Short Term Payment Contingency Tender in United Kingdom - 138865836

Procurement Summary

Country: United Kingdom

Summary: Short Term Payment Contingency

Deadline: 21 Sep 2026

Posting Date: 02 Apr 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 138865836

Document Ref. No.: P-1061

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

66000000 - Financial and insurance services

Purchaser's Detail

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Tender Details

This notice relates to the of the Short Term Payment Contingency Service (STPC) which ensure that benefit and pension entitlement payments are credited on the customer-s due date. The STPC service is invoked in exceptional circumstances where there is a delay in DWP releasing the Bacs payment file(s). The existing services are provided under two separate, interdependent contracts; Short Term Payment Contingency (STPC) and Sponsor Bank (SB), which are both required to allow invocation. • STPC: reformats Bacs payments file(s) into Faster Payments for onward submission into the Faster Payment infrastructure • SB: is required for the settlement of funds with the Bank of England. This notice relates specifically to the STPC element of the Short Term Payment Contingency Service. The STPC service transforms Bacs payments into Faster Payments to ensure customers receive their benefit/pension entitlement on their due date in the events of any delays from DWP on Bacs file(s) release.
Notice identifier : 2026/S 000-030424
CPV classifications: 66000000 - Financial and insurance services

Documents

 Tender Notice