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    ContractsEarly Payment Discount Program
    Awarded contract

    Early Payment Discount Program

    Awarded
    £1.9m
    Published 15 Jun 2026

    A voluntary early payment program that rewards suppliers with discounts for paying invoices ahead of schedule.

    🇬🇧United Kingdom· EnglandPublished 15 Jun 2026· 3 months agoviaFind a Tender
    Awarded
    £1.9m
    Published 15 Jun 2026

    Decision brief

    4 fields
    • Contract value
      £1,858,075
      Pounds sterling
    • Closing date
      Rolling
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      England

    Suppliers

    1 supplier
    • OF
      OXYGEN FINANCE LIMITED
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 3 months ago.

    15 June 2026
    Awarded — no open tender advertised

    Brief

    This opportunity provides suppliers with an early payment scheme that offers financial incentives for settling invoices before the standard payment due date. Suppliers can reduce their working capital requirements and improve cash flow by taking advantage of early payment discounts. The scheme is designed to benefit both the organization and its suppliers by enabling faster payment processing while providing suppliers with cost savings opportunities. Eligible suppliers can register for the program to receive notification of early payment options on their invoices.

    Track record

    2 awards · 2 winners
    Thin record

    Only 2 prior awards here — too little to read.

    In financial services, South Tyneside Borough Council has awarded 2 contracts to 2 suppliers.

    Who wins here
    1. ALLPAY LTD1× · 50%
    2. OXYGEN FINANCE LIMITED1× · 50%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, MARSH LTD — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06b490
    ST
    Buyer
    South Tyneside Borough Council
    Sector
    Financial Services