Award

Group Banking Services - Torus62

TORUS62 LTD

This public procurement record has 1 release in its history.

Award

17 Nov 2023 at 11:10

Summary of the contracting process

The buying organization, Torus62 Ltd, has awarded a contract for Group Banking Services to National Westminster Bank PLC. The procurement stage was an award, with key dates being the contract period from February 1, 2024, to January 31, 2028. The industry category is banking services, and the location is in the North West region of the United Kingdom.

This tender for General Banking Services could provide growth opportunities for businesses involved in banking and financial services. Companies offering automated payments, cash payments, mobile cheque banking, BACS usage, and other related services would be well-suited to compete. The procurement method was stated as 'Other,' indicating a specific process tailored for this contract, excluding SMEs from the eligibility criteria.

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Notice Title

Group Banking Services - Torus62

Notice Description

General Banking Services, including: Automated payments Cash payments Manual payments Mobile cheque banking Paying in services BACS Usage BACS Files Processed

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-18cb3a8a-8ddd-40cb-bda2-72bb5e3f9a3f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/42d907e8-517f-4e4b-930f-4b25d62fad8b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£220,000 £100K-£500K
Lots Value
Not specified
Awards Value
£220,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Nov 20232 years ago
Submission Deadline
16 Nov 2023Expired
Future Notice Date
Not specified
Award Date
16 Nov 20232 years ago
Contract Period
1 Feb 2024 - 31 Jan 2028 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
TORUS62 LTD
Contact Name
Not specified
Contact Email
procurementteam@torus.co.uk
Contact Phone
+441925452404

Buyer Location

Locality
ST HELENS
Postcode
WA9 1LD
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)

Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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