Planning

Soft Market Testing Exercise in Relation to the Provision of Corporate Banking Services

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 2 releases in its history.

Planning

12 Sep 2019 at 09:41

Market Engagement Notice
Planning

15 Aug 2019 at 08:50

Market Engagement Notice
Summary of the contracting process

The University of Southampton is currently conducting a Soft Market Testing Exercise regarding its requirement for Corporate Banking Services, aimed at shaping the future banking strategy and procurement options. This initiative is in the planning stage, with an engagement deadline set for 30 September 2019. The university is located in Southampton, England, in the South East region of the United Kingdom. The exercise invites interested parties to submit their ideas and solutions via a Soft Market Testing Questionnaire (SMTQ) before the due date.

This tender presents a significant opportunity for businesses in the banking and financial services sector to engage with a prominent educational institution. Companies offering innovative banking solutions or corporate financial services are particularly well-suited to compete in this exercise. Participating in this process not only allows access to contextual information about the university's needs but also the potential to establish long-term partnerships, depending on the outcomes of this exploratory phase.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Soft Market Testing Exercise in Relation to the Provision of Corporate Banking Services

Notice Description

The University of Southampton is currently exploring a range of options in relation to its requirement for Corporate Banking Services. This Soft Market Testing Exercise is intended to support the development of the University's future banking strategy and potential procurement options. The University is keen to explore all current options in the market, as well as potential innovative solutions, and interested parties are invited to complete and submit a Soft Market Testing Questionnaire (SMTQ) detailing relevant ideas and opportunities. In addition to the submissions of SMTQs, the University will be holding Supplier Presentation sessions during September 2019. Participating suppliers may be invited to attend and present to the University's key stakeholders as part of this Exercise. To support participation in this process, the University is willing to make available contextual information, including data, to enable organisations to gain a broader understanding of the University's operating environment. To prevent the unauthorised use of this information the University is asking all organisations taking part in this soft market testing exercise to enter into a Non-Disclosure Agreement (NDA). Further details can be found in the SMTQ document. Additional information: The University is utilising an electronic tendering tool, In-Tend (https://in-tendhost.co.uk/universityofsouthampton) to manage this Soft Market Testing Exercise and to communicate with participating organisations. All documentation in relation to this Exercise can be downloaded from In-Tend. Participating organisations are advised that there will be no hard copy documentation issued and that all communications with the University, including the submission of SMTQs, must be conducted via In-Tend. Regular monitoring of In-Tend is the responsibility of the participating organisation. if you are not already registered as a supplier with the University of Southampton, you will need to register on In-Tend in order to access the documentation for this Exercise. Once you have logged in, click on 'Tenders', then locate the relevant project and click 'View Details'. Once you are in the project screen, you will be able to register your organisation against the project and access all documentation by clicking 'Express Interest'. Further instructions for the submission of SMTQs are below. To submit your SMTQ, please follow the instructions below: 1. Log In 2. Click 'Tenders' 3. Locate the relevant project 4. View Details 5. Click on the tab relating to the relevant project stage (e.g. 'Soft Market Testing') 6. Click on the 'Attach documents' button and upload your return. 7. Check ALL your response documents are uploaded and displayed in the "My tender return" panel. The system will only permit your organisation to make one return. 8. Click the red "Submit return" button. Please note that, to preserve the integrity of the soft market testing exercise, all queries must made be via the correspondence function within In-Tend. The deadline for the return of completed SMTQs is 3rd September 2019 (12.00 noon). Please Note: This early engagement notice is issued solely for the purpose of conducting pre-procurement market engagement and does not constitute any commitment to undertake any procurement in the future. Interested parties will not be prejudiced by any response or failure to respond to the soft market testing exercise and a response to this notice does not guarantee any invitation to participate in this exercise or any future procurement. This notice does not constitute a call for competition to procure any services, supplies or works mentioned in this notice and the University will not accept any proposals offered in response to this notice. The University of Southampton is not liable for any costs, fees, or expenses incurred by any party in replying to this early engagement notice and/or providing a soft market testing exercise response.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5ac049dd-1e7e-443c-9616-26cbc767c33a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5cc22772-ab75-4d36-b74f-fffa15a93c91
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Sep 20196 years ago
Submission Deadline
Not specified
Future Notice Date
30 Sep 2019Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTHAMPTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO17 1BJ
Post Town
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
TLJ South East (England)
Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-5ac049dd-1e7e-443c-9616-26cbc767c33a-2019-09-12T10:41:48+01:00",
    "date": "2019-09-12T10:41:48+01:00",
    "ocid": "ocds-b5fd17-5ac049dd-1e7e-443c-9616-26cbc767c33a",
    "language": "en",
    "initiationType": "tender",
    "title": "Soft Market Testing Exercise in Relation to the Provision of Corporate Banking Services",
    "planning": {
        "milestones": [
            {
                "id": "1",
                "title": "Engagement end date",
                "type": "engagement",
                "dueDate": "2019-09-30T23:59:59+01:00"
            }
        ],
        "documents": [
            {
                "id": "1",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/5cc22772-ab75-4d36-b74f-fffa15a93c91",
                "datePublished": "2019-09-12T10:41:48+01:00",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "tender": {
        "id": "2019UoS-0196",
        "title": "Soft Market Testing Exercise in Relation to the Provision of Corporate Banking Services",
        "description": "The University of Southampton is currently exploring a range of options in relation to its requirement for Corporate Banking Services. This Soft Market Testing Exercise is intended to support the development of the University's future banking strategy and potential procurement options. The University is keen to explore all current options in the market, as well as potential innovative solutions, and interested parties are invited to complete and submit a Soft Market Testing Questionnaire (SMTQ) detailing relevant ideas and opportunities. In addition to the submissions of SMTQs, the University will be holding Supplier Presentation sessions during September 2019. Participating suppliers may be invited to attend and present to the University's key stakeholders as part of this Exercise. To support participation in this process, the University is willing to make available contextual information, including data, to enable organisations to gain a broader understanding of the University's operating environment. To prevent the unauthorised use of this information the University is asking all organisations taking part in this soft market testing exercise to enter into a Non-Disclosure Agreement (NDA). Further details can be found in the SMTQ document. Additional information: The University is utilising an electronic tendering tool, In-Tend (https://in-tendhost.co.uk/universityofsouthampton) to manage this Soft Market Testing Exercise and to communicate with participating organisations. All documentation in relation to this Exercise can be downloaded from In-Tend. Participating organisations are advised that there will be no hard copy documentation issued and that all communications with the University, including the submission of SMTQs, must be conducted via In-Tend. Regular monitoring of In-Tend is the responsibility of the participating organisation. if you are not already registered as a supplier with the University of Southampton, you will need to register on In-Tend in order to access the documentation for this Exercise. Once you have logged in, click on 'Tenders', then locate the relevant project and click 'View Details'. Once you are in the project screen, you will be able to register your organisation against the project and access all documentation by clicking 'Express Interest'. Further instructions for the submission of SMTQs are below. To submit your SMTQ, please follow the instructions below: 1. Log In 2. Click 'Tenders' 3. Locate the relevant project 4. View Details 5. Click on the tab relating to the relevant project stage (e.g. 'Soft Market Testing') 6. Click on the 'Attach documents' button and upload your return. 7. Check ALL your response documents are uploaded and displayed in the \"My tender return\" panel. The system will only permit your organisation to make one return. 8. Click the red \"Submit return\" button. Please note that, to preserve the integrity of the soft market testing exercise, all queries must made be via the correspondence function within In-Tend. The deadline for the return of completed SMTQs is 3rd September 2019 (12.00 noon). Please Note: This early engagement notice is issued solely for the purpose of conducting pre-procurement market engagement and does not constitute any commitment to undertake any procurement in the future. Interested parties will not be prejudiced by any response or failure to respond to the soft market testing exercise and a response to this notice does not guarantee any invitation to participate in this exercise or any future procurement. This notice does not constitute a call for competition to procure any services, supplies or works mentioned in this notice and the University will not accept any proposals offered in response to this notice. The University of Southampton is not liable for any costs, fees, or expenses incurred by any party in replying to this early engagement notice and/or providing a soft market testing exercise response.",
        "status": "planning",
        "classification": {
            "scheme": "CPV",
            "id": "66100000",
            "description": "Banking and investment services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "suitability": {
            "sme": false,
            "vcse": false
        }
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/AEsK94wx",
            "name": "UNIVERSITY OF SOUTHAMPTON",
            "identifier": {
                "legalName": "UNIVERSITY OF SOUTHAMPTON",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/AEsK94wx"
            },
            "address": {
                "streetAddress": "University Road",
                "locality": "SOUTHAMPTON",
                "postalCode": "SO171BJ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Suzanne Carlisle",
                "email": "S.Carlisle@soton.ac.uk",
                "telephone": "02380 595688"
            },
            "details": {
                "url": "https://in-tendhost.co.uk/universityofsouthampton"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/AEsK94wx",
        "name": "UNIVERSITY OF SOUTHAMPTON"
    }
}