Find a Tender
planned
Official procurement procedure
Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS
Banking services
Data services
Financial and insurance services
UK
Published value
£800,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: The Minister for the Cabinet Office acting through Crown Commercial Service: "Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS". Published status: planned. Published value: £800,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | The Minister for the Cabinet Office acting through Crown Commercial Service | Scope & Categories | Not published | Submission Window | planned No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £800,000,000 |
Bidder Intelligence · Authority Profile: The Minister for the Cabinet Office acting through Crown Commercial Service
Market Analytics
Derived from OCDS awards & bid statistics
Published history for The Minister for the Cabinet Office acting through Crown Commercial Service. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Competition Density
23.3Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 148 active published awards; 145 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. Price reduction 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 Unpublished data stays unknown.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 AuthorityThe Minister for the Cabinet Office acting through Crown Commercial Service | Procedure methodNot published | Procurement categoryNot published |
Statusplanned | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published27 Jun 2023, 17:29 BST | Last source update27 Jun 2023, 17:29 BST | Recurring procurementNot published |
ClassificationBanking services, Data services, Financial and insurance services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-03dcf2 | ||
What is being bought
Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.
The Agreement will be a Dynamic Purchasing System (DPS). This will be called RM6301: Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS.
This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to:
" Digital Payment Services
" Account Information Services
" Confirmation of Payee (CoP) Services
This will be the first agreement for Open Banking Services CCS has developed. We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn.
The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.
What changed
From the official release history
- Published value updated to £800,000,000
27 Jun 2023, 17:29 BST - Status changed to planned
27 Jun 2023, 17:29 BST - Official notice release published
27 Jun 2023, 17:29 BST - Buyer information updated
27 Jun 2023, 17:29 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedplannedPublished valueNot publishedCCS is launching a DPS as a vehicle to facilitate central government and public sector access to Open Banking and related services. Additional information: We currently do not intend to provide core merchant acquiring services through this DPS. However, this may be subject to change in the future. At present, core merchant acquiring services will be made available through our upcoming Payment Acceptance 2 agreement.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
27 Jun 2023, 17:29 BST
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
The Minister for the Cabinet Office acting through Crown Commercial Service
Contracting authority GB-FTS-575Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published