Provision of Direct Debit Tender, United Kingdom - 104052659

Procurement Summary

Country : United Kingdom

Summary : Provision of Direct Debit

Deadline : 11 Nov 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 104052659

Document Ref. No. : tender_410367/1376025

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : GBP 30000000

Purchaser's Detail

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Tender Details

This is a Prior Information Notice (PIN) with the purpose of assisting the Driver and Vehicle Licensing Agency (DVLA) in engaging the market by gathering information or inviting potential bidders to a market engagement event.



This PIN has the purpose of a fact-finding exercise and only for these purposes as routes to market are still being considered. There is a strong likelihood that the Open Banking (Data, Digital Payments & Confirmation of Payee Services) Dynamic Purchasing System (DPS) will be used, however this is subject to change.



More information on the above Framework can be found at the following address: https://www.crowncommercial.gov.uk/agreements/RM6301



Background

The DVLA is an Executive Agency of The Department for Transport (DfT), based in Swansea. The Agency's primary aims are to facilitate road safety and general law enforcement by maintaining accurate registers of drivers and vehicle keepers and to collect Vehicle Excise Duty (VED).

A DD payment option was introduced from 1st October 2014 which enables End Users to currently pay the full annual VED amount in one annual instalment, pay for a 6-month licensing period in one instalment or opt to spread the costs evenly over the term of a 12-month licensing period.



All options result in an automatic VED renewal, subject to all business requirements being met, unless the End User opts out of the DD scheme.

- Currently, over 1.4 million mandates are created per month, t...
Location Of Contract : Any region
Industry : Financial and insurance services - 66000000
Value Of Contract : £30, 000, 000
Published Date : 11 July 2024

Documents

 Tender Notice