Provision of BACS and Cheque Payment Services
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
CPS has a requirement to pay suppliers, witness expenses and some other expenses directly.
This is via BACS where a bank account exists and by cheque where a bank account does not exist.
The requirement for such a facility remains as an ongoing need and a new procurement is necessary as CPS does not have the in-house capability.
The solution must provide a financial transactional processing for BACS and Cheque printing services via a BACS approved commercial Bureau as set out below: BACS indirect submitter - provide a Bureau service to allow the Authority to submit payment data files on a daily basis, which must be processed completely by the Supplier on the same working day.
Cheque printing service - where no bank account exists for any payee, the Supplier must be able to provide a cheque printing service.
Remittance dispatch service - when payment is made by printed cheque and no email address is provided, a printed remittance must be produced and dispatched with the printed cheque.
What the notice asks for
The solution must provide a financial transactional
The solution must provide a financial transactional processing for BACS and Cheque printing services via a BACS approved commercial Bureau as set out below:.
Provide a Bureau service to allow
provide a Bureau service to allow the Authority to submit payment data files on a daily basis, which must be processed completely by the Supplier on the same working day.
Where no bank account exists for any
where no bank account exists for any payee, the Supplier must be able to provide a cheque printing service.
When payment is made by printed cheque
when payment is made by printed cheque and no email address is provided, a printed remittance must be produced and dispatched with the printed cheque.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
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- OCID
- 01aa6977-b57f-41fb-b42d-e8d8c6520902
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- tender_389860/1261060
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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