Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS
Details
- Value
- £800,000,000
- Topic
- Financial and insurance services
- Published
- 8 December 2023
- Submission
- 7 January 2032in 5 years
- Source
- uk:find_a_tender
Tender description
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. Lot 1: CCS is launching a DPS as a vehicle to facilitate central government and public sector access to Open Banking and related services.
Timeline
- Completed: Tender published8 December 2023Current notice
- Next: Submission date7 January 2032in 5 years
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About the buyer
The Government Commercial Agency (CCS) is the UK's central buying body, renamed from the Crown Commercial Service in April 2026. As CCS, it ran national buying agreements for public and non-profit bodies across the UK. Government departments and local authorities drew on it as a shared procurement route. Buyers reached suppliers through frameworks, dynamic purchasing systems, dynamic markets and catalogues. Suppliers paid a commission on sales rather than a fee to join.
Over the past 5 years, most of CCS's contract awards have been in business services, IT services and software and information systems.
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