RFP QuestBeta
Awarded · ResultStage · contract

KENT COUNTY COUNCIL

Early Payment Scheme

Financial ServicesCPV 66000000
Value£1.0m
Awarded1 May 2024
Published7 May 2024
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£1.0mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

Kent County Council (KCC) have appointed Oxygen Finance Limited on a 5-year contract to provide an Early Payment Scheme along with additional associated services.

The Early Payment Scheme will enable KCC's external suppliers who choose to participate to be paid earlier than their contracted payment terms in exchange for an early payment discount.

The additional services associated with the Early Payment Scheme are Oxygen Finance Insights and a Recovery Audit Service.

The Oxygen Finance Insights service allows for public sector organisations to have access to valuable public sector spend and tender data.

The Recovery Audit Service allows for Oxygen Finance to carry out recovery audits for KCC.

This contract was awarded to Oxygen Finance Limited via the NEPO (North East Procurement Organisation) Early Payment Service (NEPO521).

Key requirements

What the supplier must deliver

01

Kent County Council (KCC) have appointed Oxygen

Kent County Council (KCC) have appointed Oxygen Finance Limited on a 5-year contract to provide an Early Payment Scheme along with additional associated services.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

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Source & provenance
OCID
5f9477a8-b6e2-4b9d-b167-0778c9df205e
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
SC230003
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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