Direct Payment Payroll and Banking Service
This tender closed on 20 October 2026.
- Buyer
- Somerset Council
- Value
- £2,500,000
- Closed
- 20 October 2026
- Where
- Taunton, the South West
- Type
- Open tender
In plain English
Somerset Council is looking for a payroll and banking service to handle Direct Payments, which is money given directly to people who need social care support so they can pay for their own care arrangements. The supplier will manage the payment systems, banking, and financial administration for these individual accounts.
What the buyer wants
• Operate a payroll and banking system to receive funding from the council and distribute it to individuals, their representatives, or third-party care providers • Process payments, manage accounts, and provide financial administration for Direct Payment holders • Ensure secure handling of public funds and compliance with social care regulations
Requirements
What could rule a small business out: This contract requires financial services expertise, banking operations, and regulatory compliance that are far beyond what a typical small trade business (builder, cleaner, electrician) can deliver, and you will almost certainly need to be a regulated financial services provider.
Always check the tender documents.
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