Award

Group Bas - Torus62nking Service

TORUS GROUP

This public procurement record has 1 release in its history.

Award

08 Mar 2024 at 13:50

Award Notice
Summary of the contracting process

The Torus Group has awarded a contract worth £300,000 to National Westminster Bank PLC for "Group Banking Service" under the General Banking Services / Cash Management classification. The procurement process was initiated as a tender and reached the award stage on March 2, 2024. The contract period is set to start on April 1, 2024, and end on March 23, 2030. The procurement method used was "Other" in the services category.

This tender presents an opportunity for financial service providers specialising in banking services to engage with the Torus Group. The contract location is specified in the North West region of the UK. Businesses interested in providing banking services and cash management solutions can explore collaboration possibilities with the Torus Group, the buying organisation. The contract value is denominated in GBP, with the deadline for the tender period set on March 2, 2024.

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Notice Information

Notice Title

Group Bas - Torus62nking Service

Notice Description

General Banking Services / Cash Management

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d29b1397-bce4-4144-8eb6-110388f65c41
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79cd9442-fe95-4113-b5de-a626aade9a55
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Mar 20241 years ago
Submission Deadline
2 Mar 2024Expired
Future Notice Date
Not specified
Award Date
2 Mar 20241 years ago
Contract Period
31 Mar 2024 - 23 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TORUS GROUP
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ST HELENS
Postcode
WA9 1LD
Post Town
Warrington
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)
Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER BANK

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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