Award

1RZY - Service-Other/General Professional

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

08 Jan 2020 at 12:06

Award Notice
Summary of the contracting process

Newcastle University is seeking financial consultancy and transaction processing services, as indicated by the tender titled "1RZY - Service-Other/General Professional." This procurement falls under the financial services industry category and is located in Newcastle upon Tyne, North East England. This process, initiated as a direct procurement method through a single tender action, has recently concluded, with the tender period ending on 10 December 2019. The awarded contract has a value of £37,046.70 and commenced on 11 December 2019, extending until 31 July 2020.

This tender presents a significant opportunity for small to medium-sized enterprises (SMEs) that specialise in financial consultancy and transaction processing. Companies experienced in clearing-house services and those well-versed in UK public sector regulations would be particularly well-placed to compete. As this tender has been awarded to Yoyo Wallet Ltd, businesses within this domain can benefit from insights into similar opportunities and stay alert for future contracts to foster their growth within the public procurement landscape.

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Notice Information

Notice Title

1RZY - Service-Other/General Professional

Notice Description

Payment of transaction fees

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f1c10ec8-a858-4d44-94f4-4df80a118d08
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0f664ee-8a3a-4a90-a656-889f21fcdfd9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£37,046 Under £100K
Lots Value
Not specified
Awards Value
£37,046 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jan 20206 years ago
Submission Deadline
10 Dec 2019Expired
Future Notice Date
Not specified
Award Date
10 Dec 20196 years ago
Contract Period
11 Dec 2019 - 31 Jul 2020 6-12 months
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
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UPON-TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

YOYO WALLET

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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