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ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3Published facts
ae724ced-8660-4a0c-ab83-298d091f6b7a-153332Government Banking Service - Money Transmission Services. The Government Banking Service was established in April 2008 and is the banking shared service provider to government and the wider public sector. It is part of HM Revenue & Customs and incorporates the Office of HM Paymaster General which has provided banking services to the public sector since 1836.The Government Banking Service's core purposes are to 1) Hold the working balances of HM Government at the Bank of England, 2) To facilitate modern cost effective direct to bank money transmission services for its customers; and 3) To ensure timely and accurate reporting to HM Treasury to help improve Government Cash Management and reduce Government borrowing costs.The services will evolve rapidly over the proposed life of the framework agreement and the Government Banking Service partners will be required to provide flexible, sustainable solutions which help government achieve its 'digital by default' agenda. The partners will be required to ensure government is well positioned to take advantage of the changing payment technology landscape. The contracts awarded provide a pan government framework agreement for use by the UK public sector bodies detailed in the Contract Notice.
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Award notice observed
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ae724ced-8660-4a0c-ab83-298d091f6b7a-153332Awards and suppliers
Buyer: H M REVENUE & CUSTOMSSupplier: The Royal Bank of Scotland PLC
ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3-1End dates, recurrence wording and links are shown as they appear in public notices. They do not create a new opportunity. If no later linked record appears here, that means Bidwake did not find one in the records it has loaded; it does not prove that none exists.