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Contracts Finder (UK Cabinet Office) verified 1 day ago Contract award

Provision of IBCA's Payment Solution (BACS Bureau) Services

Awarded United Kingdom IT services

Buyer Cabinet Office

€353,928 awarded value

Key facts

Awarded
Estimated value
€471,904
converted from GBP
Procedure
Restricted procedure
  1. Deadline
  2. Awarded decided in 39 days
  3. Published
  4. Contract ends September 2029
View the official notice Watch this tender

This contract runs about 36 months, so it is back on the market around September 2029. Log in

Awarded to

Bottomline Technologies Limited

Awarded value
€353,928 25% under the estimate of €471,904
Award date
decided 39 days after the deadline
Record with this buyer
1 first contract from this buyer in the register
Back on the market
Sep 2029 How we know

When this contract comes back

This contract runs about 36 months, so it is back on the market around September 2029.

Every contract expiring, on the radar

Description

Contract for the provision of IBCA's BACS Bureau Service including the core service as:Finance and Transaction capabilities,Data Ingestion, processing and validation, Security, governance and compliance; Reporting, tracking and reconciliation; Onboarding, Testing and Training. Additional Services include: Fraud, CHAPS,Faster payments, and International Payments. and Cash Management Forecasting

Official source

Source: Contracts Finder (UK Cabinet Office)

Always verify details on the official notice.

Report an error in this notice

Last verified against Contracts Finder (UK Cabinet Office) 1 day ago

Documents on Contracts Finder (UK Cabinet Office) (English)

What this buyer has paid before

Based on 7 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€353,928
Estimated value
€471,904
Median award
€353,928
Middle half of past awards
€80,236 to €2.1M

The award sits inside the usual range.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Cabinet Office

United Kingdom

notices in the register
36
awards
31
awarded in total
€100.5M

Who wins its contracts

Many suppliers
different companies won its awards
27
of the awards went to the three most frequent winners
14%
of its calls state an estimated value
100%

Based on 28 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Awards most often to

  1. DATA CITY INNOVATIONS LTD 2 awards
  2. CGI 1 award €57.3M
  3. CORPORATE TRAVEL MANAGEMENT (NORTH) LIMITED 1 award €17.5M

2 open tenders right now

Market context

open now in IT services
3,225
median open notice
€563,955

Who wins in this market

Many suppliers

United Kingdom · IT services

different companies won awards here
668
of the awards went to the three most frequent winners
11%
buyers awarded contracts here
376

Based on 1,208 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

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