Source: https://tendernation.io/opportunities/01a13c53-4e70-729d-abce-95352ad46187/grace-government-reporting-cash-management-environment

closed GB restricted procedure Suitable for SMEs

# GRACE (Government Reporting & Cash Management Environment)

[HM Revenue & Customs](https://tendernation.io/buyers/hm-revenue-customs)

Estimated value

Not stated

Published

9 Feb 2020

Deadline

Closed

5 Mar 2020

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Government Banking Service (GBS) require a Financial Transaction Reporting (FTR) solution that can report intraday position data using transactional data which is used to supply HM Treasury with key financial information, allowing them to effectively deliver government cash management objectives. GBS require a solution that can capture and consolidate data for multiple entities (i.e. The Government Departments bank accounts) and return the information in a format acceptable to GBS and HMT. The solution must be banking industry standard, scalable, flexible, easy to maintain and must have the ability to debt and credit customers' accounts using various file uploads. Additionally, it must have the ability to 'zero' customer accounts, GBS currently utilises a SWIFT bureau and continues to require this method of connecting to the banks

## CPV classification

Treasury services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/4a7edb8e-b53d-4d10-a1b3-2769a8ede32d)

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