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Official procurement procedure

Core Banking, Payment, Reporting and Business-to-Business Services

Banking and investment services
London (UKI32)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: NS&I: "Core Banking, Payment, Reporting and Business-to-Business Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityNS&IScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: NS&I
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for NS&I. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2Bids / Report
50% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2 active published awards; 2 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityNS&I
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published24 Jan 2025, 15:41 GMT
Last source update24 Jan 2025, 15:41 GMT
Recurring procurementNot published
ClassificationBanking and investment services
Delivery area
London (UKI32)
OCIDocds-h6vhtk-04d633
What is being bought
A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.
What changed
From the official release history
  1. Status changed to complete
    24 Jan 2025, 15:41 GMT
  2. Official notice release published
    24 Jan 2025, 15:41 GMT
  3. Buyer information updated
    24 Jan 2025, 15:41 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    24 Jan 2025, 15:41 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 23 Dec 2024, 00:00 GMT · £474,380,000
Commercial outcome and competition
Awards
Atos IT Services UK Ltd
Not published · Not published · active
Contracts
Contract
£474,380,000 · signed 23 Dec 2024, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
Buyer and organisations in this procedure

NS&I

Contracting authority GB-FTS-80968
View buyer profile

  • NS&I
    buyer

    London, UK, SW1P 3BT
    jamie.thomas@nsandi.com

  • Atos IT Services UK Ltd
    supplier

    London, UKI31

  • High Court of England and Wales
    reviewBody

    Rolls Building, London, EC4A 1NL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleCompetition is absent for technical reasons. As the incumbent service provider Atos and its key sub-contractor(s) are the providers of the existing NS&I Core Banking platforms, which rely on interdependent leveraged technology and resources. The process of dis-aggregating these at the same time as building and deploying a new Core Banking instance would be sufficiently complex that it can only be practicably carried out by Atos IT Services UK without very significant disruption to NS&I customers. It is to be noted that the contract award is of relatively short duration, so that the services, once dis-aggregated and upgraded, can be taken back to market and re-procured. NS&I intends to publish a Planned Procurement Notice in due course, in this regard.