Competition with a shortlist
Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.
Key facts
- Buyer
- HM Revenue & Customs · National or federal agency/office
- Supplier
- Lloyds Bank Plc
- Value
- £99,600,000
- Procedure
- Restricted procedure
- Sector
- Financial & insurance services · Banking services (CPV 66110000)
- Region
- London
- Official notice
- 047871-2025 on Find a Tender
- Timeline
-
- Contract date28 Jul 2025
- Published12 Aug 2025Published 15 days after the contract date
Description
His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service). The procurement was conducted via the Restricted Procedure.
About the supplier
Lloyds Bank Plc: every public contract they have won, plus their Companies House record (company 00002065).