Financial transaction processing and clearing-house services

Tender description

Magnox Limited, owned by Cavendish Fluor Partnership (CFP), is the management and operations contractor responsible for decommissioning 12 nuclear sites and operating one hydroelectric plant in the UK, working for and funded by the sites' owner, the Nuclear Decommissioning Agency (NDA). Magnox is responsible for managing the sites through their lifecycles, overseeing all aspects of defuelling and decommissioning. Magnox are seeking the best available solution from the market for an Accounts Payable service. This service will include receipt, processing, 3-way matching (purchase order/receipt/invoice), posting, storage and payment of all invoices and credit notes received from third parties in connection with supplies to Programmes within Magnox. The service provider ensures the terms and conditions and payment arrangements established with third parties by Magnox are complied with. Provision of an Accounts Payable service to include receipt, processing, 3-way matching (purchase order/receipt/invoice), posting, storage and payment of all invoices and credit notes received from third parties in connection with supplies to Programmes within Magnox. The service provider ensures the terms and conditions and payment arrangements established with third parties by Magnox are complied with.