Published date: 12 August 2021
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial information systems - 48812000
Banking services - 66110000
Financial consultancy, financial transaction processing and clearing-house services - 66170000
Location of contract
United Kingdom
Value of contract
£9,000,000
Procurement reference
CW34509
Published date
12 August 2021
Closing date
29 March 2021
Closing time
12pm
Contract start date
3 August 2021
Contract end date
2 August 2023
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
HMRC is the UK's tax, payments and customs authority. We collect the money that pays for the UK's public services. Our strategic objectives to help us achieve this, and become a world-class organisation, are:
• Maximise revenues and bear down on avoidance and evasion;
• Transform tax and payments for our customers; and
• Design and deliver a professional, efficient and engaged organisation.
Focusing on these objectives the Authority wishes to procure the provision of the service to use Confirmation of Payee (CoP) to make it easier for our customers to make bank transactions to and from the Authority. Individuals and organisations can transact with the Authority via a growing number of online internal and external services, many of which require the user to supply bank account details. These online services currently use industry standard checks, sort code data and third-party APIs to validate bank account details. The addition of CoP service shall allow the Authority to improve this validation process, which consequently will make these online services easier to use and provides additional means for preventing and detecting fraud.
Bidders must have an existing relationship with a sponsor who has Open Banking credentials possess access through an authorised participant bank or be able to demonstrate to the Authority that the bidder can ensure a sponsor will be in place before the effective date.
Central government strategy is moving towards 'Government as a platform'. As a result, the Authority needs to ensure that it is not limited in how it makes its services available to other government bodies, local government and the wider public sectors. This contract will be enabled for all public sector organisations to use, including but not limited to: Central Government Departments and their arm's length bodies (ALBs), education and higher-education sector, housing associations, NHS trusts, local authorities and charities. The maximum contract value, including the Authority and any other service beneficiaries, will be £9million over the contract period of two (2) years plus a possible one (1) year extension. The Authority's specific requirement for the Services as a share of the maximum contract value is anticipated to be £1.7million over the contract period.
More information
Attachments
-
- Terms and Conditions - Tier 3 Model ICT Contract REDACTED.pdf
- Signed contract
- HMRC Terms & Conditions redacted
-
- Schedules - Tier 3 Model ICT Contract REDACTED.zip
- Contract schedules
- Contract Schedules redacted
Award information
Awarded date
19 May 2021
Contract start date
3 August 2021
Contract end date
2 August 2023
Total value of contract
£9,000,000
This contract was awarded to 1 supplier.
National Westminster Bank Plc
Address
135 Bishopsgate
EC2M 3UR
GBReference
Companies House number: 00929027
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Bhavina Patel
Address
Ralli Quays
3 Stanley Street
LONDON
M60 9LA
England
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Closing: 29 March 2021, 12pm