--- title: "Accelerated Payment Solutions" ocid: "ocds-h6vhtk-029a8e" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029a8e" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-029a8e.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-029a8e.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE" published: "2021-03-10" --- # Accelerated Payment Solutions Buyer: THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE Current stage: Planning OCID: ocds-h6vhtk-029a8e [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029a8e) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-029a8e.json) ## Summary The procurement process titled "Accelerated Payment Solutions" is being conducted by the Minister for the Cabinet Office acting through the Crown Commercial Service (CCS). This project, classified under the industry category of banking services (CPV 66110000), is currently in the planning stage and has an estimated value of £80 million. The procurement is set to take place within the UK, with a notable future notice date of 19 November 2021 for further updates. Companies are advised to monitor the new Find a Tender Service for the release of Invitation to Tender (ITT) documents following changes in UK procurement regulations post-Brexit. This tender presents a significant opportunity for businesses specialising in financial services, particularly those offering early payment solutions such as Supply Chain Finance and Dynamic Discounting. Companies with expertise in financial analysis, accounting software, and credit granting services would be well-suited to engage in this procurement process. The CCS aims to collaborate with suppliers to develop an innovative solution for the public sector, making this an appealing prospect for businesses looking to expand their market reach in the financial services domain. ## Notice A replacement of Supplier Early Payment Solutions RM6001. The aspiration is to deliver a commercial solution that offers a comprehensive suite of early payment solutions to the entire public sector. The overall solution is in its design phase and will include Supply Chain Finance (SCF), Dynamic Discounting (DD) and will look to expand the list of services if the merits can be demonstrated for the public sector. The agreement will also seek to deliver ancillary services to public sector customers that will aid the implementation and or the maximisation of the benefits delivered. ### Lot Information Accelerated Payment Solutions: Supply Chain Finance CCS is focused on delivering an innovative and comprehensive early payment solution that covers all the needs of public sector customers. CCS wishes to work with the supplier base within the early payment market to ensure the solution is market leading. At this stage the possible requirements are broad with the core services of SCF and DD defined but with scope to include other areas such as Employee early payment and ancillary services such as e-Invoicing. CCS seeks to hold comprehensive market engagement with further details below on how to register for the process. Once they become available, the ITT documentation for this procurement may be freely accessed here: https://www.crowncommercial.gov.uk/agreements/upcoming Additional information: The Authority intends to use an e-Tendering system in this procurement exercise and is considering the use of an e-auction. Accelerated Payment Solutions: Dynamic Discount Accelerated Payment Services will enable suppliers to choose to receive early payment for their invoices in exchange for a discount or charge against the invoice value. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/004893-2021 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Mar 2021 | | Submission deadline | Not specified | | Future notice date | 19 Nov 2021 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £80,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE | | Locality | LIVERPOOL | | Post town | Liverpool | | Postcode | L3 9PP | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD7 Merseyside | | ITL 3 | TLD72 Liverpool | | Local authority | Liverpool | | Electoral ward | City Centre North | | Westminster constituency | Liverpool Riverside | | Delivery location | Not specified | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services ### Codes - 48440000 - Financial analysis and accounting software package - 48441000 - Financial analysis software package - 66000000 - Financial and insurance services - 66110000 - Banking services - 66113000 - Credit granting services ## Release History - 10 Mar 2021 at 22:56 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/004893-2021 ## Notice URLs - https://www.crowncommercial.gov.uk/agreements/upcoming - https://www.gov.uk/ccs - https://www.gov.uk/guidance/public-sector-procurement-from-1-january-2021 ## 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-h6vhtk-029a8e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-029a8e.json.