Awarded contract

Payment Account Comparison (PACS) Tool Data Feed

Details

Supplier(s)
Defaqto Ltd
Value
£368,300
Topic
Banking services
Published
16 June 2025

Tender description

Contract for the provision of a data feed of the Payment Service Providers' (PSP) Payment account products, and to compare a specific and limited list of fees and charges known as the Linked Services list for the Payment Account Comparison Tool operated by MaPS. Lot 1: The procurement was concluded under the PCR2015 regulations. The contracting authority awarded the contract based on the most economically advantageous tender (MEAT) with a weighting split of 70% Quality, 10% Social Value and 20% Price.

Timeline

  1. Completed: Award date13 April 2025
  2. Completed: Award published16 June 2025
    Current notice

About the buyer

Money And Pensions Service is a non-departmental public body that guides the public on money and pensions, and pursues public sector procurement best practice. Competitive processes follow government procurement policy, UK legislation and standards of professionalism and impartiality. Contracts are still awarded through open and fair competition between potential suppliers wherever this is possible.

Over the past 5 years, most of Money And Pensions Service's contract awards have been in business services, IT services and research and development.

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