Award

Retrofit Loan Administration - AWARD

SUFFOLK COUNTY COUNCIL (DIRECTORATES)

This public procurement record has 1 release in its history.

Award

09 Sep 2024 at 10:41

Summary of the contracting process

Suffolk County Council is overseeing a procurement process under the title "Retrofit Loan Administration – AWARD" for the Crown Commercial Services RM6322 Fund Administration & Disbursement Services DPS (FAADS). The procurement falls within the financial and insurance services industry and pertains to the region of East of England, United Kingdom. The key dates include a deadline for tender submissions on 9 July 2024 at 12 noon and clarification questions due by 25 June 2024 at 3 pm. The awarded contract commenced on 2 September 2024 and will run until 1 September 2031. The procurement process has transitioned to the award stage with Lendology CIC named as the successful supplier as of 30 July 2024.

This tender offers significant business growth opportunities for financial and administrative services organisations by involving in a long-term contract with a major county council. Companies specialising in fund administration and disbursement services will find this contract particularly suitable. By participating in such procurement processes, businesses can establish or enhance their reputation as reliable partners for public sector projects, access new revenue streams, and potentially leverage this experience for further contracts in the public or private sector.

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How relevant is this notice?

Notice Title

Retrofit Loan Administration - AWARD

Notice Description

Suffolk County Council is seeking a mini competition against the following Dynamic Purchasing System: Crown Commercial Services RM6322 Fund Administration & Disbursement Services DPS (FAADS) Further details can be found in the 'My Tenders' area of this website, by selecting the 'View Details' button for this project. The deadline for returned submissions is 9 July 2024 @ 12noon. Please note late returns will NOT be permitted. The deadline for clarification questions is 25 June 2024 @ 3pm which must be generated via the correspondence option on the website

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-60b8bf14-71d6-401a-b653-8eb5578acefd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/707ce6f7-52c7-4f98-9450-ca2cc4bcd5f9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
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

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
9 Sep 20241 years ago
Submission Deadline
9 Jul 2024Expired
Future Notice Date
Not specified
Award Date
29 Jul 20241 years ago
Contract Period
1 Sep 2024 - 1 Sep 2031 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
SUFFOLK COUNTY COUNCIL (DIRECTORATES)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SUFFOLK
Postcode
IP1 2BX
Post Town
Ipswich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH6 Suffolk
Small Region (ITL 3)
TLH62 Ipswich
Delivery Location
Not specified

Local Authority
Ipswich
Electoral Ward
Gipping
Westminster Constituency
Ipswich

Supplier Information

Number of Suppliers
1
Supplier Name

LENDOLOGY

Further Information

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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