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DWP Payment Contingency Service

Part of DWP Contingency Payment Services.

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This procurement is for the provision of the DWP Payment Contingency Service. A Sponsor Bank is required to support the functionality of the Payment Contingency Services. Without a Sponsor Bank in place, the Payment Contingency Services is unable to operate. This contingency service is invoked in situations when there is a delay with release of the BACS payment file, which contains benefit and pension payments and the Department's ability to make payment on time is threatened. The service transforms BACS payments into Faster Payments to ensure customers receive their benefit/pension entitleme…

Published
19 Aug 2022
Status
complete
CPV
66000000 — Financial and insurance services
Tender period
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FAQs about this notice

What type of notice is this?

This is a award,contract published via Find a Tender on 19 Aug 2022.

Which procurement does this notice belong to?

It is part of "DWP Contingency Payment Services", published by Department for Work and Pensions.

Has this notice resulted in an award?

2 awards are recorded on this notice, including to Vocalink International Limited.

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