Award

Government Procurement Card for the Insolvency Service

THE INSOLVENCY SERVICE

This public procurement record has 1 release in its history.

Award

14 Oct 2020 at 09:51

Summary of the contracting process

The procurement process involves a tender titled "Government Procurement Card for the Insolvency Service," initiated by The Insolvency Service, located in Blackpool, England. This procurement falls under the banking services category and has a total contract value of £5,600,000, with a minimum value of £2,800,000. The tender was awarded on 25th June 2020 and the contract period spans from 1st August 2020 to 31st July 2022. This selective procurement method was conducted through a call-off from a framework agreement.

This tender presents significant opportunities for businesses in the financial services sector, particularly those specialising in banking solutions and payment services. Companies capable of providing procurement card services would be well-suited to compete, as the awarded contract has been given to a large supplier, Natwest, indicating a focus on quality and reliability. Such contracts can help firms grow by expanding their market reach and establishing long-term partnerships with governmental bodies.

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Notice Title

Government Procurement Card for the Insolvency Service

Notice Description

Government Procurement cards for the Insolvency School

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-db21e4d7-153a-4d5b-ae05-e783808acf83
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/940128ab-4534-4eb4-a5de-cf8a3f398362
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

66110000 - Banking services

Notice Value(s)

Tender Value
£5,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,800,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Oct 20205 years ago
Submission Deadline
24 Jun 2020Expired
Future Notice Date
Not specified
Award Date
24 Jun 20205 years ago
Contract Period
31 Jul 2020 - 31 Jul 2022 1-2 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
THE INSOLVENCY SERVICE
Contact Name
Natalie Wollaston
Contact Email
natalie.wollaston@insolvency.gov.uk
Contact Phone
07931618377

Buyer Location

Locality
BLACKPOOL
Postcode
FY4 2FF
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD42 Blackpool
Delivery Location
Not specified

Local Authority
Blackpool
Electoral Ward
Stanley
Westminster Constituency
Blackpool South

Supplier Information

Number of Suppliers
1
Supplier Name

NATWEST

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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