Tender

DFID 8275 Third Party Money Fund Management- Contract Notice

DEPARTMENT FOR INTERNATIONAL DEVELOPMENT

This public procurement record has 1 release in its history.

Tender

09 Apr 2018 at 14:34

Tender Notice
Summary of the contracting process

The Department for International Development (DFID) is seeking suppliers for the "DFID 8275 Third Party Money Fund Management" contract, aimed at providing secure banking and fund distribution services. This procurement is categorised under foreign economic-aid-related services and is currently in the Tender stage. The estimated budget for the contract is £90,000 over three years, with a fund disbursement value of approximately £200,000,000. The deadline for submissions is 14 May 2018, and the contract will commence on 14 October 2018, lasting until 13 October 2021.

This tender presents significant opportunities for businesses in the financial and economic aid sectors, particularly those that are Small and Medium Enterprises (SMEs) or voluntary, community, and social enterprises (VCSEs). Companies with expertise in managing large financial transactions and providing banking services to international development organisations will be well-suited to compete. Engaging in this contract can enhance a business's portfolio and foster connections with key players in the development sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

DFID 8275 Third Party Money Fund Management- Contract Notice

Notice Description

DFID seek to engage a Supplier who will provide secure banking and fund distribution services to DFID and its partners . The Supplier will be required to recieve Third Party Money (TPM) funds into named project accounts and when required disburse those funds. Please note the estimated value is PS90,000 over 3 years with an estimated fund disbursement value of PS200,000,000 from various donors which will require to be managed by the supplier. Additional information: All relevant information relating to this Contract Notice can be found on the DFID Supplier Portal where suppliers can register their interest directly. If you are not already registered as a supplier on the DFID Supplier Portal please follow the guidance which can be found on the top left of the home page: https://supplierportal.dfid.gov.uk/selfservice/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a0c23bf9-33e3-4303-ad79-f004a2c6e823
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a47dc979-dce3-402f-be8c-79e51a77bac0
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

75 - Administration, defence and social security services

CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Apr 20187 years ago
Submission Deadline
14 May 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
13 Oct 2018 - 13 Oct 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL DEVELOPMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EAST KILBRIDE
Postcode
G75 8EA
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
Not specified
Local Authority
South Lanarkshire
Electoral Ward
East Kilbride West
Westminster Constituency
East Kilbride and Strathaven

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-a0c23bf9-33e3-4303-ad79-f004a2c6e823-2018-04-09T15:34:12+01:00",
    "date": "2018-04-09T15:34:12+01:00",
    "ocid": "ocds-b5fd17-a0c23bf9-33e3-4303-ad79-f004a2c6e823",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "DFID 8275 Contract Notice",
        "title": "DFID 8275 Third Party Money Fund Management- Contract Notice",
        "description": "DFID seek to engage a Supplier who will provide secure banking and fund distribution services to DFID and its partners . The Supplier will be required to recieve Third Party Money (TPM) funds into named project accounts and when required disburse those funds. Please note the estimated value is PS90,000 over 3 years with an estimated fund disbursement value of PS200,000,000 from various donors which will require to be managed by the supplier. Additional information: All relevant information relating to this Contract Notice can be found on the DFID Supplier Portal where suppliers can register their interest directly. If you are not already registered as a supplier on the DFID Supplier Portal please follow the guidance which can be found on the top left of the home page: https://supplierportal.dfid.gov.uk/selfservice/",
        "datePublished": "2018-04-09T15:34:12+01:00",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "75211200",
            "description": "Foreign economic-aid-related services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 90000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2018-05-14T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2018-10-14T00:00:00+01:00",
            "endDate": "2021-10-13T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/a47dc979-dce3-402f-be8c-79e51a77bac0",
                "datePublished": "2018-04-09T15:34:12+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "DFID 8275 Contract Notice",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/5e733f35-5171-4433-bd45-e0a102f19029",
                "format": "application/pdf"
            },
            {
                "id": "3",
                "documentType": "tenderNotice",
                "description": "DFID 8275 Contract Notice visible on the Supplier Portal",
                "url": "https://supplierportal.dfid.gov.uk/selfservice/pages/public/viewPublicNotice.cmd?bm90aWNlSWQ9NzE4NjA%3D"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-124",
            "name": "DEPARTMENT FOR INTERNATIONAL DEVELOPMENT",
            "identifier": {
                "legalName": "DEPARTMENT FOR INTERNATIONAL DEVELOPMENT"
            },
            "address": {
                "streetAddress": "Department for International Development (DFID), Abercrombie House, Eaglesham Road",
                "locality": "East Kilbride",
                "postalCode": "G75 8EA",
                "countryName": "Scotland"
            },
            "contactPoint": {
                "name": "Jan Gillon",
                "email": "j-gillon@dfid.gov.uk",
                "telephone": "+44 01355 843292"
            },
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-international-development/about/procurement"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-124",
        "name": "DEPARTMENT FOR INTERNATIONAL DEVELOPMENT"
    }
}