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Find a Tender Service (UK Cabinet Office / Crown Commercial Service) verified 6 hours ago Contract notice

Short Term Payment Contingency

Open United Kingdom Financial & insurance services

Buyer Department for Work & Pensions

€3.2M estimated value · €3,180,660 · converted from GBP

Key facts

Published
No deadline published
Procedure
Restricted procedure
  1. Published

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Summary

Machine-generated summary

The 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 Different processes may apply, and the procurement may be awarded, delayed or withdrawn independently.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

The Department for Work and Pensions (DWP) wish to give notice of planned procurement opportunity in relation to two linked but separate future procurements for DWP payment contingency services (together referred to in this notice as the “Payment Contingency Services (“PCS”)).   The intention of the PCS is to ensure DWP has robust contingencies in place to make benefit and pension entitlement payments to its customers on the dates they are due. The PCS are invoked only in exceptional circumstances where there is a delay in DWP releasing Bacs payment file(s).   The DWP intends for the relevant services to be provided under two separate, interdependent contracts (both of which are required to allow for invocation of PCS) as follows:  Short Term Payment Contingency (“STPC”) : This service reformats Bacs payments files into Faster Payment files for onward submission into the Faster Payment infrastructure   Sponsor Bank (“SB”) : This service is required for the settlement of funds with the Bank of England.   Please note that as these are separate procurements, different procurement processes and/or commercial approach may apply to each procurement. In addition, each procurement may be awarded, delayed, or withdrawn independently of the other.   This notice relates specifically to the STPC procurement. A separate UK3 Planned Procurement Notice has been issued for the SB procurement, which can be found on Find a Tender Service.   Please note that: - Further information and relevant guidance will be provided in or with the UK4 Tender Notice, published on Find a Tender Service website. - UK 4 Notice and associated procurement documents provided with that notice will outline how and when to express your interest to participate in the procurement process. - All procurement activities will be managed via DWP online portal (Atamis). - Procurement related documentation will be issued via Atamis. - Full guidance on registration and system navigation will be provided in or with the UK4 Notice. - It is mandatory for any interested suppliers to register on the new Central Digital Platform (CDP) which is part of the enhanced Find a Tender Service in order to participate in any future procurements. Details of how to register will be included in or with the UK4 Notice. - The DWP will not be liable for any expenditure, work, or effort incurred by a provider in acting based on this notice.  - The information provided in this notice is for indicative purposes only. The DWP reserves its rights to amend any of the information included in the notice. - DWP reserves the right to add or remove stages throughout the procurement process or to reduce the tendering period in future (in accordance with the PA 23). The DWP also reserves the right to decide not to proceed with this procurement. - Please note, that involvement in Preliminary Market Engagement (PME) which was taking place 12/05/2026 or the One-to-One supplier events taking place between 01/06/2026 and 05/06/2026 are not a pre-requisite for participating in the procurement process. Please see the following link to the UK2 PME Notices for both STPC and SB - Short Term Payment Contingency Service - Find a Tender and Sponsor Bank Service - Find a Tender . - This procurement will be conducted using the new procurement regime - Procurement Act 2023​. - It is currently anticipated that this procurement will follow a one stage Competitive Flexible Procedure.

Official source

Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)

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Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 6 hours ago

Documents on Find a Tender Service (UK Cabinet Office / Crown Commercial Service) (English)

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.

Department for Work & Pensions

United Kingdom

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

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 suppliers

United 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.

  1. 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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