Vat Split Payments Proof of Concept

A Contract Award Notice
by H M REVENUE & CUSTOMS

Source
Contracts Finder
Type
Contract (Services)
Duration
16 month
Value
£1M
Sector
TECHNOLOGY
Published
03 Nov 2023
Delivery
09 Oct 2023 to 31 Jan 2025
Deadline
22 May 2023 13:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

His Majesty's Revenue and Customs (HMRC) invited interested persons (Tenderers) to tender for a contract to develop a Proof of Concept (PoC) to illustrate how extraction of VAT from payments (split payment) on real-time payment channels could work.

Award Detail

1 Mckinsey (London)
  • Value: £1,384,000

CPV Codes

  • 48110000 - Point of sale (POS) software package
  • 48170000 - Compliance software package
  • 48441000 - Financial analysis software package
  • 48442000 - Financial systems software package
  • 66110000 - Banking services
  • 66151000 - Financial market operational services
  • 66170000 - Financial consultancy, financial transaction processing and clearing-house services
  • 72220000 - Systems and technical consultancy services
  • 72230000 - Custom software development services
  • 72240000 - Systems analysis and programming services

Indicators

  • Contract is suitable for SMEs.

Other Information

REQUIRED VAT Split Contract Award Form v1.3_redacted.docx REQUIRED VAT Split Core Terms - Mid-tier v1.3(104428135.2)_redacted.docx REQUIRED VAT Split Schedule 1 - Definitions v1.2(104428139.1)_redacted.docx Schedule 2 - Specification v.1.2(104428142.1) _redacted.docx REQUIRED VAT Split Schedule 3 - Charges v.1.2 - McKinsey_redacted.docx REQUIRED VAT Split Schedule 5 - Commercially Sensitive Information v1.2(104428150.1)_redacted.docx REQUIRED VAT Split Schedule 6 - Transparency Reports v1.2(104428153.1)_redacted.docx OPTIONAL VAT Split Schedule 7 - Staff Transfer v1.4_redacted.docx OPTIONAL VAT Split Schedule 10 - Service Levels v1.2 McKinsey (104428164.1)_redacted.docx OPTIONAL VAT Split Schedule 11 - Continuous Improvement v1.2(104428165.1)_redacted.docx OPTIONAL VAT Split Schedule 14 - Business Continuity and Disaster Recovery v1.2(104428180.1)_redacted.docx OPTIONAL VAT Split Schedule 16 - Security v1.2(104428184.1)_redacted.docx OPTIONAL VATS Split Schedule 18 - Supply Chain Visibility v.1.2(104428190.1)_redacted.docx REQUIRED VAT Split Schedule 21 - Variation Form v1.2(104428199.1)_redacted.docx REQUIRED VAT Split Schedule 22 - Insurance Requirements v1.2(104428204.1)_redacted.docx OPTIONAL VAT Split Schedule 24 - Financial Difficulties v1.2(104428089.1)_redacted.docx REQUIRED VAT Split Schedule 25 - Rectification Plan v1.2(104428093.1)_redacted.docx REQUIRED VAT Split Schedule 26 - Corporate Social Responsibility v1.2(104428099.1)_redacted.docx OPTIONAL VAT Split Schedule 27 - Key Subcontractors v1.2(104428104.1)_redacted.docx OPTIONAL VAT Split Schedule 28 - ICT Services v1.2 McKinsey (104428111.1)_redacted.docx OPTIONAL VAT Split Schedule 29 - Key Supplier Staff v1.2 McKinsey (104428114.1)_redacted.docx OPTIONAL VAT Split Schedule 30 - Exit Management v1.2(103475421.1)_redacted.docx OPTIONAL VAT Split Schedule 31 - Buyer Specific Terms v1.2(104428121.1)_redacted.docx VAT SPLIT Mid-Tier_-_Schedule_36_-_IPR_-_v1.1_redacted.docx REQUIRED VAT Split Schedule 4 - Tender v1.2 McKinsey (104428147.1)_redacted.docx

Reference

Domains