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PROCUREMENT OPPORTUNITY

Electronic Payment Service Competitive flexible

The Riverside Group Limited · Tender notice on Find a Tender

Tender information last checkedLast checked 2 Oct 2026, 06:46.

Opportunity overview

The Riverside Group is looking to source a suitable supplier to manage our inward and outward bound payments The system will be used group-wide to centralise payments and income management under a single enterprise solution. This approach aims to streamline operations, enhance service delivery, and better meet the needs of both the organisation and its customers.

Classification

  • CPV48400000 — Business transaction and personal business software package
  • CPV66000000 — Financial and insurance services

Lots

  • Lot 1AED 8m · Source currency differs from tender

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
TRGBS258
Status
active
Procurement Method
open
Procurement Method Details
Competitive flexible procedure
Main Procurement Category
services
Above Threshold
Yes
Has Recurrence
Yes

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure

Features
Suppliers will be evaluated on their tender submissions for price and quality, a selection process will then take place where the highest 2 scoring suppliers and any other suppliers who score within 10% of the Highest scoring supplier will be invited in to provide a demonstration of their proposal.

Submission terms

Electronic Submission Policy
allowed

Languages

en

Tender Period

Ends
11 Jun 2026, 12:00

Enquiry period

Ends
11 Jun 2026, 12:00

Expected award period

Ends
20 Jul 2026, 23:59

Recurrence

Dates

Entry 1
Starts
2 Jan 2030, 23:59

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Including VAT
9,600,000
Amount
8,000,000
Currency
AED

Award criteria

Criteria

Criterion 1
Type
quality
Name
Quality 75%

Numbers

Entry 1
Number
1
Weight
order
Criterion 2
Type
price
Name
Price 25%

Numbers

Entry 1
Number
2
Weight
order

Contract period

Starts
11 Aug 2026, 00:00
Ends
10 Aug 2030, 23:59
Max Extent Date
10 Aug 2034, 23:59

Renewal

Description
4 x 12 months

Items and delivery

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
48400000
Description
Business transaction and personal business software package
Entry 2
Scheme
CPV
Id
66000000
Description
Financial and insurance services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Published documents

Entry 1
Id
future
Document Type
biddingDocuments
Access Details
All tender documents will be made available via the InTend portal: https://in-tendhost.co.uk/theriversidegroup/aspx/Home
Entry 2
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published
Entry 3
Id
042840-2026
Document Type
tenderNotice
Notice Type
UK4
Description
Tender notice on Find a Tender
Published
11 May 2026, 10:12
Format
text/html

Buyer, suppliers and contacts

Organisation 1
Name
The Riverside Group Limited
Id
GB-MPR-30938R

Identifier

Scheme
GB-MPR
Id
30938R

Address

Street Address
2 Estuary Boulevard
Locality
Speke, Liverpool
Postal Code
L24 8RF
Country
GB
Country Name
United Kingdom
Region
UKD72

Contact

Name
Idris Parry

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicUndertaking
Description
Public undertaking

Recorded locations

  • Buyer location · Speke, Liverpool · UKD72 · L24 8RF · United Kingdom
  • Delivery location · UK · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 042840-2026Tender notice on Find a Tender ·