Official UK procurement notice
Payment Account Comparison (PACS) Tool Data Feed
Authority: MONEY AND PENSIONS SERVICE (Central government)·Consortium: 3 public authorities
What is being bought
Published requirement descriptionContract for the provision of a data feed of the Payment Service Providers' (PSP) Payment account products, and to compare a specific and limited list of fees and charges known as the Linked Services list for the Payment Account Comparison Tool operated by MaPS.
CPV: Banking services · Insurance and pension services · Other community, social and personal services
The lotProcurement structure
single lot · no lot value publishedLot #1The procurement was concluded under the PCR2015 regulationsAwardedRenewal
The procurement was concluded under the PCR2015 regulations. The contracting authority awarded the contract based on the most economically advantageous tender (MEAT) with a weighting split of 70% Quality, 10% Social Value and 20% Price.
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).
- Price
Procedure terms & legal framework
From the official record- Procedure method
- Open 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
- No (one-off requirement)
- First published
- 18 Jun 2024, 11:48 BST
- Last source update
- 16 Jun 2025, 16:09 BST
- Award evaluation window
- 9 Dec 2024 – …
- Authority reference
C0766- FTS notice number
2025/S 000-032710- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0470b3Find a Tender
How it was run
Official notice- Submission deadline
- 6 Dec 2024, 17:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 9 Dec 2024, 09:00 GMT
Timeline
19 Jun 2024 → 16 Jun 2025 · 4 dates- Next notice expected19 Jun 2024, 00:00 BST
- Submission deadline6 Dec 2024, 17:00 GMT
- Bids opened9 Dec 2024, 09:00 GMT
- Notice published16 Jun 2025, 16:09 BST
Notice history
7 events · 5 releases on Find a Tender · since 6 Nov 2024- Published value published: £293,3336 Nov 2024, 14:24 GMT
- Status changed to active6 Nov 2024, 14:24 GMT
- Procurement method changed6 Nov 2024, 14:24 GMT
- Deadline published: 6 Dec 2024, 17:00 GMT6 Nov 2024, 14:24 GMT
- Buyer details updated6 Nov 2024, 14:24 GMT
- Status changed to complete16 Jun 2025, 16:09 BST
- Buyer details updated16 Jun 2025, 16:09 BST
Published amendments (2 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | TextNUTS code · I.1 | UKI31 - Camden and City of London | Bedford | |
| — | TextShort description · II.1.4 | Under the Financial Conduct Authority's Payment Accounts Directive (PAD), the Money and Pensions Service (MaPS) has a statutory duty to provide a web-based Payment Accounts Comparison (PACT) Tool. The aim of PAD is to improve access to payment accounts, increasing competition and making fees and charges more transparent and comparable. As such, MaPS had to create an operationally independent tool … | MaPS is seeking an external provider to supply Datafeed. An external provider is required to supply a data feed of the Payment Service Providers' (PSP) Payment account products, and to compare a specific and limited list of fees and charges known as the Linked Services list. The current contract for this service expires in September 2024. | |
| — | TextDescription of the procurement · II.2.4 | Therefore MaPS is issuing this Early Engagement notice to ascertain interest from the market prior to any potential tender process for this data provision service. MaPS would request that any providers who would be interested in bidding for this opportunity to please indicate this by replying to the contact email address [email protected] with your organisation name and email by 17.00 on 26th… | Under the Financial Conduct Authority's Payment Accounts Directive (PAD), the Money and Pensions Service (MaPS) has a statutory duty to provide a web-based Payment Accounts Comparison (PACT) Tool. The aim of PAD is to improve access to payment accounts, increasing competition and making fees and charges more transparent and comparable. As such, MaPS had to create an operationally independent tool … | |
| — | TextDescription of the procurement · II.2.4 | Therefore MaPS is issuing this Early Engagement notice to ascertain interest from the market prior to any potential tender process for this data provision service. MaPS would request that any providers who would be interested in bidding for this opportunity to please indicate this by replying to the contact email address [email protected] with your organisation name and email by 17.00 on 26th… | Under the Financial Conduct Authority's Payment Accounts Directive (PAD), the Money and Pensions Service (MaPS) has a statutory duty to provide a web-based Payment Accounts Comparison (PACT) Tool. The aim of PAD is to improve access to payment accounts, increasing competition and making fees and charges more transparent and comparable. As such, MaPS had to create an operationally independent tool … |
2 amendments published without a description.
Routine re-releases (5)
- 2024-06: 2 releases · 18 Jun 2024, 18 Jun 2024
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Defaqto LimitedPayment Account Comparison Tool Data Feed | £368,300 † | — | Awarded |
Contracts
Payment Account Comparison Tool Data Feed · Defaqto Limited
- Signed
- 13 Apr 2025
- Value
- £368,300
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- Royal Court of JusticeReview body
- The High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Defaqto LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria