Tender

Cheque Processing & Clearing Services

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Tender

15 Jan 2021 at 14:19

Summary of the contracting process

The Post Office Limited is currently in the Tender stage of procuring cheque processing and clearing services. This opportunity, titled "Cheque Processing & Clearing Services," has a contract value of £9.6 million and is classified under the industry category of financial transaction processing services. The tender period concludes on 15 February 2021, following which the contract is set to commence on 1 July 2021 and will last until 30 June 2027. The services required will be delivered across various locations, including the British Overseas Territories, Channel Islands, Europe, and the United Kingdom.

This tender represents a significant opportunity for large businesses specialising in financial technology and transaction processing services, particularly those experienced in handling high-volume cheque processing and clearing solutions. Given the scale of the contract and the specific expertise required, companies with capabilities in high-value financial services, operational efficiency, and compliance with industry regulations will be well-positioned to compete for this contract. Businesses that can demonstrate innovative processing methods and superior service delivery will likely appeal to the Post Office Limited's requirements.

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Notice Title

Cheque Processing & Clearing Services

Notice Description

Post Office wishes to enter into a contract for the provision of cheque processing and clearing services. Additional information: If you are interested in this opportunity please go to https://postoffice.wax-live.com/S2C/ and login to view

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3842488d-2a17-4320-b1f4-87edf43c4746
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ab8584ce-3c71-4686-9fb2-eeae4e8fa401
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66133000 - Processing and clearing services

66172000 - Financial transaction processing and clearing-house services

79999100 - Scanning services

Notice Value(s)

Tender Value
£9,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jan 20215 years ago
Submission Deadline
15 Feb 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2021 - 30 Jun 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POST OFFICE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2Y 9AQ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

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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