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    ContractsCloud-Based Payment Processing Service for Bacs Scheme Integration
    Awarded contract

    Cloud-Based Payment Processing Service for Bacs Scheme Integration

    Awarded
    £7.8m
    Published 23 Jul 2026

    DWP is seeking a modern, secure cloud-based payment service platform to streamline Bacs payment processing while maintaining resilience and regulatory compliance.

    🇬🇧United KingdomPublished 23 Jul 2026· 1 months agoviaContracts Finder
    Awarded
    £7.8m
    Published 23 Jul 2026

    Decision brief

    4 fields
    • Contract value
      £7,843,000
      Pounds sterling
    • Tender closed
      16 Dec 2025
      8 months ago
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom

    Suppliers

    1 supplier
    • FU
      Form3 UK Limited
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 1 months ago.

    23 Jul 2026Today16 Dec 2025

    Brief

    The Department of Work and Pensions (DWP) seeks a secure, scalable, cloud-based Payments as a Service (PaaS) solution to modernise its payment processing capabilities through the Bacs scheme. The solution must be ISO20022 compliant to ensure international interoperability standards and meet stringent requirements for data security, system resilience, operational control, and business continuity. This procurement aims to replace or enhance existing payment infrastructure with a platform that provides reliable, efficient payment fulfilment while maintaining the department's oversight and compliance obligations. Suppliers should have proven expertise in payment systems, financial services security certifications, cloud infrastructure management, and experience with UK banking scheme integration.

    Track record

    1 award · 1 winner
    Thin record

    Only 1 prior award here — too little to read.

    In financial services, DEPARTMENT FOR WORK AND PENSIONS has awarded 1 contract to 1 supplier.

    Who wins here
    1. Form3 UK Limited1× · 100%

    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 sourceContracts Finder

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    contractsfinder.service.gov.uk
    Record ID
    7af6ca65-8f2a-40f9-9695-35ab56204843-907814
    DF
    Buyer
    DEPARTMENT FOR WORK AND PENSIONS
    Sector
    Financial Services