Open Banking Services · UK public procurement notice

Official notice

Authority: H M REVENUE & CUSTOMS

ServicesAward procedure without prior publication of a call for competitionSME suitable

Sectors: Financial and insurance services (66) Delivery: UK

Awarded value£2,260,457published contract · exc. VAT

Awarded 26 Apr 2024no call for competition

Awarded to Ecospend Technologies Limited

What is being bought

Published requirement description

Open Banking services offering our customers payment and repayment services including Payment Initiation Services (PIS) and Account Information Services (AIS).

CPV: Banking services

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 13 Sept 2024, 17:23 BST
Last source update: 13 Sept 2024, 17:23 BST
Authority reference: CW95696
FTS notice number: 2024/S 000-029481
Classification (CPV): Banking services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-049af8 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: This contract was a call off from the CCS Open Banking DPS

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £2,260,4571 contract exc. VAT

Bids received 54 from SMEs

Contracts signed 1latest 26 Apr 2024

Awarded to	Value	Date	Status
Ecospend Technologies LimitedSME	£2,260,457 †	—	Awarded

Contracts

Contract 029481-2024-CW95696-1 · Ecospend Technologies LimitedSME
Signed
26 Apr 2024
Value
£2,260,457
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
5bids · 5 electronic	4	—	—

Contracting authority & participating public bodies

H M Revenue & Customs

Contracting authorityMinistry or any other national or federal authority, including their regional or local subdivisionsTax Authority Trinity Bridge House, Salford, UK, M3 5BSContact name, email

Dispute resolution & review bodies

HMRCReview body London

Bidders & participating suppliers

1 commercial party on the notice

Ecospend Technologies LimitedAwarded supplierGB-COH: 11114967 London, UK

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.