Cash Disbursement - Prior Information Notice
Department for Work and Pensions · London
Key facts
- Engagement closes
- 31 Mar 2024
- Buyer type
- Central government
Description
The purpose of this PIN is to inform market operators of a potential future exercise to procure services supporting national UK & NI cash disbursement. This PIN is to seek insight from market operators to assess market suitability, support DWP's understanding of the available services, and identify market innovations that support cash disbursement to unbanked citizens.
We invite market operators to attend a pre-market engagement event planned for 2/8/2023. This will be recorded and can be viewed by market operators unable to attend the live event (available until 20/8/23). In addition, we would like to offer interested parties a follow up 1-1 session to allow market operators to provide further insight to DWP. If operators are interested, in a 1-1 session please notify DWP through the provided address, this option again can be considered at a later date (until 25/8/23) once market operators have viewed the recorded event.
A further Prior Information Notice may be issued should DWP proceed to a procurement, however market operators should be aware DWP is not committed to or guarantees a procurement at this stage. DWP reserves the right to withdraw or amend the intentions of this Prior Information Notice at any time. Any costs incurred in attending the pre-market engagement or 1-1 sessions will be borne by the market operator.
DWP is considering at this time a service proposition that includes DWP alongside other government departments including Department for Communities. The service most would likely need to be assured to regulatory standards, including Financial Conduct Authority (FCA) and all payment industry standards.
Additional information: DWP would like to invite representatives from organisations to attend a presentation which provides information on the potential service and expectations of DWP. This presentation will be recorded and can be viewed by market operators unable to attend the live event until 20/8/23.
DWP would like to offer interested parties a follow up 1-1 session (up to 25/8/23) to allow market operators to provide further insight to DWP. If operators are interested, please notify this is the case through the provided contact details.
To register your interest for the event on 2/08/23, please contact by email: [email protected] before 13:00 hours on 28/07/2023.
Following registration of interest, we will follow up with event details closer to the date sent to the registered email.
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