Summary
Machine-generated summaryThe Department for Work and Pensions (DWP) in the United Kingdom has announced a planned procurement for Short Term Payment Contingency services (Lot 1), part of the wider Payment Contingency Services. The service reformats Bacs payment files into Faster Payment files for submission into the Faster Payments infrastructure, ensuring benefits and pensions are paid on time in exceptional circumstances when DWP payment file releases are delayed. A separate linked procurement exists for a Sponsor Bank (Lot 2). Details, deadlines and any estimated value will be published in the UK4 Tender Notice on Find a Tender Service. All activities are managed via the DWP online portal (Atamis), where interested suppliers must register and express interest. Different processes may apply, and the procurement may be awarded, delayed or withdrawn independently.
Description
Official source
Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)
Always verify details on the official notice.
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Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 6 hours ago
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 157 awards for Financial & insurance services in United Kingdom.
- This notice
- €3.2M
- Median award
- €144,578
- Middle half of past awards
- €63,935 to €438,685
The estimate is larger than three in four past awards.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileDepartment for Work & Pensions
- notices in the register
- 60
- awards
- 52
- awarded in total
- €18.2M
Who wins its contracts
Many suppliers- different companies won its awards
- 41
- of the awards went to the three most frequent winners
- 16%
Based on 49 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.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - United Kingdom
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Arthur J. Gallagher Insurance Brokers Ltd | 15 | €3.3M | Oct 2026 |
| ALLPAY LIMITED | 11 | €6.9M | Sep 2026 |
| Barclays Bank Plc | 4 | €85.6M | Aug 2026 |
| HYMANS ROBERTSON LLP | 4 | €1.4M | Jun 2026 |
| ARLINGCLOSE LIMITED | 4 | €392,333 | Aug 2026 |
Based on 190 awards with a linked company profile over the last 2 years.
5 open tenders right now
- Sponsor Bank Service No deadline published
- Employment support products for JCS No deadline published
- Reducing Parental Conflict Digital Support - Separating & Separated Parents No deadline published
Market context
Larger than 85% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 2,261
- median open notice
- €450,000
Who wins in this market
Many suppliersUnited Kingdom · Financial & insurance services
- different companies won awards here
- 121
- of the awards went to the three most frequent winners
- 15%
- buyers awarded contracts here
- 118
Based on 188 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.
Change history
Every time an official source republished this notice with different content. We watch every source we index, including regional copies of the same notice.
-
Read before bidding
- Estimated value
-
Was:
€3,131,673 - Now: €3,180,660 +2%
- Scope and criteria
- The description was shortened. Re-read it before you bid.
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