Contract award · 3 Apr 2025

PTX Faster Payments Cloud Solution

H M Revenue & Customs awarded “PTX Faster Payments Cloud Solution” to Bottomline Transactional Services Limited for £333k on 3 Apr 2025.

Financial & insurance servicesEast of England

Competition with a shortlist

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

Key facts

Buyer
H M Revenue & Customs · Ministry or any other national or federal authority, including their regional or local subdivisions
Value
£332,985.60
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Banking and investment services (CPV 66100000)
Timeline
  1. Contract date3 Apr 2025
  2. Published11 Apr 2025Published 8 days after the contract date

Description

The system has functionality to convert BACS file to Bulk Faster Payment file . in addition the functionality to log audit event whenever BACS file is converted to Bulk Faster Payment file and it must be able to allocate the delayed BACS file to Faster Payment Service

About the supplier

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