Lot 1
The Invitation to Tender is intended to be published before the end of July 2024.
Buyer: Ministry of Justice →
This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority"). This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority. The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services. The provision of these services is critical to the processing of the court operations and involves the handling of high volumes of processing tasks, including receipting, payments, validation, reconciliation, and consolidation of up to 10 million transactions (over £3bn) per year. The Authority intends to appoint a supplier to implement a service that will include integrating and maintaining a system that can pay, receive, account and reconcile high volumes of data and financial transactions. It will incorporate the ability to drill down to detailed transactional levels, support the management of individual cases, include exception handling process and the implementation of efficiencies and improved ways of working. The supplier is also required to undertake a transition programme, including data migration, in parallel to the incumbent service. The procurement will be managed, and the procurement documents made available, via the Authority’s Jaggaer eSourcing Portal. The Invitation to Tender is intended to be published before the end of July 2024.
UK
The Invitation to Tender is intended to be published before the end of July 2024.
| Item | Category | Quantity |
|---|---|---|
| 1 | Financial transaction processing and clearing-house services | Not published |
Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial transaction processing and clearing-house services (66172000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.
| Comparison set | Procedures | Reported bids per procedure | Named award suppliers | Price evidence |
|---|---|---|---|---|
| Market: CPV division 66 | 2,758 | 3 median · 17.2 average (1,185 of 2,758 with a bid count) | 2.5 average (1,317 of 2,758 with named award suppliers) | Not published |
| Same buyer | 9 | 3 median · 5 average (3 of 9 with a bid count) | 1.7 average (3 of 9 with named award suppliers) | Not published |
| Delivery region: UK | 893 | 5 median · 28.1 average (350 of 893 with a bid count) | 3.3 average (389 of 893 with named award suppliers) | Not published |
“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.
Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.
No planning milestones published.
No linked framework, prior procurement or reprocurement published.
No documents are published in the current source record.
Diagnostic view. “Not published” means this current release does not provide a value.
| OCID | ocds-h6vhtk-047dd4 |
|---|---|
| Latest release ID | 021897-2024 |
| Latest release timestamp | Tue Jul 16 2024 15:04:36 GMT+0000 (Coordinated Universal Time) |
| Source | find-a-tender |
| Official notice URL | Not published |
| Tender status | planned |
| Procurement method | Not published |
| Procurement method details | Not published |
| Main procurement category | services |
| Above threshold | Not published |
| Legal basis | 32014L0024 |
| Tender period: start | Not published |
| Tender period: end | Not published |
| Expression of interest deadline | Not published |
| Enquiry deadline | Not published |
| Award period: start | Not published |
| Award period: end | Not published |
| Submission method details | Not published |
| Submission languages | Not published |
| Electronic catalogue policy | Not published |
| Total tender value | Not published |
| Tender lots in source | 1 |
| Tender items in source | 1 |
| Tender documents in source | 0 |
| Awards in latest release | 0 |
| Contracts in latest release | 0 |
| Parties in latest release | 1 |
| Date | Event | Reference |
|---|---|---|
| 16 Jul 2024 | planning | 021897-2024 |
Unmodified official OCDS data retained by Tenderline for this procurement process.
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