Fund Disbursement Solutions

Buckinghamshire CouncilcontractContracts FinderRef BUCKSH001-DN646914-54949096SME suitablecomplete
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Estimated value

£1.3m

Awarded value

£1.3m

Awarded 01 Dec 2022

Suppliers

1

Lots

1

1 awarded

Published

30 Dec 2022

Deadline 01 Oct 2022

Description

Crown Commercial Services (CCS) has led the procurement of an aggregated funds disbursement solution on behalf of Local Authorities through CCS Framework Payment Solutions RM3828. A contract has been awarded for a solution to provide a funds disbursement service. CCS announced an aggregated call-off contract was now available for use on 28 October 2022 by local authorities in England to support disbursing payments to citizens through government initiatives. By signing a call off the council are awarding an intention to utilise the services, however it is understood that if there are no funds to disburse then the services cannot be implemented. The contract value as stated in this notice is estimated for the purposes of the aggregation procurement exercise and it may not correspond to the actual spend level as this cannot be anticipated until implementation of the contract.

Scope

Reference
BUCKSH001-DN646914-54949096
Total value
£1,250,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
02 Dec 2022 to 02 Dec 2024
CPV classifications
66000000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
01 Oct 2022, 10:59 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£1.3m

Award date

01 Dec 2022

Contract start

02 Dec 2022

Contract end

02 Dec 2024

Awarded to