Official UK procurement notice
Money Transmission Services for Government Banking
Authority: HM Revenue & Customs (Central government)·Consortium: 3 public authorities
What is being bought3 lots · detail below
Published requirement descriptionHis Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.
Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers").
To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks.
The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service).
CPV: Banking services · Financial consultancy, financial transaction processing and clearing-house services · For foreign exchange · Foreign exchange services · Treasury services
Lots and requirements (3)Procurement structure
3 lots · all with a published value (£334,000,000 together) · win at most 2 of themLot #1House Bank AAwardedPublished value£99,000,000
Lot #2House Bank BPublished value£166,000,000
Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX.
GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope:
- Account Provision;
- Electronic Banking;
- Payment Products
- Reporting
- Customer Support
- Incident Management
- Overlay Services Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details.
If you are not already registered, the registration link is: hmrc.sourcing ↗ eu.ariba.com/ad/selfRegistration
As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address.
Once you
Show less additional text
have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact [email protected] (after first checking your spam in-box) confirming when your registration request was first made.
Once you have obtained 'your organization's account ID' number, please email [email protected] and [email protected] and copy in [email protected] and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received.
Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm ↗. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.
Lot #3Overseas PaymentsPublished value£69,000,000
Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details.
If you are not already registered, the registration link is: hmrc.sourcing ↗ eu.ariba.com/ad/selfRegistration
As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address.
Once you
Show less additional text
have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact [email protected] (after first checking your spam in-box) confirming when your registration request was first made.
Once you have obtained 'your organization's account ID' number, please email [email protected] and [email protected] and copy in [email protected] and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received.
Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm ↗. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Technical Quality: 60%
- Price: 30%
- Social Value: 10%
Published award criteria (3)
- Technical Quality: 60
- Social Value: 10
- Price: 30
- Suitability
To progress through to the Award Stage, in addition to the standard Selection Stage criteria, participants must be able to confirm;
They are licensed and regulated by the Financial Conduct Authority
- Technical & professional ability
Participants must have the capacity to manage the volumes to a similar order of magnitude to the current contract (indicative volumes will be provided as part of the tender documentation)
Payment scheme participation status - it is a requirement that any bidders (including the prime bidder in a consortium bid, that being the entity with whom the Authority would have a direct contractual relationship):
for Lots 1 and 2 must be direct participants of Bacs, Faster Payments and ICS on or before the date of contract award.
for Lot 3, bidders must be direct participants of SWIFT on or before the date of contract award.
Failure to conform with any of the above requirements will result in participants at Selection Stage failing to be invited to progress to the Award Stage.
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- 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
- Yes
- First published
- 20 Mar 2024, 12:09 GMT
- Last source update
- 12 Aug 2025, 11:26 BST
- FTS notice number
2025/S 000-047941- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-044ac2Find a Tender
How it was run
Official notice- Submission deadline
- 19 Apr 2024, 14:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
- Bid validity
- 180 days from the deadline
Timeline
19 Apr 2024 → 12 Aug 2025 · 3 dates- Submission deadline19 Apr 2024, 14:00 BST
- Invitations to tender expected28 May 2024, 00:00 BST
- Notice published12 Aug 2025, 11:26 BST
Notice history
6 events · 5 releases on Find a Tender · since 29 Jul 2025- Status changed to complete29 Jul 2025, 10:34 BST
- Procurement method changed29 Jul 2025, 10:34 BST
- Buyer details updated29 Jul 2025, 10:34 BST
- Procurement method changed31 Jul 2025, 08:46 BST
- Buyer details updated31 Jul 2025, 08:46 BST
- Buyer details updated12 Aug 2025, 11:26 BST
Published amendments (1 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | TextIV.1.1 | Open procedure | Restricted procedure |
1 amendment published without a description.
Routine re-releases (5)
- 2025-07: 1 release · 29 Jul 2025
- 2024-03: 1 release · 20 Mar 2024
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · House Bank A3 awards | |||
| NatWest GroupMoney Transmission Services House Bank B | £166,800,000 † | — | Awarded |
| CITIBANK N.A. LONDON BRANCH | £55,020,000 † | — | Awarded |
| Lloyds Bank Plc | £99,600,000 † | — | Awarded |
Contracts
Contract 047871-2025-1 · Lloyds Bank Plc
- Signed
- 28 Jul 2025
- Value
- £99,600,000
- Status
- active
Contract 044535-2025-1 · CITIBANK N.A. LONDON BRANCH
- Signed
- 3 Jul 2025
- Value
- £55,020,000
- Status
- active
Money Transmission Services House Bank B · NatWest Group
- Signed
- 18 Jun 2025
- Value
- £166,800,000
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · House Bank A | 5bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeBidders & participating suppliers
3 commercial parties on the notice- CITIBANK N.A. LONDON BRANCHAwarded supplier
- Lloyds Bank PlcAwarded supplier
- National Westminster Bank PLCAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.