# PTX Faster Payments Cloud Solution

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [H M REVENUE & CUSTOMS](/buyers/h-m-revenue-customs/contract-awards)
- Contract winner: BOTTOMLINE TRANSACTIONAL SERVICES LIMITED
- Award value: £332,986
- Tender value: £332,986
- Award date: 3 April 2025
- Published: 11 April 2025
- Contract start: 1 April 2025
- Contract end: 31 March 2026
- Stage: awarded
- Procurement category: services
- Notice ID: 7c4a4eb1-8313-4980-9c3e-f8250a108d06-838394
- OCID: ocds-b5fd17-c03c2820-f3d0-4753-86ad-2353a7e8ffb3

## Description

The system has functionality to convert BACS file to Bulk Faster Payment file \. in addition the functionality to log audit event whenever BACS file is converted to Bulk Faster Payment file and it must be able to allocate the delayed BACS file to Faster Payment Service

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/7c4a4eb1-8313-4980-9c3e-f8250a108d06-838394)