Core Banking, Payment, Reporting and Business-to-Business Services
A Contract Award Notice
by NS&I
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- not specified
- Value
- £474M
- Sector
- BUSINESS
- Published
- 24 Jan 2025
- Delivery
- not specified
- Deadline
- n/a
Concepts
Location
1 buyer
- NS&I London
1 supplier
- Atos IT Services London
Description
A new agreement for extended provision of the Business Process Outsourcing Agreement originally established between NS&I and Atos dated 20 May 2013 (as amended and restated) until March 2028 (with a 12-month extension for continuity if required), to provide for the transformation of the Core Banking platform and associated technologies, and for the continued provision of the Government Payment Services (B2B) services, on an as-is basis, in accordance with the terms of the Business Process Outsourcing Agreement.
Award Detail
1 | Atos IT Services (London)
|
Renewal Options
A discretionary 12-month extension option is available for continuity if required.
Award Criteria
price | _ |
CPV Codes
- 66100000 - Banking and investment services
Indicators
- Options are available.
Legal Justification
Competition is absent for technical reasons. As the incumbent service provider Atos and its key sub-contractor(s) are the providers of the existing NS&I Core Banking platforms, which rely on interdependent leveraged technology and resources. The process of dis-aggregating these at the same time as building and deploying a new Core Banking instance would be sufficiently complex that it can only be practicably carried out by Atos IT Services UK without very significant disruption to NS&I customers. It is to be noted that the contract award is of relatively short duration, so that the services, once dis-aggregated and upgraded, can be taken back to market and re-procured. NS&I intends to publish a Planned Procurement Notice in due course, in this regard.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-04d633
- FTS 002584-2025