Understand the UK public sector market like never before with Tussell Insight. Book a demo of the full platform now

Awarded Award notice

Crown Commercial Service (the Authority) has established a single Supplier Framework Agreement for use by central government and wider public sector organisations (Contracting Authorities) for the
provision of Supplier Early Payment Solutions (SEPS), which will encompass both Supply Chain Finance solution (SCF) and a Discount solution. This Framework Agreement will be managed by the Authority and Call Off Contracts will be managed by Contracting Authorities. This Framework Agreement will provide...

Crown Commercial Service (the Authority) has established a single Supplier Framework Agreement for use by central government and wider public sector organisations (Contracting Authorities) for the
provision of Supplier Early Payment Solutions (SEPS), which will encompass both Supply Chain Finance solution (SCF) and a Discount solution. This Framework Agreement will be managed by the Authority and Call Off Contracts will be managed by Contracting Authorities. This Framework Agreement will provide Contracting Authorities with the ability to pay Suppliers in advance of their contracted payment term (e.g. thirty (30) days). This Framework Agreement will offer the Supplier Early Payment Solutions (SEPS) via an online portal and will enable Contracting Authorities to choose the option(s) that meet their requirements.

Read more...

Contract status:

Award notice - awarded

Contract value:

£30M

Contract can renew:

No

Contract type:

Services

Contract sectors:

  • Financial and insurance services
  • Financial analysis and accounting software package
  • Financial and insurance services
  • Financial analysis and accounting software package

Contract location:

  • East Midlands
  • East Midlands

Framework contract:

Yes

Contract suitable for SME:

Yes

Contract suitable for VCO:

No


Contract notice published:

13 August 2018

Contract tender deadline:

21 December 2017

Contract start:

6 March 2018

Contract end:

5 March 2021

Contract duration:

3 years


Contract value awarded:

£30M

Contract awarded

26 March 2018

Supplier name City Region Country SME Award value
Taulia Inc Wilmington United States Yes £30M