BACS Software

FOI reference - FOI-297
Date - 30 July 2024

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Request

1. What software you are currently using to facilitate BACS payments and what is the date of the renewal for this contract?
2. How much you are paying annually for this contract, and where do you advertise for this tender?

Response

Having consulted with our internal Commercial Team, I can confirm we hold the information you have requested.

1. The software is Bottomline PTX. Current contract expiry 28 April 2025 with provisions for contract modifications/extensions up to 28 April 2027.
   
   
2. Current annual cost is £10,980 excluding. VAT. Route to market is decided at time of procurement. New Procurement Act 2023 dictates in-scope transparency notices to be published on Contracts Finder.