Award

Transactional Banking Services

UNIVERSITY OF GLOUCESTERSHIRE

This public procurement record has 1 release in its history.

Award

27 Jun 2019 at 13:54

Award Notice
Summary of the contracting process

The University of Gloucestershire has completed a procurement process for Transactional Banking Services, classified under banking services (CPV code 66110000). The award of the contract, valued at £27,260, was made to HSBC UK Bank plc. This process was conducted through a competitive procedure among a closed list of suppliers. The contract period runs from 1st January 2020 to 31st December 2025, with the procurement officially awarded on 26th June 2019. The relevant services are required to be delivered in Cheltenham, South West England.

This tender presents significant opportunities for financial service providers seeking to expand their operations within the educational sector. Firms specialising in banking and financial services, especially those with experience in institutional banking, may find this contract appealing. Given that the award has already been made, future tenders related to similar services at the University of Gloucestershire or other educational institutions may arise, offering further opportunities for businesses in this field to grow and establish partnerships.

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Notice Information

Notice Title

Transactional Banking Services

Notice Description

Transactional banking service for the University of Gloucestershire.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d9bc5460-2655-46b8-9e51-189886a53e6d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/32387e77-4932-4295-96ef-0efe19b220ed
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 - Competitive procedure amongest a closed list of suppliers.
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
£27,260 Under £100K
Lots Value
Not specified
Awards Value
£27,260 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jun 20196 years ago
Submission Deadline
29 Mar 2019Expired
Future Notice Date
Not specified
Award Date
25 Jun 20196 years ago
Contract Period
1 Jan 2020 - 31 Dec 2025 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
UNIVERSITY OF GLOUCESTERSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CHELTENHAM
Postcode
GL50 2RH
Post Town
Gloucester
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
TLK South West (England)
Local Authority
Cheltenham
Electoral Ward
Park
Westminster Constituency
Cheltenham

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC UK BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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