Tender

Provision of Corporate Banking Services

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 2 releases in its history.

TenderAmendment

16 Feb 2018 at 14:07

Tender

15 Jan 2018 at 15:02

Summary of the contracting process

The University of Southampton is currently conducting a tender for the "Provision of Corporate Banking Services," aimed at organisations within the financial services industry. This procurement process is in the Tender stage, with a submission deadline set for 21st February 2018. The contract is expected to commence on 1st November 2018 and will run until 31st October 2024. The total value of the contract is £2,760,000. Interested parties should note that all communications and submissions must be made through the InTend electronic tendering tool, which requires suppliers to register for access to the tender documentation.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) with expertise in corporate banking services and payment processing solutions. Businesses that specialise in electronic banking systems, merchant card services, and payment processing technologies would be particularly well-suited to compete. The University is seeking to forge partnerships with capable organisations that can deliver innovative and cost-effective solutions to meet its banking and financial management needs, thereby creating lasting value for both the university and the chosen supplier.

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Notice Title

Provision of Corporate Banking Services

Notice Description

The University of Southampton has a requirement for the provision of Corporate Banking and Merchant Card services. The University requires a banking service which will include the provision and maintenance of bank accounts, income handling (including cash and cheques), a full range of payment processing options (including electronic bank transfer, both domestic and international, BACS and direct debit) and other services associated with higher education banking arrangements, including an electronic banking platform for payment initiation and balance/transaction reporting. The University also requires the provision of Merchant Card services to support a full range of card payment options (to include virtual terminal payments, recurring card payments, web payments, DCC payments) through a variety of payment solutions (including contactless, chip and pin, wireless and mobile). Merchant Card services provision would need to support the University's PCI DSS requirements and offer a suitable management information system for reporting purposes. The University of Southampton is seeking to develop efficient and cost-effective banking arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking to build relationships with organisation/s in which it can be confident to deliver tangible value to the University. Additional information: The University is utilising an electronic tendering tool (InTend: https://intendhost.co.uk/universityofsouthampton)to manage this procurement and to communicate with bidders. All documentation in relation to this tender can be downloaded from the InTend portal. Bidders are advised that there will be no hard copy documents issued to organisations and all communications with the University including the PQQ, ITT and ITN response will be conducted via the In-Tend portal. Regular monitoring of the portal is the responsibility of the bidder. If you are not already registered as a supplier with the University of Southampton, you will need to register in In-Tend in order to access the tender documentation. Once you have logged in as a supplier: click on 'Tenders'; locate the relevant project; and click 'View Details'. Once you are in the project screen, you will be able to register your company against the project and access all documentation by clicking 'Express Interest'. Bidders are advised that formal expressions of interest in the project must be by way of completion and return of the relevant documents via the In-Tend portal. Further instructions for the submission of responses are below: To submit your return: 1. Log in 2. Click 'Tenders' 3. Locate the relevant project 4. View details 5. Click on the tab relating to the relevant project stage (e.g. 'Invitation to Tender') 6. Click on the 'Attach Documents' button and upload your return. 7. Check ALL your response documents are uploaded and displayed in the 'My Tender Return' panel. The system will only permit your organisation to make one return. 8. Click the red 'Submit Return' button. Please note, to preserve the integrity of the tendering procedure, all queries must be made via the correspondence function within the In-Tend portal. In accordance with Regulation 50, paragraph (2) of the Public Contracts Regulations 2015 and subject to Article 5 and Annex 5, Part D (13) of Directive 2014/24/EU of the European Parliament and of the Council (if applicable), the University intends to publish the value of any resulting contract at the award stage, and reserves the right to do so. By submitting a tender response, bidders are consenting to publication of this information unless otherwise agreed in advance with the University. Bidders are solely responsible for their costs and expenses incurred in connection with the preparation and submission of responses and participation in this and all future stages of this procurement. Under no circumstances will the University be liable for any costs or expenses borne by bidders or any of their supply chain, partners or advisers in this procurement process. The University is not liable for any costs in the event of the cancellation of this procurement process. Is a Recurrent Procurement Type? : Yes

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/253c5ed0-a8e4-4d91-a80e-009556759388
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79710000 - Security services

79713000 - Guard services

79715000 - Patrol services

Notice Value(s)

Tender Value
£2,760,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Feb 20188 years ago
Submission Deadline
21 Feb 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Nov 2018 - 31 Oct 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTHAMPTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HAMPSHIRE
Postcode
SO17 1BJ
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
TLJ South East (England)

Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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