Tender

BANKING SERVICES

UNIVERSITY OF DERBY

This public procurement record has 6 releases in its history.

TenderAmendment

23 May 2017 at 14:17

TenderAmendment

23 May 2017 at 14:17

TenderAmendment

23 May 2017 at 12:26

TenderAmendment

23 May 2017 at 12:26

TenderAmendment

23 May 2017 at 12:26

Tender

23 May 2017 at 09:31

Summary of the contracting process

The University of Derby is seeking to procure banking services as part of its Treasury Policy to enhance its operational efficiency. This tender, titled "BANKING SERVICES," falls under the services category and is located in Derby, United Kingdom. The procurement is currently at the Tender stage, with submissions due by 16th June 2017. The selected clearing bank will enter into a contract that is expected to commence on 1st October 2017, initially for three years with the possibility of extending for an additional two years, contingent upon performance. Short-listed suppliers will present their proposals on 4th July 2017, with allocated time slots provided closer to the date.

This tender presents an excellent opportunity for banks and financial service providers looking to expand their clientele within the public sector. Companies with expertise in banking services, particularly those experienced in managing clearing accounts and treasury functions for educational institutions, would be particularly well-suited to compete. Engaging in this tender could enable successful bidders to establish a long-term relationship with the University of Derby, thereby contributing to their growth and market presence within the educational sector.

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Notice Title

BANKING SERVICES

Notice Description

The University of Derby under the terms of its Treasury Policy is looking to procure its banking facilities to enable it to continue to grow and manage its operations efficiently and effectively. Tenderers are asked to submit their best offer in line with the specification detailed in this Tender. The University of Derby wishes to appoint a clearing Bank to provide services for a period of 3 years initially with an option to extend in annual increments for a further 2 years, subject to satisfactory performance. The requirements are outlined in the Tender Specification. The three short-listed Suppliers are required to undertake a formal presentation on Tuesday, 4th July 2017 to our Tender panel. You will be allocated a slot between 9.30 a.m. and 2.00 p.m. Short-listed Suppliers will be advised of their slot time and presentation agenda nearer the date. The Contract commencement date to be agreed between both parties but envisage this would commence by 1st October 2017 Additional information: Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a04c7d01-6417-4b9f-b5ea-5361c4f64f97
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9a78467d-63da-4c18-8e73-749b93c8d51b
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
Tender Suitability
Not specified
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20178 years ago
Submission Deadline
16 Jun 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Sep 2017 - 3 Sep 2020 3-4 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
UNIVERSITY OF DERBY
Contact Name
JANE BRAILSFORD
Contact Email
j.brailsford@derby.ac.uk
Contact Phone
01332 592401

Buyer Location

Locality
DERBY
Postcode
DE22 1GB
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)

Local Authority
Derby
Electoral Ward
Allestree
Westminster Constituency
Mid Derbyshire

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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