Award

National Framework Agreement for Financial Services

COUNTESS OF CHESTER HOSPITAL NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

04 Oct 2018 at 10:38

Summary of the contracting process

The procurement process involves the Countess of Chester Hospital NHS Foundation Trust, which has issued a tender for a National Framework Agreement for Financial Services. This framework, designated under the CPV classification for Financial and insurance services, encompasses various transactional and core financial services required by client trusts. The tender was awarded as a single lot and has been officially completed, with a total budget of £50 million allocated for the contract period from 17 September 2018 to 16 September 2022. Key dates include the tender period, which ended on 21 August 2018.

This tender presents significant opportunities for businesses specialising in financial services, especially those capable of providing comprehensive solutions for transactional and core accounting needs. Companies that offer accounts payable and receivable, treasury management, and related services would be particularly well-suited to compete in this open procurement process. With the framework allowing for multiple suppliers, smaller and medium-sized enterprises (SMEs) have a viable chance to engage with the NHS and grow their portfolios in the financial service sector.

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Notice Title

National Framework Agreement for Financial Services

Notice Description

This procurement exercise led to a multi supplier Framework Agreement. The Framework is for the provision of Financial Services. The Framework will be awarded as a single lot, with Bidders being required to meet all aspects of this Technical Specification. Client Trusts will seek providers of financial services to include: Transactional Services: - Accounts Payable - Accounts Receivable Core services: - Fixed and Capital Assets Accounting and Reporting - Balance sheet - Cash Allocation and Bank Recs - Treasury and Cash Management - Funds Held on Trust Not all clients may require the full extent of these services; however potential providers must be able to offer allof these services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-30944d89-e07b-4677-ac0a-4268af904b95
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1befc24f-04f0-483b-b6d4-ed123d37ba76
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£50,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Oct 20187 years ago
Submission Deadline
21 Aug 2018Expired
Future Notice Date
Not specified
Award Date
13 Sep 20187 years ago
Contract Period
16 Sep 2018 - 16 Sep 2022 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
COUNTESS OF CHESTER HOSPITAL NHS FOUNDATION TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CHESTER
Postcode
CH2 1UL
Post Town
Chester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD63 Cheshire West and Chester
Delivery Location
Not specified

Local Authority
Cheshire West and Chester
Electoral Ward
Upton
Westminster Constituency
Chester North and Neston

Supplier Information

Number of Suppliers
2
Supplier Names

ANDERSON ANDERSON & BROWN

ELFS SHARED SERVICES

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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