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Tenders

Short Term Payment Contingency

Open
Deadline
157 days left
December 15, 2026
Contract Details
Category
Restricted Procedure
Reference
030424-2026
Value
£3,221,000
Location
Inner London - West, United Kingdom
Published
July 03, 2026
CPV Code
Project Timeline

Tender Published

April 01, 2026

Deadline for Questions

December 08, 2026

Submission Deadline

December 15, 2026

Contract Start Date

June 30, 2027

Budget
£3,221,000
Duration
60 months
Location
Inner London - West
Type
Restricted Procedure

Original Tender Description

Short Term Payment Contingency (STPC) service to ensure benefit and pension entitlement payments are credited on the customer’s due date. The service reformats Bacs payments into Faster Payments for onward submission into the Faster Payment infrastructure in exceptional circumstances where there is a delay in DWP releasing the Bacs payment file(s).

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

Documents

3 documents available with AI summaries

OCDS RecordDOC
030424-2026_ocds_record.json

No summary available for this document.

OCDS Release PackageDOC
030424-2026_ocds_release.json

No summary available for this document.

Official PDF VersionPDF
030424-2026_official.pdf

No summary available for this document.

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Quality Score

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