This public procurement record has 1 release in its history.

Award

28 Oct 2020 at 17:45

Summary of the contracting process

The procurement process titled "Banking and Finance Framework" has been led by the buyer, ethecal impact, and is focused on the provision of financial and insurance services. This contract spans various regions across the United Kingdom, including Scotland, London, and several other areas. The procurement method used was an open procedure, and the tender period concluded on 25 September 2020, while the contract period commenced on 13 October 2020 and will last until 12 October 2024. The total value of the framework is £100 million, which is designated for public sector organisations and third sector entities.

This framework presents a significant opportunity for businesses specialising in banking and financial services to engage with public and third sector organisations. Small and medium enterprises (SMEs) are particularly encouraged to participate, given the suitability indicated for smaller businesses. Companies that offer innovative financial solutions, consultancy services, or technology-based financial services are well-suited to compete within this framework, potentially enabling them to expand their market reach and client base across the public sector landscape.

How relevant is this notice?

Notice Title

Banking and Finance Framework

Notice Description

This Framework seeks to create a procurement pathway for banking and other financial services.Framework services can be accessed by all public sector and third sector organisations as listed and linked from:https://www.gov.uk/government/organisationshttps://www.charitychoice.co.uk/charitieshttps://en.wikipedia.org/wiki/List_of_NHS_trustshttps://www.thetpa.uk/access

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bb59466b-88d0-45ac-999b-0e76be1045b1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94cd2aca-d93e-47c8-a8a4-cd3705144cf9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
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
£100,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£80,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20205 years ago
Submission Deadline
25 Sep 2020Expired
Future Notice Date
Not specified
Award Date
13 Oct 20205 years ago
Contract Period
13 Oct 2020 - 12 Oct 2024 4-5 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
ethecal impact
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIDPORT
Postcode
DT6 4QF
Postcode Area
Dorchester
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK64 Dorset
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland

Local Authority
Dorset
Electoral Ward
Chesil Bank
Westminster Constituency
West Dorset

Supplier Information

Number of Suppliers
9
Supplier Names

Lloyds Banking Group

New Social Economy Ltd

Adyen UK Ltd

allpay Limited

AIB Merchant Services

GCI Network Solutions Limited

Bud

Invictus Ventures Ltd

Equifax Limited

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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