Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance
Buyer: HM Treasury
- Published
- 13 November 2025
- Submission deadline
- 17 November 2025
- Estimated value
- £0
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Documents
- 11
- Notice number
- 073385-2025
- Reference
- ocds-h6vhtk-04ee43
- Official source
- Official source
CPV codes
- 48000000Software package and information systems
- 66150000Financial markets administration services
- 72000000IT services: consulting, software development, Internet and support
Description
HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024. The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events. The proposal also includes requirements that concern interoperability functionality and connectivity. The Authority has not specified any particular contract value in this Tender Notice and will consider commercial proposals to ascertain the total value of the contract. The Authority expects to award the contract during w/c 15 December 2025. This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.
Official publications
- FTS · 073385-2025 · 13 November 2025
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 17 November 2025. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £0.
- Who is the buyer of this tender?
- The contracting authority is HM Treasury (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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