Payment Solutions 3
Summary:
This open framework let under the Procurement Act 2023 that gives central government and wider public sector access to payment cards for business purchases and prepaid cards or vouchers.
Description:
This agreement provides a comprehensive procurement card solution for purchasing common goods and services, including travel arrangements. It replaces the previous RM6248 Payment Solutions 2 agreement.
Through this agreement, you’ll get access to:
- supply and maintenance of payment solutions
- online management information system for real-time monitoring and management
- prepaid cards and voucher solutions for those without access to traditional payment methods
The agreement will run for 4 years
Benefits:
- faster buying process: we have already made sure this agreement is compliant with regulations, so you only need to identify your requirements, present these to the market and award a contract
- annual rebate: available to lot 1 customers based on annual spend and paid retrospectively
- support for government prompt payment policies: lot 1 suppliers are guaranteed payment within 3 working days
- spend control: lot 1 and 2 customers can control spending by setting monthly or single transaction limits using merchant category groups (MCG) and merchant category codes (MCC)
- compliance with the Procurement Policy Note 06/21 for carbon reduction plans in major government contracts
Product types:
Lot 1: Procurement cards
Access lodged, virtual and physical card solutions to buy common goods and services. You can ‘lodge’ a card with top spending suppliers so employees can buy goods and services without the need for a physical card.
Lot 2: Prepaid cards
An alternative solution to a cash payment for use at specified merchants.
Lot 3: Vouchers
Access an end to end voucher scheme with suppliers who can provide multiple closed-loop vouchers. This means that the merchant (retailer) who issues the voucher redeems the voucher (also known as gift cards).
These product types will evolve through market and customer engagement as we develop this framework.
Customer engagement
Customer engagement has not started yet. Please email the Payment solutions team using paysols@crowncommercial.gov.uk, if you would like to provide us with feedback.
Supplier engagement
Supplier engagement events are expected to commence in March. To take part in upcoming events please email the team using paysols@crowncommercial.gov.uk.
Important links
| Prior Information Notice (PIN) | Read PIN |
| Contract Notice in Find a Tender (FTS) | Read contract notice |
| Tender documents | Not available yet |
Timeline
| Activity | November to December 2024 |
| Pre-market engagement | March 2025 |
| Drafting of procurement documentation | May 2025 |
| Publication of find a tender (FTS) notice | February 2026 |
| Framework Award | August 2026 |