Published date: 14 July 2020

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 7 February 2020

Contract summary

Industry

  • Financial and insurance services - 66000000

  • Banking and investment services - 66100000

  • Banking services - 66110000

Location of contract

Any region

Value of contract

£190,800

Procurement reference

tender_218152/869437

Published date

14 July 2020

Closing date

7 February 2020

Contract start date

1 July 2020

Contract end date

30 June 2021

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This notice is to advise of the award of contract for the Sponsor Bank element of the Short Term Payment Contingency service. Sponsor Bank services are required to manage funding in the event that the Department for Work and Pensions invokes the Short Term Payment Contingency service.

More information

Attachments

Award information

Awarded date

30 June 2020

Contract start date

1 July 2020

Contract end date

30 June 2021

Total value of contract

£190,800

This contract was awarded to 1 supplier.

HSBC Bank PLC

Address

8 Canada Square, London, E14 5HQ

Reference

Companies House number: 00014259

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Phase 2, Peel Park, Brunel Way,
Blackpool
FY4 5ES
England

Email

kirsty.turner@dwp.gov.uk