Contract

Government Reporting & Cash Environment (Project Grace)

  • H M Revenue & Customs

F03: Contract award notice

Notice identifier: 2021/S 000-020315

Procurement identifier (OCID): ocds-h6vhtk-02d6ca

Published 19 August 2021, 12:18pm



Section one: Contracting authority

one.1) Name and addresses

H M Revenue & Customs

5th Floor Ralli Quays, 3 Stanley Street

Salford

M60 9LA

Contact

James Power

Email

james.power1@hmrc.gov.uk

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

https://HMRC.gov.uk

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

Other activity

Direct & Indirect Taxation


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Government Reporting & Cash Environment (Project Grace)

Reference number

CW34458

two.1.2) Main CPV code

  • 66600000 - Treasury services

two.1.3) Type of contract

Services

two.1.4) Short description

Government Banking Service (GBS) require a Financial Transaction Reporting (FTR) solution that can report intraday position data using transactional data which is used to supply HM Treasury with key financial information, allowing them to effectively deliver government cash management objectives. GBS require a solution that can capture and consolidate data for multiple entities (i.e. The Government Departments bank accounts) and return the information in a format acceptable to GBS and HMT. The solution must be banking industry standard, scalable, flexible, easy to maintain and must have the ability to debt and credit customers' accounts using various file uploads. Additionally, it must have the ability to 'zero' customer accounts, GBS currently utilises a SWIFT bureau and continues to require this method of connecting to the banks.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £5,005,098

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Government Banking Service (GBS) require a Financial Transaction Reporting (FTR) solution that can report intraday position data using transactional data which is used to supply HM Treasury with key financial information, allowing them to effectively deliver government cash management objectives. GBS require a solution that can capture and consolidate data for multiple entities (i.e. The Government Departments bank accounts) and return the information in a format acceptable to GBS and HMT. The solution must be banking industry standard, scalable, flexible, easy to maintain and must have the ability to debt and credit customers' accounts using various file uploads. Additionally, it must have the ability to 'zero' customer accounts, GBS currently utilises a SWIFT bureau and continues to require this method of connecting to the banks.

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2020/S 029-068849


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

27 July 2021

five.2.2) Information about tenders

Number of tenders received: 2

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Bottomline Technologies

1600Arlington Business Park

Reading

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £5,005,098


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

HMRC

Salford

Country

United Kingdom