Key information
Request reference number: MGLA310724-8376
Date of response:
Summary of request
You requested:
- What software you are currently using to facilitate BACS payments & what is the date of the renewal for this contract?
- How much you are paying annually for this contract, and where do you advertise for this tender?
Our response:
I can confirm that the GLA holds this information within scope of your request and the information is presented below.
- What software you are currently using to facilitate BACS payments & what is the date of the renewal for this contract?
We use the PTX BACS service
- How much you are paying annually for this contract, and where do you advertise for this tender?
The total cost for the service, including support is £105.6k for a year. The current contract expires in March 2025 we have options to continue the service until March 2026 or March 2027. Where we would advertise the tender would depend on the value of the contract. If this was over the public sector threshold (of approximately £125k) we would advertise on the Find a Tender Service (FTS). Under the threshold we would look to use one of the frameworks available to us, probably G-Cloud.