--- title: "Electronic Payment Service" ocid: "ocds-h6vhtk-052982" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052982" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-052982.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-052982.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "THE RIVERSIDE GROUP LIMITED" published: "2026-05-11" --- # Electronic Payment Service Buyer: THE RIVERSIDE GROUP LIMITED Current stage: Tender OCID: ocds-h6vhtk-052982 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052982) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-052982.json) ## Summary The Riverside Group Limited, based in Speke, Liverpool, initiated a procurement process for an "Electronic Payment Service" under the industry category of treasury and business transaction services. The procurement method chosen was an open procedure, and the tender was active with a submission deadline on 26th May 2026. However, this tender was later cancelled on 11th May 2026 due to a change in procedure. Although initially targeted for a broad UK location, the procurement aimed at services valued at £8 million (excluding VAT) with a gross total of £9.6 million, spanning from 3rd August 2026 to 2nd August 2030, with potential extensions up until 2034. This tender initially presented substantial opportunities for businesses specialising in electronic payment systems and treasury services. With the open procedure, the procurement was well-suited for enterprises capable of providing centralised payment and income management solutions. The contract aimed to streamline operations and enhance service delivery, offering a platform for companies that could innovate in terms of simplifying multiple service domains, optimising contracts, and improving customer experiences. Small and medium enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) with capabilities in these areas could have competed effectively to foster business growth through collaboration with a public undertaking body like The Riverside Group Limited. ## Notice The Riverside Group is looking to source a suitable supplier to manage our inward and outward bound payments The system will be used group-wide to centralise payments and income management under a single enterprise solution. This approach aims to streamline operations, enhance service delivery, and better meet the needs of both the organisation and its customers. ### Planning Information The Riverside group invites suppliers interested in the Enterprise Payments Management Contract to join our Preliminary Market Engagement (PME). Engage with us before the formal tender process begins to ensure contract requirements meet current market capabilities and best practice. This is a key opportunity for your organization to: • Influence the final contract requirements. • Gain early insight into the project and timeline. • Engage directly with the Riverside team. All PME activities and communications will be conducted exclusively on the ProcureCo platform. There is no cost to join and participate. To register and gain immediate access, please email admin@procureco.uk and quote reference PMERiversideepmc171125 ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/042817-2026 | | Notice type | UK12 - Procurement Termination Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Planning, Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 May 2026 | | Submission deadline | 26 May 2026 | | Future notice date | 1 Feb 2026 | | Award date | Not specified | | Contract period | 2 Aug 2026 - 2 Aug 2030 | | Recurrence | 2030-04-28 | ## Values | Field | Value | | --- | --- | | Tender value | £8,000,000 | | Lots value | £8,000,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Cancelled | | Lots status | Cancelled | | Awards status | Cancelled | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE RIVERSIDE GROUP LIMITED | | Additional buyers | Missing | | Locality | SPEKE, LIVERPOOL | | Post town | Liverpool | | Postcode | L24 8RF | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD7 Merseyside | | ITL 3 | TLD72 Liverpool | | Local authority | Liverpool | | Electoral ward | Garston | | Westminster constituency | Liverpool Garston | | Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLM Scotland | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services ### Codes - 48400000 - Business transaction and personal business software package - 66600000 - Treasury services ## Release History - 11 May 2026 at 08:38 - TenderCancellation - UK12 - Procurement Termination Notice - https://www.find-tender.service.gov.uk/Notice/042817-2026 - 28 Apr 2026 at 10:37 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/038456-2026 - 18 Nov 2025 at 13:32 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/074767-2025 - 30 May 2025 at 10:23 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/028716-2025 ## Documents - https://www.find-tender.service.gov.uk/Notice/042817-2026 11th May 2026 - Procurement termination notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/038456-2026 28th April 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/074767-2025 18th November 2025 - Preliminary market engagement notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/028716-2025 30th May 2025 - Pipeline notice on Find a Tender ## Notice URLs - https://in-tendhost.co.uk/theriversidegroup/aspx/Home - https://www.legislation.gov.uk/ukpga/2023/54/contents ## 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-052982. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-052982.json.