Sponsor Bank for Short Term Contingency
Department for Work & PensionscontractContracts Finder ↗Ref tender_218152/869437SME suitablecomplete
Estimated value
£191k
Awarded value
£191k
Awarded 29 Jun 2020
Suppliers
1
Lots
1
1 awarded
Published
14 Jul 2020
Deadline 07 Feb 2020
Description
This notice is to advise of the award of contract for the Sponsor Bank element of the Short Term Payment Contingency service. Sponsor Bank services are required to manage funding in the event that the Department for Work and Pensions invokes the Short Term Payment Contingency service.
Scope
- Reference
- tender_218152/869437
- Total value
- £190,800 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 30 Jun 2020 to 29 Jun 2021
- CPV classifications
- 66000000 66100000 66110000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 07 Feb 2020, 12:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£191k
Award date
29 Jun 2020
Contract start
30 Jun 2020
Contract end
29 Jun 2021
Awarded to
Awarded suppliers· 1 supplier
Awarded 29 Jun 2020 · Contract period 30 Jun 2020 — 29 Jun 2021
Award value
£191k
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Full notice and award history for this contracting authority is on the buyer profile.
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