Procurement Summary
Country : United Kingdom
Summary : Future Notice: Money Transmission Services for Government Banking
Deadline : 27 Jan 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 96612978
Document Ref. No. : JAN464854
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
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His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.
Title: Money Transmission Services for Government Banking
OCID: ocds-h6vhtk-0434a9
Published by: H M Revenue & Customs
Authority ID: AA80814
Publication Date: 27/01/2024
Deadline Date:
Deadline Time:
Notice Type: Prior Information Notice
Has Documents: No
Has SPD: No
Abstract: His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers").To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025.The purpose of this updated PIN is to:a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS;b) Provide further information on envisaged MTS requirements and the prospective procurement; andc) invite potential providers to ...
[Disclaimer: This is Prior Information Notice so no specific deadline was given hence we have added 1 year from the date of posting.]
Documents
Tender Notice