TenderlineUK
Procurement Intelligence
Official OCDS
Find a Tender
planned
Official procurement procedure

Short Term Payment Contingency

Financial and insurance services
Location not published
Published value
£2,684,000
Submission deadline 16 Oct 2026, 23:45 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Department for Work & Pensions: "Short Term Payment Contingency". Published status: planned. Published value: £2,684,000. 1 published lot. Recorded submission deadline: 16 Oct 2026, 23:45 BST. See the official notice for participation instructions.
Contracting AuthorityDepartment for Work & PensionsScope & CategoriesNot publishedSubmission Window
39d 21h left
16 Oct 2026, 23:45 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£2,684,000
Bidder Intelligence · Authority Profile: Department for Work & Pensions
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Department for Work & Pensions. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
1Bids / Report
100% of reports have one bid
Supplier ConcentrationHigh Concentration
Veran Performance LimitedTop vendor: 88.9% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 128 active published awards; 1 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. Published-to-award variance 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 Unpublished data stays unknown.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.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
Veran Performance Limited1 win£5,500,000
Gartner UK Limited1 win£469,500
Copyright Licensing Agency1 win£119,479
O'REILLY MEDIA INC1 win£99,450
Procedure terms
Contracting AuthorityDepartment for Work & Pensions
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
Published7 Aug 2026, 16:28 BST
Last source update7 Aug 2026, 16:28 BST
Recurring procurementNot published
ClassificationFinancial and insurance services
Delivery areaLocation not published
OCIDocds-h6vhtk-0615c5
What is being bought
The Department for Work and Pensions (DWP) wish to give notice of planned procurement opportunity in relation to two linked but separate future procurements for DWP payment contingency services (together referred to in this notice as the “Payment Contingency Services (“PCS”)).   The intention of the PCS is to ensure DWP has robust contingencies in place to make benefit and pension entitlement payments to its customers on the dates they are due. The PCS are invoked only in exceptional circumstances where there is a delay in DWP releasing Bacs payment file(s).   The DWP intends for the relevant services to be provided under two separate, interdependent contracts (both of which are required to allow for invocation of PCS) as follows:  Short Term Payment Contingency (“STPC”) - Lot 1: This service reformats Bacs payments files into Faster Payment files for onward submission into the Faster Payment infrastructure   Sponsor Bank (“SB”) – Lot 2: This service is required for the settlement of funds with the Bank of England.   Please note that as these are separate procurements, different procurement processes and/or commercial approach may apply to each procurement. In addition, each procurement may be awarded, delayed, or withdrawn independently of the other.   This notice relates specifically to the STPC procurement. A separate UK3 Planned Procurement Notice has been issued for the SB procurement, which can be found on Find a Tender Service.   Please note that: - Further information and relevant guidance will be provided in or with the UK4 Tender Notice, published on Find a Tender Service website. - UK 4 Notice and associated procurement documents provided with that notice will outline how and when to express your interest to participate in the procurement process. - All procurement activities will be managed via DWP online portal (Atamis). - Procurement related documentation will be issued via Atamis. - Full guidance on registration and system navigation will be provided in or with the UK4 Notice. - It is mandatory for any interested suppliers to register on the new Central Digital Platform (CDP) which is part of the enhanced Find a Tender Service in order to participate in any future procurements. Details of how to register will be included in or with the UK4 Notice. - The DWP will not be liable for any expenditure, work, or effort incurred by a provider in acting based on this notice.  - The information provided in this notice is for indicative purposes only. The DWP reserves its rights to amend any of the information included in the notice. - DWP reserves the right to add or remove stages throughout the procurement process or to reduce the tendering period in future (in accordance with the PA 23). The DWP also reserves the right to decide not to proceed with this procurement. - Please note, that involvement in Preliminary Market Engagement (PME) which was taking place 12/05/2026 or the One-to-One supplier events taking place between 01/06/2026 and 05/06/2026 are not a pre-requisite for participating in the procurement process. Please see the following link to the UK2 PME Notices for both STPC and SB - Short Term Payment Contingency Service - Find a Tender and Sponsor Bank Service - Find a Tender . - This procurement will be conducted using the new procurement regime – Procurement Act 2023​. - It is currently anticipated that this procurement will follow a one stage Competitive Flexible Procedure.
What changed
From the official release history
  1. Official notice release published
    7 Aug 2026, 16:28 BST
  2. Official notice release published
    7 Jul 2026, 15:30 BST
  3. Published value updated to £2,684,000
    5 Jun 2026, 16:32 BST
  4. Official notice release published
    5 Jun 2026, 16:32 BST
  5. Published value updated to £2,684,640
    1 May 2026, 13:37 BST
  6. Official notice release published
    1 May 2026, 13:37 BST
  7. Published value updated to £2,684,000
    1 Apr 2026, 14:44 BST
  8. Official notice release published
    1 Apr 2026, 14:44 BST
  9. Official notice release published
    3 Feb 2026, 16:39 GMT
  10. Status changed to planned
    3 Feb 2026, 16:31 GMT
  11. Official notice release published
    3 Feb 2026, 16:31 GMT
  12. Buyer information updated
    3 Feb 2026, 16:31 GMT
  13. Published tender amendment
    Not published
    Amendments to the Notice: Tender Notice Publication Date Clarification Period Date Tender Submission Date Description: one stage Competitive Flexible Procedure
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published value£2,684,000
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Pipeline notice
    7 Aug 2026, 16:28 BST
  2. Procedure published
    7 Aug 2026, 16:28 BST
  3. Submission deadline
    16 Oct 2026, 23:45 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Department for Work & Pensions

Contracting authority GB-PPON-PJCP-7274-TLRQ
View buyer profile
  • Department for Work & Pensions
    buyer

    GB-PPON: PJCP-7274-TLRQ
    Caxton House, 6-12 Tothill Street, London, SW1H 9NA, London, UKI32, SW1H 9NA, GB
Documents (1)
Official links; attachments are not copied
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleNot published