Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance
HM TreasuryEstimated Value
Up to £0
Deadline
17 November 2025
Published
12 February 2026
Type
Not specified
Overview
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. 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.
Regulations cited
- Markets Act 2023
- Procurement Act 2023
AI AnalysisMembers
Requirements, key tasks and tips for reading this tender — included with Tendarix membership.
£4.99/month after a 7-day free trial. Cancel anytime before it ends and you pay nothing.
Award Details
HSBC BANK PLC
£0
Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
KING'S COLLEGE LONDON
£59,800
total awarded
- 2
IBM UNITED KINGDOM LIMITED
£964,051
total awarded
- 3
ALLIED PUBLICITY SERVICES (MANCHESTER) LIMITED
2 contracts wonlatest 21 Nov 2025£48,381
total awarded
- 4
CLARITY TRAVEL LIMITED
1 contract wonlatest 8 Sept 2026ends 31 Aug 2028£14m
total awarded
- 5
Grant Thornton UK LLP
1 contract wonlatest 11 Aug 2026
KING'S COLLEGE LONDON is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
Before you bid, buyers check
two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
Actions
Start free trialto open noticeCreate an account and start a 7-day free trial to open the buyer’s own notice and tender documents, plus fit scoring and the Bid Writer. Then £4.99/month — cancel anytime.
Open Bid WriterIndependent software, web & cloud studio. We design, build and grow digital products that quietly outlast their category.
How to Apply
Step-by-step submission guide
Submission Portal
Find a Tender
Open the original notice
Click the button below to view the full notice on Find a Tender Service (FTS)
Check the procedure type
The "Procedure" section tells you if it's Open (one stage) or Restricted (SQ then ITT). This changes how you apply
Access the eSourcing portal
FTS notices link to the buyer's eSourcing platform — register there to access documents
Complete the Selection Questionnaire
Higher-value contracts often require an SQ first — this pre-qualifies you before the full bid stage
Submit electronically
Upload your completed response through the eSourcing platform before the closing date and time
FTS contracts are above UK procurement thresholds. Late submissions are strictly rejected — submit at least 24 hours before the deadline to avoid portal issues.
Buyer Profile
HM TREASURYKey Dates
Published
12 February 2026
Submission deadline
17 November 2025
Notice type
award
Source
find a tender
Related Tenders
Notice of intention to award under the public health framework - live well preventative health services
This is a Provider Selection Regime (PSR) intention to award notice. The awarding of this contract is subject to the Health Care Services (Provider Selection Regime) Regulations 20
Provision of aerial survey of the UK rail network - lidar (light detection and ranging) and aerial photography
Network Rail require an Aerial Survey of the UK rail network, principally consisting of LiDAR (Light Detection and Ranging) and RGB (Red, Green and Blue) data capture. There is a d
Healthy weight service
This notice relates to the process set out in Regulation 10 of The Health Care Services (Provider Selection Regime) Regulations 2023, Most Suitable Provider Process (MSP). The Lond
QTS consultanst framework
As a result of this tender, the Authority is seeking to create: A framework incorporating 12 lots Lot 1 - Architects Lot 2 - Cost Consultants Lot 3 - M&E Engineering Lot 4 - Buildi