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Commercial Banking Services

BIP Solutions Limited

This public procurement record has 1 release in its history.

Tender

17 Aug 2022 at 14:32

Tender Notice
Summary of the contracting process

The buying organisation BIP SOLUTIONS LIMITED has issued a tender titled "Commercial Banking Services" under the services industry category. The procurement stage is currently active. The tender seeks to acquire banking services, specifying payment accounts, receipt accounts, ancillary bank accounts, and cash banking facilities among others. The deadline for tender submission is September 23, 2022, and the contract period is set to commence on September 26, 2022, until October 14, 2022.

This tender presents an opportunity for businesses providing banking services to engage with BIP SOLUTIONS LIMITED. Small and medium enterprises (SMEs) that offer comprehensive financial solutions and electronic banking facilities may find this tender suitable for expanding their business. The procurement method specified is "Other - Not Specified," allowing flexibility in proposing innovative banking services to meet the British Library's general banking requirements.

How relevant is this notice?

Notice Information

Notice Title

Commercial Banking Services

Notice Description

The scope of the RFI is the British Library General Banking Services. This includes: *Payment accounts - Used for outgoing payments, for example, creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, commission charges and interest payable, etc. *Receipt accounts - Used for incoming transactions, for example, bank giro credits, standing orders, CHAPS, BACS, faster payments and unpaid direct debits and cheques, other amounts paid-in and income from card transactions, etc. *Other ancillary bank accounts - Used for other outgoing payments, for example, wage accounts from which staff salaries are paid by BACS, petty cash accounts and treasury deposit accounts *Foreign currency bank accounts - Used for payments and receipts in Euro and US$. *Cash banking facilities *Electronic banking facilities - Providing the following functions: oComprehensive real time balance and transaction data. oElectronic money transmission such as CHAPS. oReconciliation data on the accounts. *Financial Protection and Remedies *Integration with IT Systems *Account and Relationship Managers *Account Information, Guidance and Assistance *Cash Management and Credit Interest Arrangements *Payment of cheques drawn in foreign currency When submitting information, all organisations should note that this is not currently a tender opportunity but is part of a market consultation exercise aiming to ensure that the procurement route selected and the options ultimately developed for any procurement are properly informed.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c8e3c593-cb94-4f42-9363-95460904c4c6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/613efa74-7d9a-4afb-bbc6-68523c92041a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Not Specified
Tender Suitability
SME
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
17 Aug 20224 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
26 Sep 2022 - 14 Oct 2022 30 days
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
BIP Solutions Limited
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
NW1 2DB
Postcode Area
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
St Pancras & Somers Town
Westminster Constituency
Holborn and St Pancras

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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