Overseas Passthrough 2023
Estimated value
£91k
Awarded value
£91k
Suppliers
1
Lots
1
Published
30 Apr 2024
Description
Overseas Payment Service (pass-through) (OPS) contract provides the connectivity to enable the secure transmission of the overseas payment file from the DWP estate to Citibank (the Overseas Bulk fx supplier) via Vocalink. Vocalink is the sole supplier of the UK's Banker's Automated Clearing System (BACS) which forms part of the National Critical Infrastructure (NCI). The OPS (pass-through) exists only to facilitate the transfer of payment file information submitted via Vocalink to Citibank for processing. The OPS itself does not provide any other service, it is a necessary step within the process to separate the overseas file ready for collection and ongoing transmission, following the approved route of submission into Vocalink infrastructure.
Scope
- Reference
- project_26073
- Total value
- £91,200 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2024 to 30 Mar 2026
- CPV classifications
- 66000000
Submission & procedure
- Submission deadline
- 31 Mar 2024, 10:59 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£91k
Award date
31 Mar 2024
Contract start
31 Mar 2024
Contract end
30 Mar 2026