Contract award · 19 Jan 2023

Experian Bank Account Validation with Bank Wizard

Department for Work and Pensions awarded “Experian Bank Account Validation with Bank Wizard” to Experian Ltd for £2.16m on 19 Jan 2023.

Software & information systemsNorth West

Value £2.16m
WinnerExperian Ltd

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Department for Work and Pensions · Ministry or any other national or federal authority, including their regional or local subdivisions
Supplier
Experian Ltd
Value
£2,161,725
Procedure
Call-off from a framework agreement
Sector
Software & information systems · Software package and information systems (CPV 48000000)
Timeline
  1. Contract date19 Jan 2023
  2. Published6 Aug 2025Published 930 days after the contract date

Description

Bank Validation & Verification Licence & support Services (real-time validation of bank account details for UK/Intl banks, building societies and the Post Office as well as verification of personal details associated to bank details, such as Name, Address and D.O.B.). The contract value include the 2 year initial term and one year optional extension.

About the supplier

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