Live tender

Open Banking (Data, Digital Payments & Confirmation of Payee Services) DPS

GOVERNMENT COMMERCIAL AGENCY · UK-wide · up to £800,000,000

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What the buyer wants

The Crown Commercial Service is establishing a Dynamic Purchasing System (DPS) for Open Banking Services to be used by Central Government and the wider public sector. The DPS will cover services such as Digital Payment Services, Account Information Services, and Confirmation of Payee Services, running for 8 years with ongoing supplier onboarding.

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.

Additional information: Please note the Closing Date, Contract Start Date and Contract End Date have been manipulated to support compatibility system issues. However please refer to the contract notice for the correct dates, timelines etc.

Description as published on Contracts Finder: read the official notice.

How Tenderoo reads it

This is a dynamic purchasing system (a dynamic market under the Procurement Act): suppliers can apply to join at any point while it runs, and work is awarded in rounds to the members. A missed deadline is not the end of it.

The notice reads as suitable for a small or medium-sized firm: the scope, value and requirements are within reach of a business of that size.

Services required

Key facts

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