Accelerated Payment Solutions
A replacement of Supplier Early Payment Solutions RM6001. The aspiration is to deliver a commercial solution that offers a comprehensive suite of early payment solutions to the entire public sector. The overall solution is in its design phase and will include Supply Chain Finance (SCF), Dynamic Discounting (DD) and will look to expand the list of services if the merits can be demonstrated for the public sector. The agreement will also seek to deliver ancillary services to public sector customers that will aid the i...
Buyer
The Minister for the Cabinet Office acting through Crown Commercial Service
Value
£80,000,000
Published
10 Mar 2021
Closes
10 Mar 2021
Procurement details
Source
Find a Tender
Region
United Kingdom
Procurement method
Not provided
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66110000
Banking services
48440000
Financial analysis and accounting software package
48441000
Financial analysis software package
66000000
Financial and insurance services
66113000
Credit granting services
Lots
Lot 1 Accelerated Payment Solutions: Supply Chain Finance
Value not provided
CCS is focused on delivering an innovative and comprehensive early payment solution that covers all the needs of public sector customers. CCS wishes to work with the supplier base within the early payment market to ensure the solution is market leading. At this stage the possible requirements are broad with the core services of SCF and DD defined but with sc...
Delivery: United Kingdom
Lot 2 Accelerated Payment Solutions: Dynamic Discount
Value not provided
Accelerated Payment Services will enable suppliers to choose to receive early payment for their invoices in exchange for a discount or charge against the invoice value.
Delivery: United Kingdom
Documents
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Contains public sector information licensed under the Open Government Licence v3.0.