Award

PO 8275 - Third Party Money Fund Management Services - Amendment No 2

FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

05 May 2021 at 13:55

Summary of the contracting process

The procurement process involves the Foreign, Commonwealth and Development Office seeking third-party money fund management services through the tender titled "PO 8275 - Third Party Money Fund Management Services - Amendment No 2". The contract, which has been amended to extend its duration by two years and increase the financial limit by £48,000, is categorised under foreign economic-aid-related services. The relevant contract period commenced on 1st August 2018 and will conclude on 31st July 2023, while the award date is recorded as 31st July 2018.

This opportunity could be advantageous for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that specialise in financial management and advisory services. As the procurement method employed is an open procedure above the threshold, it allows a broad range of suppliers to participate, thereby creating a competitive environment that fosters business growth for those capable of delivering quality financial services to government sectors.

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How relevant is this notice?

Notice Title

PO 8275 - Third Party Money Fund Management Services - Amendment No 2

Notice Description

This amendment relates to a two (2) year extension of the contract and increase in the financial limit by PS48,000. Additional information: All relevant information relating to this Contract Notice can be found on the FCDO Supplier Portal where suppliers can register their interest directly. If you are not already registered as a supplier on the FCDO Supplier Portal please follow the guidance which can be found on the top left of the home page: https://supplierportal.fcdo.gov.uk/selfservice/

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1d0c066a-e239-4804-b18a-418678e9154c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/69a13140-e688-4ebb-9ab0-68aec50f11e0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services


CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£48,000 Under £100K
Lots Value
Not specified
Awards Value
£48,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 May 20215 years ago
Submission Deadline
14 May 2018Expired
Future Notice Date
Not specified
Award Date
30 Jul 20187 years ago
Contract Period
31 Jul 2018 - 31 Jul 2023 Over 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
FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EAST KILBRIDE
Postcode
G75 8EA
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
Not specified

Local Authority
South Lanarkshire
Electoral Ward
East Kilbride West
Westminster Constituency
East Kilbride and Strathaven

Supplier Information

Number of Suppliers
1
Supplier Name

CROWN AGENTS 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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