Find a TenderAwarded
Published 18 Jun 2024, 11:48 BST

Official UK procurement notice

Payment Account Comparison (PACS) Tool Data Feed

Official notice

Authority: MONEY AND PENSIONS SERVICE (Central government)·Consortium: 3 public authorities

ServicesOpen procedure
Published estimate£293,333exc. VAT · 1 value update25.6% above published estimate
Submissions closed 6 Dec 2024awarded 13 Apr 2025
Awarded to Defaqto Limited

What is being bought

Published requirement description

Contract 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 published
Lot #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.

Delivery: UK
Extensions: 12 months optional extension periodVariant bids: not allowed

What it takes to win
i

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 more
How bids were scored
  • 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)
Banking servicesInsurance and pension servicesOther community, social and personal services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0470b3 Find a Tender

How it was run

Official notice
Run through: Atamis (Health Family) · Who buys & how to bid on Atamis
Supplier login requiredLanguage: EN
Access & registration note: Free · one account PER buying organisation portal · password resets come "from Salesforce.com" (check spam)
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
Detailed submission instructions & authority contactsFrom official release

Timeline

19 Jun 2024 → 16 Jun 2025 · 4 dates
  1. Next notice expected
    19 Jun 2024, 00:00 BST
  2. Submission deadline
    6 Dec 2024, 17:00 GMT
  3. Bids opened
    9 Dec 2024, 09:00 GMT
  4. Notice published
    16 Jun 2025, 16:09 BST

Notice history

7 events · 5 releases on Find a Tender · since 6 Nov 2024
  1. Published value published: £293,333
    6 Nov 2024, 14:24 GMT
  2. Status changed to active
    6 Nov 2024, 14:24 GMT
  3. Procurement method changed
    6 Nov 2024, 14:24 GMT
  4. Deadline published: 6 Dec 2024, 17:00 GMT
    6 Nov 2024, 14:24 GMT
  5. Buyer details updated
    6 Nov 2024, 14:24 GMT
  6. Status changed to complete
    16 Jun 2025, 16:09 BST
  7. Buyer details updated
    16 Jun 2025, 16:09 BST
Published amendments (2 · 0 deadline changes)
WhenWhatBeforeAfterShift
—TextNUTS code · I.1UKI31 - Camden and City of LondonBedford
—TextShort description · II.1.4Under 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.2.4Therefore 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.2.4Therefore 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
Awards 1
Awarded value £368,3001 contract exc. VAT
Bids received 1
Contracts signed 1latest 13 Apr 2025
Awarded toValueDateStatus
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

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

2 public bodies on the notice

MONEY AND PENSIONS SERVICE

Contracting authorityCentral GovernmentBody governed by public lawEconomic affairsMinistry or any other national or federal authority, including their regional or local subdivisions Money and Pensions Service Borough Hall, Bedford, UK, MK429ABContact name, email

Dispute resolution & review bodies

  • Royal Court of JusticeReview body LONDON
  • The High CourtReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Defaqto LimitedAwarded supplierGB-COH: 02870220 Unit 12, Haddenham Business Park, Haddenham, UK

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria