RFP QuestBeta
OpenStage · tender 2005 days to close

The Minister for the Cabinet Office acting through Crown Commercial Service

Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

Financial ServicesCPV 66000000
Value£800.0m
Deadline7 Jan 2032
Published8 Dec 2023
RegionNationwide
Contract value in context
£800.0mtotal contract value
median £150k
this tender£0£864.0m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.

The Agreement will be a Dynamic Purchasing System (DPS).

This will be called RM6301: Open Banking DPS (Data, Digital Payments and Confirmation of Payee Services).

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to: Digital Payment Services Account Information Services Confirmation of Payee (CoP) Services This will be the first agreement for Open Banking Services CCS has developed.

We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn.

The agreement is expected to run for 8 years and suppliers wil…

Key requirements

What the supplier must deliver

01

This agreement will provide a vehicle

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to:.

02

The agreement is expected to run

The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.

Derived from the notice text — always confirm against the original documents.

Source & provenance
OCID
ocds-h6vhtk-03d4ae
Stage
tender · Open
Source
Find a Tender
Buyer ref
036166-2023
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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