Contract awardedContracts FinderFramework call-offBACS bureau

Digital Payment Services - Payments as a Service - Bacs Payment Fulfilment

Department for Work and Pensions
Selective procedure
20 July 2026 to 19 July 2031

Delivery of a secure, scalable, and ISO20022 compliant cloud-based Payments as a Service (PaaS) solution. The service enables modernised integration with the Bacs payment scheme, specifically designed to meet high-level resilience, operational control, and security requirements for large-scale public sector financial transaction processing.

Open the official notice

Awarded value: £7.8m; As published
Published: 23 July 2026; Contracts Finder
Awarded: 17 July 2026; Form3 UK Limited
Contract length: 60 months; Ends 19 July 2031

What the buyer is asking for

Provision of secure, cloud-based Payments as a Service solutions to facilitate Bacs scheme integration and financial transaction processing for government.

Category: Financial transaction processing and clearing-house services

Lifecycle

Publishedon Contracts Finder
23 July 2026
Contract awardedto Form3 UK Limited
17 July 2026
Contract starts
20 July 2026
Contract ends
19 July 2031

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The buyer

Type: Other public body
BACS bureau contracts, 24 months: 2
Open BACS bureau tenders: 0
Typical BACS bureau contract: £4m

See everything Department for Work and Pensions buys →

How it compares

135× the typical BACS bureau contract (£58k).

Cite this contract

Link: https://bidskim.com/tender/3847125/digital-payment-services-payments-as-a-service-bacs-payment-fulfilment
Buyer reference: CF-0034200DQH00000FUqLV2A1
Open contracting ID: ocds-b5fd17-ba87b80c-8344-4fc5-be22-2282e4ce32e4
Source: Contracts Finder
Last checked: 12 October 2026

Department for Work and Pensions. Digital Payment Services - Payments as a Service - Bacs Payment Fulfilment. Contract award, 23 July 2026. BidSkim, https://bidskim.com/tender/3847125/digital-payment-services-payments-as-a-service-bacs-payment-fulfilment (accessed 12 October 2026).