Award

PR8466 - MEH - Provision of Financial Services (ELFS Shared Service)

PARTNERS PROCUREMENT SERVICE

This public procurement record has 1 release in its history.

Award

14 Sep 2022 at 15:02

Summary of the contracting process

The Partners Procurement Service has awarded a contract for the Provision of Financial Services to ELFS Shared Services. The contract is valued at GBP 1,772,775 and was awarded through a selective procurement method. The contract period runs from September 22, 2022, to September 21, 2025. The procurement stage is in the award phase, and the deadline for tender submission was on June 1, 2022. The location of the contract is in London, with the postal code EC1V 2PD. The industry category for this contract is financial and insurance services.

This tender for financial services presents an opportunity for businesses operating in the financial and insurance services sector. Companies that can provide Accounts Payable, Accounts Receivable services, and Business Systems Support would be well-suited to compete. The contract value of GBP 1,772,775 indicates a significant business opportunity for service providers in the financial sector, especially those with capabilities in transactional and core financial services. Businesses looking to expand their portfolio in financial offerings should consider participating in this selective procurement process.

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Notice Title

PR8466 - MEH - Provision of Financial Services (ELFS Shared Service)

Notice Description

Provision of Financial Services Transactional Services * Accounts Payable * Accounts Receivable Core services * Business systems and Support (incl Hosting)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b958c120-15cb-491f-8f3b-2854dd64a009
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94665ec4-cd86-4fbd-b3a5-5dd85c64d6cf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£1,772,775 £1M-£10M
Lots Value
Not specified
Awards Value
£1,772,775 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 20223 years ago
Submission Deadline
1 Jun 2022Expired
Future Notice Date
Not specified
Award Date
31 May 20223 years ago
Contract Period
21 Sep 2022 - 21 Sep 2025 3-4 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
PARTNERS PROCUREMENT SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
N19 5NF
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Junction
Westminster Constituency
Islington North

Supplier Information

Number of Suppliers
1
Supplier Name

ELFS SHARED SERVICES

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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