Summary
Machine-generated summaryThe Department for Work and Pensions (DWP) in the United Kingdom has announced a planned procurement for a Sponsor Bank service, part of its Payment Contingency Services. This service is needed for the settlement of funds with the Bank of England and forms one of two linked but separate procurements; the other, the Short Term Payment Contingency service, reformats Bacs payment files into Faster Payment files. These services ensure benefit and pension payments reach customers on time in exceptional circumstances. Each procurement may be awarded, delayed or withdrawn independently, and different processes may apply. All activities will be managed via the DWP online portal (Atamis). No estimated value or deadline is stated. Further details will follow in the UK4 Tender Notice on Find a Tender Service.
Description
Official source
Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)
Always verify details on the official notice.
Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 1 month ago
More from this buyer
Full buyer profile3 open tenders right now
- Short Term Payment Contingency No deadline published
- Employment support products for JCS No deadline published
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 | 11 | €2.3M | Aug 2026 |
| ALLPAY LIMITED | 4 | €3.0M | Jul 2026 |
| KPMG LLP | 3 | €759,475 | Aug 2026 |
| EVOUCHERS LIMITED | 2 | €1.7M | Aug 2026 |
| AVC Wise Limited (T/a My Money Matters) | 2 | €454,227 | Aug 2026 |
Based on 77 awards with a linked company profile over the last 2 years.
Similar tenders
2
days left
€3,214,494
Market context
- Avg. open tender · Financial & insurance services
- €11,014,248
- Buyer track record on Aperlena
- 37 notices tracked · 32 awarded
- €13,438,818 in awarded contracts
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