is non-automated. It is anticipated that during the term of the contract Account Information Services may be required to deliver enhanced and tailored financial services therefore interested suppliers must have the ability to provide both services from the outset. The maximum number of bidders that will progress to the award stage will be 10.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/789bb56a-b87f-4c48-b97b-17d357dd9bdd |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Aug 2020 |
| Submission deadline | 7 Sep 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Feb 2021 - 31 Jan 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,000,000 |
| 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 | HMRC |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2BQ |
| 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 |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66170000 - Financial consultancy, financial transaction processing and clearing-house services

## Release History

- 11 Aug 2020 at 15:58 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/789bb56a-b87f-4c48-b97b-17d357dd9bdd
- 10 Aug 2020 at 12:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/789bb56a-b87f-4c48-b97b-17d357dd9bdd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/789bb56a-b87f-4c48-b97b-17d357dd9bdd
  11th August 2020 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=514056627
  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-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f644a1d5-c02c-4adb-b2ea-dd572dfd1a15.json.