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Money Transmission Services for Government Banking Lot 1

HM Revenue & Customs

Buyer Contact Info

Buyer Name: HM Revenue & Customs

Buyer Address: 100 Parliament Street, London, UK, SW1A2BQ, United Kingdom

Contact Name: Fintan Bradley

Contact Email: fintan.bradley@hmrc.gov.uk

Status
complete
Procedure
selective
Value
99600000.0 GBP
Published
12 Aug 2025, 09:01
Deadline
n/a
Contract Start
n/a
Contract End
n/a
Category
services
CPV
66110000 - Banking services
Region
n/a
Awarded To
Lloyds Bank Plc
Official Source
Open Find a Tender

Description

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations. To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks. This contract will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector. This Lot 1 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot Description: His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service). The procurement was conducted via the Restricted Procedure.

Lot 1 Status: cancelled

Lot 1 Has Options: Yes

Lot 1 Options: Four optional 1 year extensions.

Lot 1 Award Criterion (quality): Technical Quality

Lot 1 Award Criterion (quality): Social Value

Lot 1 Award Criterion (cost): Price

Raw Notice JSON

Expand raw payload
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