Award

GB-Sheffield: Calculation Agent for Hampshire Trust - C2352

BRITISH BUSINESS FINANCIAL SERVICES LTD

This public procurement record has 1 release in its history.

Award

05 Feb 2025 at 10:55

Summary of the contracting process

The procurement process for the 'Calculation Agent for Hampshire Trust - C2352' has been completed by British Business Financial Services Ltd, located in Sheffield, UK. This process falls under the banking services industry, specifically including investment banking services and related services. The procurement stage has reached the award phase with Citibank being the successful supplier. Key dates indicate that the tender period ended on 10th October 2024, with the service contract commencing on 1st January 2025 and concluding on 31st December 2027. The value of the contract is £58,000, focusing on a broad range of locations including the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and United Kingdom.

This tender offers significant opportunities for businesses involved in banking and investment services to engage with a major financial institution. Companies that are experienced in providing comprehensive financial and investment services, particularly those able to operate on an international scale, would be well-suited to such procurement opportunities. The long contract period allows for sustained business growth and strategic partnership development. Although this specific procurement opportunity was not suited for SMEs or VCSEs, larger, similarly capable organisations may find valuable opportunities in future tenders from British Business Financial Services Ltd.

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Notice Title

GB-Sheffield: Calculation Agent for Hampshire Trust - C2352

Notice Description

Calculation Agent for Hampshire Trust

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7140ad18-719d-4251-b154-7c455df649cf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1901623a-c2d9-4fb7-b781-35551289a76f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£58,000 Under £100K
Lots Value
Not specified
Awards Value
£58,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20251 years ago
Submission Deadline
9 Oct 2024Expired
Future Notice Date
Not specified
Award Date
9 Oct 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 2027 2-3 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
BRITISH BUSINESS FINANCIAL SERVICES LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GC
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

CITIBANK

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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