RFP QuestBeta
OpenStage · tender 1959 days to close

The Minister for the Cabinet Office acting through Crown Commercial Service

Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

Financial ServicesCPV 66000000
Value£800.0m
Deadline7 Jan 2032
Published8 Dec 2023
RegionNationwide
Timeline
Published 8 Dec 20231959 days leftCloses 7 Jan 2032
Who to contact
supplier@crowncommercial.gov.uk
+44 3454102222

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

Contract value in context
£800.0mtotal contract value
median £150k
this tender£0£864.0m

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.

When this comes round again

The Minister for the Cabinet Office acting through Crown Commercial Service's Financial & Insurance Services cycle is past due — it ran about every 4 months across 12 notices, and the door is open now. It may re-tender at any time.

67% of The Minister for the Cabinet Office acting through Crown Commercial Service’s awards go to a supplier it has used before.

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The brief

Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.

The Agreement will be a Dynamic Purchasing System (DPS).

This will be called RM6301: Open Banking DPS (Data, Digital Payments and Confirmation of Payee Services).

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to: Digital Payment Services Account Information Services Confirmation of Payee (CoP) Services This will be the first agreement for Open Banking Services CCS has developed.

We intend to launch for supplier onboarding from late July with the DPS anticipated to go live for use in the Autumn.

The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.

Requirements

What the notice asks for

01

This agreement will provide a vehicle

This agreement will provide a vehicle for Central Government and the Public Sector to source Open Banking Services, including but not limited to:.

02

The agreement is expected to run

The agreement is expected to run for 8 years and suppliers will have the opportunity to onboard throughout this duration.

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.

The gates

What this notice demands of you

2 named, none in explicit obligation language. Each one is quoted from the notice.

Crown Commercial Service frameworkFrameworks & routes to market
Due to the ongoing growth and development of the Open Banking market, Crown Commercial Service (CCS), as the Authority, intends to put in place an agreement for Open Banking Services for use by Central Government and the Wider Public Sector.
Dynamic Purchasing System (DPS)Frameworks & routes to market
The Agreement will be a Dynamic Purchasing System (DPS).

Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.

What it takes to bid this

4580 daysof bid-team effort
£30.8k£54.8kat typical UK bid-team rates

Typical UK bid effort for the £10m+ band — an estimate, not a quote.

Qualify & bid/no-bid ~10% · SQ / PQQ ~20% · Written response ~55% · Review & presentation ~15%

Typical for this category — confirm against the ITT pack

  • Show at bidComparable references / case studies
  • Hold at bidFinancial standing (accounts, often ~2× contract value turnover)
  • Hold at bidInsurance cover (PL / EL, often PI)
  • Show at bidSocial value commitments

Hold at bid = pass/fail conditions of participation. Show at bid = scored in the quality response. Plan for delivery = contract obligations from day one.

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Source & provenance
OCID
ocds-h6vhtk-03d4ae
Stage
tender · Open
Source
Find a Tender
Buyer ref
036166-2023
View the original notice on Find a Tender

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

Market context

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