Published date: 8 December 2023

Last edited date: 19 December 2023

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.


Closing: 7 January 2032, 11:59pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

United Kingdom

Value of contract

£800,000,000

Procurement reference

RM6301.

Published date

8 December 2023

Closing date

7 January 2032

Closing time

11:59pm

Contract start date

8 January 2032

Contract end date

9 January 2032

Contract type

Service contract

Procedure type

Restricted procedure (above threshold)

A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.

The Agreement will be a Dynamic Purchasing System (DPS). This will be called RM6301: Open Banking DPS (Data, Digital Payments and Confirmation of Payee Services).

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to:
Digital Payment Services
Account Information Services
Confirmation of Payee (CoP) Services

This will be the first agreement for Open Banking Services CCS has developed. We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn.

The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.

More information

Attachments

Links

Additional text

Please note the Closing Date, Contract Start Date and Contract End Date have been manipulated to support compatibility system issues. However please refer to the contract notice for the correct dates, timelines etc.

How to apply

Follow the instructions given in the description or the more information section.

About the buyer

Address

9th Floor, The Capital, Old Hall Street
Liverpool
L3 9PP
England

Telephone

+44 3150103503

Email

supplier@crowncommercial.gov.uk

Website

https://www.gov.uk/ccs