Tender

Banking, Merchant and Procurement Card Services

THE UNIVERSITY OF CENTRAL LANCASHIRE

This public procurement record has 1 release in its history.

Tender

26 Nov 2021 at 14:22

Summary of the contracting process

The University of Central Lancashire is currently in the Tender stage of procuring Banking, Merchant and Procurement Card Services, with a total contract value of £900,000. This procurement process, which follows an open procedure above the threshold, is set to end on 13 January 2022. The services will be delivered in the North West region of the United Kingdom, and the contract period is anticipated to commence on 1 July 2022 and conclude on 30 June 2032.

This tender presents an excellent opportunity for businesses in the banking and financial services sector, particularly those offering merchant services and procurement cards. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to compete, as the buyer is particularly keen on diverse service offerings including UK domiciled currency accounts and online banking facilities. This procurement could significantly bolster a business's portfolio and foster long-term client relationships within the educational sector.

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Notice Title

Banking, Merchant and Procurement Card Services

Notice Description

The University is procuring Banking and Merchant Services including Procurement Cards. Tenderers for banking services need to be able to offer a diverse range of day to day banking and merchant services including procurement cards. This includes (but is not limited to) the provision of UK domiciled currency accounts, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7870586c-b189-475b-b1da-47878499dc75
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/24bead4e-0504-40e3-a99b-cde77a139f41
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20214 years ago
Submission Deadline
13 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2022 - 30 Jun 2032 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
THE UNIVERSITY OF CENTRAL LANCASHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PRESTON
Postcode
PR1 2HE
Post Town
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

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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