Confirmation of Payee (CoP) and Payer Name Verification (PNV)
Estimated value
£70k
Awarded value
£70k
Awarded 25 Nov 2025
Suppliers
1
Lots
1
1 awarded
Published
27 Nov 2025
Deadline 27 Nov 2025
Description
A service to validate and verify bank account details for payees to ensure they are accurate and correct.
Scope
- Reference
- TIS0816
- Total value
- £70,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 01 Dec 2025 to 01 Dec 2026
- CPV classifications
- 72000000
Submission & procedure
- Submission deadline
- 27 Nov 2025, 5:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£70k
Award date
25 Nov 2025
Contract start
01 Dec 2025
Contract end
01 Dec 2026
Awarded to
Awarded suppliers· 1 supplier
Awarded 25 Nov 2025 · Contract period 01 Dec 2025 — 01 Dec 2026
Award value
£70k
Other contracts from The Insolvency Service
Full notice and award history for this contracting authority is on the buyer profile.
Other contracts awarded to PAYPOINT PLC· 6
Cross-buyer view of this supplier's public-sector wins.
| Title | Type | Value | Published |
|---|---|---|---|
| Provision of Cash Voucher software solution | contract | £45k | 11 Nov 2024 |
| TD2169 - Alternative Payments | contract | £366k | 31 Jul 2024 |
| DDaT22564 - Confirmation of payee tool | contract | £115k | 28 Dec 2022 |
| Direct debit service | contract | £94k | 01 Dec 2022 |
| Payment Services | contract | £800k | 14 Jan 2022 |
| Electronic Payments and Associated Services | contract | £1.7m | 02 Oct 2019 |