Expired Tender United Kingdom ICB TOT Ref. 116660162

Services to support the launch of a pilot Digital Tender - 116660162

Tender notice from United Kingdom, published on 24 Mar 2025.

Exeutive Summary

The HM TREASURY has issued a Tender notice for the procurement of a Services to support the launch of a pilot Digital Gilt Instrument (DIGIT) issuance, using distributed ledger technology (DLT). in the United Kingdom. This Tender notice was published on 24 Mar 2025 and is scheduled to close on 13 Apr 2025, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 116660162, while the tender notice number is and Register on the platform.

Key facts

Summary
Services to support the launch of a pilot Digital Gilt Instrument (DIGIT) issuance, using distributed ledger technology (DLT).
TOT Ref. No.
116660162
Document Ref. No.
Country
United Kingdom
Notice type
Tender
Competition
ICB
Publication date
24 Mar 2025
Bid deadline
13 Apr 2025
EMD
Refer Document
Tender value
Refer Document
Purchaser ownership
Public
Financier
Self Financed

CPV classification

Purchaser details

Purchaser contact is for registered users

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Tender details

HM Treasury (HMT) and the UK Debt Management Office (DMO) are seeking information to understand what technological options are available to facilitate an issuance, and how the digital gilt instrument (DIGIT) can be best designed to stimulate wider development and adoption of distributed ledger technology (DLT) infrastructure across UK capital markets. This engagement is being undertaken to gather information about the potential technology options, the scope of services that may need to be procured and investor preferences regarding a DIGIT issuance. The outcomes will inform thinking around the optimal commercial strategy and procurement process. The delivery of the pilot DIGIT issuance is being managed jointly by HMT and the DMO. HMT is the contracting authority in any commercial agreements. HMT and the DMO want to understand the views of potential suppliers and the financial services sector as to what DIGIT should deliver. However, to ensure objectives are met, certain design decisions have already been taken: • DIGIT will be an entirely new, digitally native, UK Government debt instrument. DIGIT will be a transferable security held on a DLT platform. • DIGIT will be issued on a platform within the Digital Securities Sandbox. The choice to utilise the DSS is first and foremost because existing regulations applicable to the issuance of Government debt (the Government Stock Regulations 2004 and the Stock Transfer (Gilt Edged Securities) (CGO Service) Regulations 1985), are uns...

Documents

Tender Notice
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Frequently asked questions

The bid deadline for Services to support the launch of a pilot Digital Gilt Instrument (DIGIT) issuance, using distributed ledger technology (DLT). was 13 Apr 2025. Bidding is closed.

This tender has been issued by HM TREASURY in United Kingdom.

The tender value is not disclosed; please refer to the tender document. EMD / bid security details are provided in the tender document.

This tender is Self Financed

The tender is classified under the following CPV code(s): 48000000 ~ Software package and information systems ~ https://www.tendersontime.com/united-kingdom-tenders/software-package-and-information-systems-tenders/, 66150000 ~ Financial markets administration services ~ https://www.tendersontime.com/united-kingdom-tenders/financial-markets-administration-services-tenders/, 72000000 ~ IT services: consulting, software development, Internet and support ~ https://www.tendersontime.com/united-kingdom-tenders/it-services-consulting-software-development-internet-and-support-tenders/.

The tender notice and related documents are listed in the Documents section above. Select a document to view or download it. Please log in or register to access the documents. If you cannot find additional documents in the Documents section, please log in to your account and Send Document Request from your account section.

The TendersOnTime reference is 116660162. The purchaser document reference is not provided in the notice.

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This tender falls under Computer Hardware and Software Services, Technology and Equipment, Financial Services in United Kingdom. Suppliers in these sectors can track similar United Kingdom tenders using CPV-based alerts.