Direct Payment Payroll and Banking Services

Somerset Council

Published: Aug 18, 2026

Updated: Aug 18, 2026

Source: uk_fts

About This Opportunity

This is a services contract in the finance and banking and information and communication technology sectors, with a focus on Banking and Public Finance. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 1.3 million.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This is an advance notice — the formal tender is expected to be published shortly. Interested parties can use this time to prepare documentation and identify potential partners.

Description

This is not a call for competition and is not yet a contract opportunity. Somerset Council is reviewing how it delivers support for people who receive a Direct Payment or other personalised budget. From 2027, the Council intends to bring the advice and guidance element of the current service in house and procure a separate external payroll and banking service. We are seeking early feedback from providers who deliver payroll, holding account, managed account or third-party banking services. This feedback will help us test whether the proposed service specification is clear, realistic and comprehensive, and whether it reflects the requirements needed to support a good, robust and compliant service.

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on August 18, 2026. Last refreshed today. Reference: 078722-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Somerset Council

Somerset Council has issued 284 procurement notices on BidsFactory, including 13 currently open and 241 awarded contracts. Activity concentrates in Governance & Public Administration, Construction & Civil Works, and Health & Medical. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service and UK Contracts Finder. Most recent publication: August 18, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 078722-2026 when communicating with the contracting authority.

Who is the contracting authority?

This notice was issued by Somerset Council in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

What is the estimated budget?

The estimated contract value is £1,308,000 - £1,308,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.