This public procurement record has 1 release in its history.

Award

14 Dec 2020 at 17:45

Summary of the contracting process

The procurement process, titled "Banking and Finance Framework," is managed by The Technology Procurement Association Ltd (TPA) and involves financial services in the United Kingdom. This open procedure tender was initiated on 13th October 2020 and is set to conclude on 1st January 2020. The contract period spans from 13th October 2020 to 12th October 2024, with a total value of £100 million. The services can be accessed by public and third sector organisations across various regions, including London, Scotland, and Wales.

This tender presents significant opportunities for businesses, particularly those operating in the financial services sector, such as banking, insurance, and payment solutions. Small and medium-sized enterprises (SMEs) may find this tender particularly suitable, as the open procurement method allows for competitive submissions. Firms that can provide innovative financial solutions or additional services to public sector clients will be well-positioned to benefit from this framework.

How relevant is this notice?

Notice Title

Banking and Finance Framework

Notice Description

This Framework seeks to create a procurement pathway for banking and other financial services.Framework services can be accessed by all public sector and third sector organisations as listed and linked from:https://www.gov.uk/government/organisationshttps://www.charitychoice.co.uk/charitieshttps://en.wikipedia.org/wiki/List_of_NHS_trustshttps://www.thetpa.uk/access

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fc5a5c5a-095a-4bc6-a3d7-13bd1741fe61
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/24b2ddfc-3896-4650-9311-9bc291349b7d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£100,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£80,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Dec 20205 years ago
Submission Deadline
1 Jan 2020Expired
Future Notice Date
Not specified
Award Date
13 Oct 20205 years ago
Contract Period
13 Oct 2020 - 12 Oct 2024 4-5 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 Technology Procurement Association Ltd (TPA)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BURTON BRADSTOCK
Postcode
DT6 4QF
Postcode Area
Dorchester
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK64 Dorset
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland

Local Authority
Dorset
Electoral Ward
Chesil Bank
Westminster Constituency
West Dorset

Supplier Information

Number of Suppliers
9
Supplier Names

Lloyds Banking Group

New Social Economy Ltd

Adyen UK Ltd

allpay Limited

AIB Merchant Services

GCI Network Solutions Limited

Bud

Invictus Ventures Ltd

Equifax Limited

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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