Early Payment Scheme
Kent County Council
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Key details
Procurement
- 66000000 Financial and insurance services
What happened
Kent County Council awarded this contract to OXYGEN FINANCE LIMITED worth £1,000,000 on 3 May 2024. The contract runs until 12 May 2029.
Description
Kent County Council (KCC) have appointed Oxygen Finance Limited on a 5-year contract to provide an Early Payment Scheme along with additional associated services. The Early Payment Scheme will enable KCC's external suppliers who choose to participate to be paid earlier than their contracted payment terms in exchange for an early payment discount. The additional services associated with the Early Payment Scheme are Oxygen Finance Insights and a Recovery Audit Service. The Oxygen Finance Insights service allows for public sector organisations to have access to valuable public sector spend and tender data. The Recovery Audit Service allows for Oxygen Finance to carry out recovery audits for KCC.
This contract was awarded to Oxygen Finance Limited via the NEPO (North East Procurement Organisation) Early Payment Service (NEPO521).
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View all →External ID: cf-ocds-b5fd17-7b6dad2a-df4b-43a2-8a0b-792919fd73dd • Added 3 October 2026