Accelerated Payment Solutions

A Prior Information Notice
by THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE

Source
Find a Tender
Type
Future Contract (Services)
Duration
not specified
Value
80M
Sector
BUSINESS
Published
10 Mar 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

Liverpool

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

A replacement of Supplier Early Payment Solutions RM6001. The aspiration is to deliver a commercial solution that offers a comprehensive suite of early payment solutions to the entire public sector. The overall solution is in its design phase and will include Supply Chain Finance (SCF), Dynamic Discounting (DD) and will look to expand the list of services if the merits can be demonstrated for the public sector. The agreement will also seek to deliver ancillary services to public sector customers that will aid the implementation and or the maximisation of the benefits delivered.

Lot Division

1 Accelerated Payment Solutions: Supply Chain Finance

CCS is focused on delivering an innovative and comprehensive early payment solution that covers all the needs of public sector customers. CCS wishes to work with the supplier base within the early payment market to ensure the solution is market leading. At this stage the possible requirements are broad with the core services of SCF and DD defined but with scope to include other areas such as Employee early payment and ancillary services such as e-Invoicing. CCS seeks to hold comprehensive market engagement with further details below on how to register for the process. Once they become available, the ITT documentation for this procurement may be freely accessed here: https://www.crowncommercial.gov.uk/agreements/upcoming
2 Accelerated Payment Solutions: Dynamic Discount

Accelerated Payment Services will enable suppliers to choose to receive early payment for their invoices in exchange for a discount or charge against the invoice value.

CPV Codes

  • 66110000 - Banking services
  • 48440000 - Financial analysis and accounting software package
  • 48441000 - Financial analysis software package
  • 66000000 - Financial and insurance services
  • 66113000 - Credit granting services

Indicators

Other Information

This Prior Information Notice (PIN) is for information only. This PIN replaces the previous PIN issued on the 14/08/2020 under OJEU Notice Reference 2020-041846. Please note that for this and all new UK procurement opportunities which are launched after 23:00 on 31 December 2020, CCS will be required to publish notices relating to those procurements on the new UK Find a Tender Service (FTS). Notices will not be published on Tenders Electronic Daily (TED). You are therefore advised to monitor FTS and Contracts Finder for the notification of the release of the ITT documents for this procurement. FTS, www.find-tender.service.gov.uk will go live and available for public use from 23:00 on 31 December 2020. Further information can be found at https://www.gov.uk/guidance/public-sector-procurement-from-1-january-2021

Reference

Domains