---
title: "Open Banking Services"
ocid: "ocds-h6vhtk-049af8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-049af8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-049af8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-049af8.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "H M REVENUE & CUSTOMS"
published: "2024-09-13"
---

# Open Banking Services

Buyer: H M REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-h6vhtk-049af8

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-049af8)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-049af8.json)

## Summary

H M Revenue & Customs (HMRC) has completed the procurement process for providing Open Banking services, which includes Payment Initiation Services (PIS) and Account Information Services (AIS). The contract, identified as CW95696, is classified under the CPV code 66110000 for Banking Services. This procurement process utilised a limited method, specifically as a call-off from the CCS Open Banking DPS, and did not require prior publication of a call for competition. The final award was given on 26th April 2024, with the entire procurement process culminating in September 2024. The key region of service delivery is within the UK, and the industry category is services.

This tender represents a significant growth opportunity for businesses specialising in open banking and financial technology services. Ecospend Technologies Limited, an SME based in London, has been awarded the contract valued at £2,260,457. The stringent award criteria placed emphasis on both quality (45%) and price (55%), making it an attractive and competitive bid for skilled providers in the sector. Businesses with expertise in digital payment solutions and financial data management are well-positioned to leverage similar opportunities presented by national authorities like HMRC. This contract's execution will likely foster further innovation and development in the banking services and fintech industries.

## Notice

Open Banking services offering our customers payment and repayment services including Payment Initiation Services (PIS) and Account Information Services (AIS).

### Lot Information

Lot 1

Open Banking services offering our customers payment and repayment services including Payment Initiation Services (PIS) and Account Information Services (AIS).

### Procurement Information

This contract was a call off from the CCS Open Banking DPS

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/029481-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Sep 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 25 Apr 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,260,457 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | H M REVENUE & CUSTOMS |
| Locality | SALFORD |
| Post town | Manchester |
| Postcode | M3 5BS |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD34 Greater Manchester South West |
| Local authority | Salford |
| Electoral ward | Blackfriars & Trinity |
| Westminster constituency | Salford |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 13 Sep 2024 at 16:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/029481-2024

## Notice URLs

- http://www.gov.uk

## 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-049af8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-049af8.json.