Tenders/Short Term Payment Contingency

Short Term Payment Contingency

Department for Work & Pensions
Published: Jun 5, 2026
Updated: Jun 5, 2026
Source: uk_fts

About This Opportunity

This is a services contract in the finance and banking sector, with a focus on Banking and Pensions. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 2.7 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

The Department for Work and Pensions (DWP) wish to give notice of planned procurement opportunity in relation to two linked but separate future procurements for DWP payment contingency services (together referred to in this notice as the “Payment Contingency Services (“PCS”)).   The intention of the PCS is to ensure DWP has robust contingencies in place to make benefit and pension entitlement payments to its customers on the dates they are due. The PCS are invoked only in exceptional circumstances where there is a delay in DWP releasing Bacs payment file(s).   The DWP intends for the relevant services to be provided under two separate, interdependent contracts (both of which are required to allow for invocation of PCS) as follows:  Short Term Payment Contingency (“STPC”) - Lot 1: This service reformats Bacs payments files into Faster Payment files for onward submission into the Faster Payment infrastructure   Sponsor Bank (“SB”) – Lot 2: This service is required for the settlement of funds with the Bank of England.   Please note that as these are separate procurements, different procurement processes and/or commercial approach may apply to each procurement. In addition, each procurement may be awarded, delayed, or withdrawn independently of the other.   This notice relates specifically to the STPC procurement. A separate UK3 Planned Procurement Notice has been issued for the SB procurement, which can be found on Find a Tender Service.   Please note that: - Further information and relevant guidance will be provided in or with the UK4 Tender Notice, published on Find a Tender Service website. - UK 4 Notice and associated procurement documents provided with that notice will outline how and when to express your interest to participate in the procurement process. - All procurement activities will be managed via DWP online portal (Atamis). - Procurement related documentation will be issued via Atamis. - Full guidance on registration and system navigation will be provided in or with the UK4 Notice. - It is mandatory for any interested suppliers to register on the new Central Digital Platform (CDP) which is part of the enhanced Find a Tender Service in order to participate in any future procurements. Details of how to register will be included in or with the UK4 Notice. - The DWP will not be liable for any expenditure, work, or effort incurred by a provider in acting based on this notice.  - The information provided in this notice is for indicative purposes only. The DWP reserves its rights to amend any of the information included in the notice. - DWP reserves the right to add or remove stages throughout the procurement process or to reduce the tendering period in future (in accordance with the PA 23). The DWP also reserves the right to decide not to proceed with this procurement. - Please note, that involvement in Preliminary Market Engagement (PME) which was taking place 12/05/2026 or the One-to-One supplier events taking place between 01/06/2026 and 05/06/2026 are not a pre-requisite for participating in the procurement process. Please see the following link to the UK2 PME Notices for both STPC and SB - Short Term Payment Contingency Service - Find a Tender and Sponsor Bank Service - Find a Tender . - This procurement will be conducted using the new procurement regime – Procurement Act 2023​. - It is currently anticipated that this procurement will follow a two stage Competitive Flexible Procedure: Stage 1 (Compliance with Conditions of Participation) and Stage 2 (Evaluation).

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on June 5, 2026. Last refreshed today. Reference: 053516-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Department for Work & Pensions

Department for Work & Pensions has issued 89 procurement notices on BidsFactory, including 9 currently open and 66 awarded contracts. Activity concentrates in Governance & Public Administration, Information & Communication Technology, and General Supplies & Services. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service and UK Contracts Finder. Most recent publication: June 5, 2026.

Frequently asked questions about this tender

What is the estimated budget?

The estimated contract value is £2,684,000 - £2,684,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

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 053516-2026 when communicating with the contracting authority.

Who is the contracting authority?

This notice was issued by Department for Work & Pensions 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.

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Key Details

Estimated Budget
£2,684,000 - £2,684,000
Contract Type
Services
Eligibility
Firms / Consortiums
Language
English
Reference
053516-2026

Source

uk_fts
uk_fts
Official Source

Contracting Authority

Department for Work & Pensions
🇬🇧United Kingdom

Contact

Contact Person
Ewelina Wesolowska

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