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Published 11 May 2026, 10:11 BST

Official UK procurement notice

Electronic Payment Service Competitive flexible

Official notice

Authority: The Riverside Group Limited (Public body)

ServicesCompetitive flexible procedureAbove threshold
Published estimate£8,000,000≈ £2.0m / year · £9,600,000 inc. VAT
Submissions closed 11 Jun 2026
Contract term 4 yrsends 10 Aug 2030 · up to 10 Aug 2034 with extensions · starts 11 Aug 2026

What is being bought

Published requirement description

The Riverside Group is looking to source a suitable supplier to manage our inward and outward bound payments

The system will be used group-wide to centralise payments and income management under a single enterprise solution. This approach aims to streamline operations, enhance service delivery, and better meet the needs of both the organisation and its customers.

  • The authority expects to re-tender this requirement around 2 Jan 2030, 23:59 GMT.
  • How the procedure runs: Suppliers will be evaluated on their tender submissions for price and quality, a selection process will then take place where the highest 2 scoring suppliers and any other suppliers who score within 10% of the Highest scoring supplier will be invited in to provide a demonstration of their proposal.

CPV: Business transaction and personal business software package · Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1Renewal 4 yrsPublished value£8,000,000
Contract period: 11 Aug 2026 – 10 Aug 2030 (4 yrs) · up to 10 Aug 2034 with extensionsValue: £8,000,000 exc. VAT · £9,600,000 inc. VAT
Delivery: UK
Extensions: 4 x 12 months

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
  • Quality 75%
  • Price 25%

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 2 Jan 2030
First published
11 May 2026, 10:11 BST
Last source update
11 May 2026, 10:11 BST
Award evaluation window
Submission end – 20 Jul 2026
Authority reference
TRGBS258
FTS notice number
2026/S 000-042838
Latest notice
Tender notice (UK4)
Classification (CPV)
Business transaction and personal business software packageFinancial and insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-069552 Find a Tender
How it runs

Suppliers will be evaluated on their tender submissions for price and quality, a selection process will then take place where the highest 2 scoring suppliers and any other suppliers who score within 10% of the Highest scoring supplier will be invited in to provide a demonstration of their proposal.

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
11 Jun 2026, 12:00 BST
Clarification deadline
11 Jun 2026, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

11 May 2026 → 11 Aug 2026 · 5 dates
  1. Tender notice published168 days ago
    11 May 2026, 10:11 BST
  2. Clarification questions by137 days ago
    11 Jun 2026, 12:00 BST
  3. Submission deadline137 days ago
    11 Jun 2026, 12:00 BST
  4. Award decision expected by98 days ago
    20 Jul 2026, 23:59 BST
  5. Contract starts77 days ago
    11 Aug 2026, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    11 May 2026, 10:11 BST
    UK4

Contracting authority & participating public bodies

The Riverside Group Limited

Contracting authorityPublic undertaking GB-MPR: 30938R 2 Estuary Boulevard, Speke, Liverpool, North West, L24 8RFContact name, email

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Bidding documents and specificationstenderBidding documents and specificationsAccess: All tender documents will be made available via the InTend portal: https://in-tendhost.co.uk/theriversidegroup/aspx/Home

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender