Official UK procurement notice
Cash Disbursement – Prior Information Notice
Authority: Department for Work & Pensions (Central government)
What is being bought
Published requirement descriptionThe purpose of this PIN is to inform market operators of a potential future exercise to procure services supporting national UK & NI cash disbursement. This PIN is to seek insight from market operators to assess market suitability, support DWP’s understanding of the available services, and identify market innovations that support cash disbursement to unbanked citizens.
We invite market operators to attend a pre-market engagement event planned for 2/8/2023. This will be recorded and can be viewed by market operators unable to attend the live event (available until 20/8/23). In addition, we would like to offer interested parties a follow up 1-1 session to allow market operators to provide further insight to DWP. If operators are interested, in a 1-1 session please notify DWP through the provided address, this option again can be considered at a later date (until 25/8/23) once market operators have viewed the recorded event.
A further Prior Information Notice may be issued should DWP proceed to a procurement, however market operators should be aware DWP is not committed to or guarantees a procurement at this stage. DWP reserves the right to withdraw or amend the intentions of this Prior Information Notice at any time. Any costs incurred in attending the pre-market engagement or 1-1 sessions will be borne by the market operator.
CPV: Administration services · Banking services · Financial consultancy, financial transaction processing and clearing-house services
The lotProcurement structure
single lot · no lot value publishedLot #1A Strategic Service to ensure payment of benefit entitlement to benefit customers who…Planned
A Strategic Service to ensure payment of benefit entitlement to benefit customers who do not have a bank account. Additional information: DWP is considering at this time a service proposition that includes DWP alongside other government departments including Department for Communities. The service most would likely need to be assured to regulatory standards, including Financial Conduct Authority (FCA) and all payment industry standards.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Past planning notice
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 20 Jul 2023, 16:39 BST
- Last source update
- 20 Jul 2023, 16:39 BST
- FTS notice number
2023/S 000-021011- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03e3fcFind a Tender
Publisher note: DWP would like to invite representatives from organisations to attend a presentation which provides information on the potential service and expectations of DWP. This presentation will be recorded and can be viewed by market operators unable to attend the live event until 20/8/23. DWP would like to offer interested parties a follow up 1-1 session (up to 25/8/23) to allow market operators to provide further insight to DWP. If operators are interested, please notify this is the case through the provided contact details. To register your interest for the event on 2/08/23, please contact by email: [email protected] before 13:00 hours on 28/07/2023. Following registration of interest, we will follow up with event details closer to the date sent to the registered email.
How it was run
Official notice- Submission deadline
- —
Timeline
20 Jul 2023 → 31 Mar 2024 · 2 dates- Notice published20 Jul 2023, 16:39 BST
- Tender notice expected31 Mar 2024
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.