RFP QuestBeta
ClosedStage · contract

Ministry of Justice

HMCTS Financial Transaction Processing (Middle Office) Service

Financial ServicesCPV 66172000
ValueValue not published
Deadline20 Sept 2024
Published30 Jul 2024
RegionUK-wide
Timeline
Published 30 Jul 2024ClosedCloses 20 Sept 2024
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The brief

This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority").

This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority.

The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services.

The provision of these services is critical to the processing of the court operations and involves the handling of high volumes of processing tasks, including receipting, payments, validation, reconciliation, and consolidation of up to 10 million transactions (over £3bn) per year.

The Authority intends to appoint a supplier to implement a service that will include integrating and maintaining a system that can pay, receive, account and reconcile high volumes of data and financial transactions.

It will incorporate the ability to drill down to detailed transactional levels, support the management of individual cases, include exception handling process and the implementation of efficiencies and improved ways of working.

The supplier is also required to undertake a transition programme, including data migration, in parallel to the incumbent service.

The procurement will be managed, and the procurement documents made available, via the Authority's Jaggaer eSourcing Portal (address below).

If you have not yet registered on the e-Sourcing Portal, this can be done online at https://ministryofjusticecommercial.bravosolution.co.uk/web/login.html Interested suppliers must be registered on this site to view the Invitation to Tender (ITT) and will then need to complete and sign a Confidentiality Agreement to access further sensitive information.

Once completed and signed the Authority will invite the interested supplier, provided it is registered on the above site, to access the sensitive information.

The Confidentiality Agreement can be obtained by sending an email to FTP_Reprocurement@justice.gov.uk All Tenders are to be submitted via the Authority's Jaggaer eSourcing Portal, attention FTP Commercial Team, in accordance with the instructions set out in the Invitation to Tender.

Key requirements

What the supplier must deliver

01

The FTP middle office provides a range

The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services.

02

The Authority intends to appoint a supplier

The Authority intends to appoint a supplier to implement a service that will include integrating and maintaining a system that can pay, receive, account and reconcile high volumes of data and financial transactions.

03

It will incorporate the ability to drill

It will incorporate the ability to drill down to detailed transactional levels, support the management of individual cases, include exception handling process and the implementation of efficiencies and improved ways of working.

04

The supplier is also required to undertake

The supplier is also required to undertake a transition programme, including data migration, in parallel to the incumbent service.

05

Interested suppliers must be registered on this

Interested suppliers must be registered on this site to view the Invitation to Tender (ITT) and will then need to complete and sign a Confidentiality Agreement to access further sensitive information.

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

What this bid requires

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Source & provenance
OCID
a577284f-1b17-4c12-a4b0-838a060ae078
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
tender_213620/1347274
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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