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Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance

HM Treasury

Buyer Contact Info

Buyer Name: HM Treasury

Buyer Address: 1 Horse Guards Rd, London, UKI32, SW1A 2HQ, United Kingdom

Contact Name: Carlos Freitas

Contact Email: digit@hmtreasury.gov.uk

Status
active
Procedure
open
Value
0.0 GBP
Gross: 0.0 GBP
Published
13 Nov 2025, 09:30
Deadline
17 Nov 2025, 12:00
Contract Start
n/a
Contract End
n/a
Category
services
CPV
48000000 - Software package and information systems
Region
n/a
Awarded To
n/a
Official Source
Open Find a Tender

Description

HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024. The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events. The proposal also includes requirements that concern interoperability functionality and connectivity. The Authority has not specified any particular contract value in this Tender Notice and will consider commercial proposals to ascertain the total value of the contract. The Authority expects to award the contract during w/c 15 December 2025. This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.

Linked Documents

Select a document to preview.

Opportunity Context

More Information Links

External Link: https://www.find-tender.service.gov.uk/Notice/073385-2025

Link Description: Tender notice on Find a Tender

Lots

Lot 1 Status: active

Lot 1 Value: GBP 0.00

Lot 1 Value (Gross): GBP 0.00

Lot 1 Contract Start: 2025-12-15T00:00:00Z

Lot 1 Contract End: 2028-12-14T23:59:59Z

Lot 1 Award Criterion (quality): TECHNICAL (inc. Social Value) (70%)

Lot 1 Award Criterion (quality): PRESENTATION (10%)

Lot 1 Award Criterion (cost): COMMERCIAL (20%)

Documents

Document Description: Not published

Document Description: Tender notice on Find a Tender

Raw Notice JSON

Expand raw payload
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