RFP QuestBeta
ClosedStage · tender

HM Treasury

Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance

Financial ServicesCPV 72000000
ValueValue not published
Deadline17 Nov 2025
Published5 Nov 2025
RegionNationwide
Timeline
Published 5 Nov 2025ClosedCloses 17 Nov 2025
Who to contact
Carlos Freitas
digit@hmtreasury.gov.uk

The procurement contact named on the official notice.

How to submit

Tender responses to be submitted via email to digit@hmtreasury.gov.uk

The submission route named on the official notice.

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The brief

HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024.

The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events.

The proposal also includes requirements that concern interoperability functionality and connectivity.

The Authority has not specified any particular contract value in this Tender Notice and will consider commercial proposals to ascertain the total value of the contract.

The Authority expects to award the contract during w/c 15 December 2025.

This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.

Key requirements

What the supplier must deliver

01

The proposal requires Supplier(s) to develop

The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events.

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

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Source & provenance
OCID
ocds-h6vhtk-04ee43
Stage
tender · Open
Source
Find a Tender
Buyer ref
071439-2025
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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