Early Payment Scheme · UK public procurement notice

Official notice

Authority: South Tyneside Council (Local council)

ServicesAward procedure without prior publication of a call for competition

Sectors: Financial and insurance services (66) Delivery: North East (UKC22)

Awarded value£1,858,075published contract · exc. VAT

Awarded 11 Jun 2026no call for competition

Awarded to Oxygen Finance

What is being bought

Published requirement description

Provision of an early payment scheme

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: North East

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 15 Jun 2026, 09:19 BST
Last source update: 15 Jun 2026, 09:19 BST
Authority reference: S6556
FTS notice number: 2026/S 000-055983
Classification (CPV): Financial and insurance services
Delivery area: North East (UKC22)
Official registry OCID: ocds-h6vhtk-06b490 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: Direct award from NEPO521 Early Payment Scheme Framework

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,858,0751 contract exc. VAT

Bids received 1

Contracts signed 1latest 11 Jun 2026

Awarded to	Value	Date	Status
Oxygen FinanceSME	£1,858,075 †	—	Awarded

Contracts

Contract 055983-2026-S6556-1 · Oxygen FinanceSME
Signed
11 Jun 2026
Value
£1,858,075
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

South Tyneside Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Town Hall and Civic Offices, Westoe Road, South Shields, North East, NE332RLContact name, email

Dispute resolution & review bodies

South Tyneside CouncilReview body South

Bidders & participating suppliers

1 commercial party on the notice

Oxygen Finance LimitedAwarded supplierGB-COH: 05288899 1 st Floor, Enterprise House 115 Edmund Street, Birmingham,, North East, B3 2HJ

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.