Section one: Contracting authority
one.1) Name and addresses
HM Revenue & Customs
100 Parliament Street
London
SW1A2BQ
Country
United Kingdom
Region code
UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Money Transmission Services for Government Banking Lot 3
Reference number
CW102246
two.1.2) Main CPV code
- 66110000 - Banking services
two.1.3) Type of contract
Services
two.1.4) Short description
His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.
Government Banking sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations.
To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks.
This contract will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector.
This Lot 3 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.
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: £55,020,000
two.2) Description
two.2.2) Additional CPV code(s)
- 66110000 - Banking services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66180000 - Foreign exchange services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.
Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers").
To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks.
The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service).
The procurement was conducted via the Restricted Procedure.
two.2.5) Award criteria
Quality criterion - Name: Technical Quality / Weighting: 60
Quality criterion - Name: Social Value / Weighting: 10
Cost criterion - Name: Price / Weighting: 30
two.2.11) Information about options
Options: Yes
Description of options
Four optional 1 year extensions.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Restricted procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-008993
Section five. Award of contract
Lot No
3
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
3 July 2025
five.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
CITIBANK N.A. LONDON BRANCH
Citigroup Centre, Canada Square, Canary Wharf
London
E14 5LB
Country
United Kingdom
NUTS code
- UK - United Kingdom
Companies House
BR001018
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £55,020,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
HM Revenue & Customs
London
Country
United Kingdom