Award

Strategic Banking Solution

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Award

15 May 2023 at 12:39

Award Notice
Summary of the contracting process

The UK Infrastructure Bank Limited has awarded a contract for the 'Strategic Banking Solution' with a contract value of £5,000,000. The procurement method used was selective, with the contract awarded to Deloitte LLP. The tender period ended on 30th April 2023, and the contract period is from 1st May 2023 to 9th May 2027. The buyer is UK Infrastructure Bank Limited, located in Leeds (postal code: LS1 4DW), operating in the services industry.

This tender presents opportunities for businesses, especially SMEs, in the banking services sector to grow their operations. Companies capable of providing strategic banking solutions are well-suited to compete in this procurement process. The contract's framework agreement allows for select suppliers, such as Deloitte LLP, to participate in fulfilling the contract requirements over the specified contract period.

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Notice Information

Notice Title

Strategic Banking Solution

Notice Description

Strategic Banking Solution.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-54962a98-3ded-40c2-94dd-e0f0a1ae5033
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63000711-dd06-478c-9a7e-81949857af33
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£5,670,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,670,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20232 years ago
Submission Deadline
29 Apr 2023Expired
Future Notice Date
Not specified
Award Date
29 Apr 20232 years ago
Contract Period
30 Apr 2023 - 9 May 2027 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK LIMITED
Contact Name
UKIB Procurement Team
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

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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