Published date: 6 February 2025
Awarded contract - This means that the contract has been awarded to a supplier.
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
-
- https://app.panacea-software.com/nsandi/
- Tender notice
- ⭐ Click above to Apply (link to e-procurement portal)
-
- https://www.find-tender.service.gov.uk/Notice/002584-2025
- Award notice
- Link to Find A Tender Service notice of award
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
LondonReference
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
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Closing: 20 December 2024, 5pm