Award

BACS Processing

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

17 Sep 2024 at 14:14

Summary of the contracting process

The procurement process titled "BACS Processing," initiated by Sheffield City Council, pertains to the provision of a BACS Processing function within the financial and insurance services sector. This direct award process concluded with the contract awarded on 17 September 2024, to Barnsley MBC. The service will be administered in the Yorkshire and the Humber region, United Kingdom, with the contract period running from 1 October 2024 to 30 September 2026. The procurement has reached the award stage, with no eligibility for SMEs or VCSEs. Key deadlines include the tender period ending on 4 September 2024.

This tender presents a significant growth opportunity for businesses specialising in financial and insurance services. Large enterprises with robust capabilities in BACS processing are best suited to compete, aligning with the procurement's large-scale supplier requirements. Companies that can deliver high-quality, efficient financial processing solutions will find this contract beneficial for enhancing their market presence and securing a steady revenue stream over the contract's two-year duration.

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Notice Title

BACS Processing

Notice Description

Provision of a BACS Processing function

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7df2d1cd-2983-4f1f-a4ee-36046c1a0f48
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b46dd2ab-114d-4c50-8cda-718a9a793506
Current Stage
Award
All Stages
Award

Procurement Classification

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

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
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20241 years ago
Submission Deadline
4 Sep 2024Expired
Future Notice Date
Not specified
Award Date
16 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2026 1-2 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
SHEFFIELD CITY COUNCIL
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 2HH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

BARNSLEY MBC

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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