Overseas Passthrough 2023

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Estimated value

£91k

Awarded value

£91k

Awarded 31 Mar 2024

Suppliers

1

Lots

1

1 awarded

Published

30 Apr 2024

Deadline 31 Mar 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