Awarded contract

PTX Bacs payments software

Details

Value
£55,090.08
Duration
3 years
Topic
Software package and information systems
Published
6 October 2026

Tender description

Awarded contract for Bacs Payments and collections services. This Call Off contract has been sources via a shortlist exercise on the RM1557.14 G-Cloud 14 Framework Agreement, Lot 2 - Cloud software. The initial contract value is £36,726.72 incl. VAT for 2 years. The contract includes an optional extension period of up to 12 months. If utilised, the overall call-off contract value will be £55,090.08 incl. VAT for 3 years in total.

Timeline

  1. Completed: Award date1 September 2026
  2. Completed: Award published6 October 2026
    Current notice
  3. Next: Contract expiry date31 August 2029in 3 years

About the buyer

The Security Industry Authority is an independent body reporting to the Home Secretary, and it regulates the private security industry as a non-departmental public body. Contracts are awarded through competitive tendering, with exceptions only for compelling reasons. Public sector framework agreements can also be used.

Over the past 5 years, most of the Security Industry Authority's contract awards have been in business services, software and information systems, and communications equipment.

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Decision makers

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