Published date: 6 February 2025

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


Closing: 20 December 2024, 5pm

Contract summary

Industry

  • Banking and investment services - 66100000

  • Banking services - 66110000

  • Central bank services - 66111000

    • Deposit services - 66112000

    • Credit granting services - 66113000

    • Micro-credit granting services - 66113100

    • Financial leasing services - 66114000

    • International payment transfer services - 66115000

    • Investment banking services and related services - 66120000

    • Mergers and acquisition services - 66121000

    • Corporate finance and venture capital services - 66122000

    • Brokerage and related securities and commodities services - 66130000

    • Security brokerage services - 66131000

    • Pension investment services - 66131100

    • Commodity brokerage services - 66132000

    • Processing and clearing services - 66133000

    • Portfolio management services - 66140000

    • Pension fund management services - 66141000

    • Financial markets administration services - 66150000

    • Financial market operational services - 66151000

    • Electronic marketplace retailing services - 66151100

    • Financial market regulatory services - 66152000

    • Trust and custody services - 66160000

    • Trust services - 66161000

    • Custody services - 66162000

    • Financial consultancy, financial transaction processing and clearing-house services - 66170000

    • Financial consultancy services - 66171000

    • Financial transaction processing and clearing-house services - 66172000

    • Foreign exchange services - 66180000

    • Loan brokerage services - 66190000

Location of contract

SW1P 3BT

Value of contract

£474,380,000

Procurement reference

24-X-01-166

Published date

6 February 2025

Closing date

20 December 2024

Closing time

5pm

Contract start date

23 December 2024

Contract end date

31 March 2028

Contract type

Service contract

Procedure type

Negotiated procedure without prior publication (above threshold)

The opportunity was not advertised, because for example only one supplier is capable of delivering the requirement, or due to extreme urgency brought about by unforeseen events.

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

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.

More information

Links

Award information

Awarded date

23 December 2024

Contract start date

23 December 2024

Contract end date

31 March 2028

Total value of contract

£474,380,000

This contract was awarded to 1 supplier.

Atos IT Services UK Ltd

Address

Mid City Place
High Holborn
London

Reference

Companies House number: 01245534

Value of contract

£474,380,000

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Jamie Thomas

Address

Sanctuary Buildings
20 Great Smith Street
London
SW1P 3BT
England

Email

jamie.thomas@nsandi.com