How to win: Short Term Payment Contingency Service

About this contract

Description The Department for Work and Pensions (DWP) wish to give notice of a market engagement opportunity in relation to two linked but separate future procurements for DWP payment contingency services (together referred to in this notice as the “Payment Contingency Services (“PCS”)). The intention of the PCS is to ensure DWP has robust contingencies in place to make benefit and pension entitlement payments to its customers on the dates they are due. The PCS are invoked only in exceptional circumstances where there is a delay in DWP releasing Bacs payment file(s). The DWP intends for the relevant services to be provided under two separate, interdependent contracts (both of which are required to allow for invocation of PCS) as follows: - Short Term Payment Contingency (“STPC”) - Lot 1: This service reformats Bacs payments files into Faster Payment files for onward submission into the Faster Payment infrastructure  - Sponsor Bank (“SB”) – Lot 2: This service is required for the settlement of funds with the Bank of England.  These market engagement activities relate to both the STPC and SB procurements. Please note that as these are separate procurements, different p

How to win contracts like this

• ✓Answer against the marking scheme, not the question text — Department for Work & Pensions scores each response, so map your evidence to the published criteria and weightings.
• ✓At £2,684,640, expect quality and social value to carry a large share of the score — price alone rarely wins services work.
• ✓Show recent, comparable delivery: name similar services contracts you've delivered for public bodies, with measurable outcomes.
• ✓Start early: it closes 5 June 2026 and a strong bid takes iteration.

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