Award

Banking and Merchant Services

THE UNIVERSITY OF CENTRAL LANCASHIRE

This public procurement record has 2 releases in its history.

Award

12 Aug 2022 at 10:58

Tender

26 Nov 2021 at 22:45

Summary of the contracting process

The University of Central Lancashire has completed the procurement process for Banking and Merchant Services under an open procedure. Lloyds Banking Group is the active supplier under this contract. The contract, with a value of £3,077,001.9 GBP, was signed on 18th July 2022. The University is based in Preston, United Kingdom, and the procurement falls under the services category in the industry. This opportunity has already been awarded, with the procurement stage now in the award phase.

This tender for Banking, Merchant, and Procurement Card Services, initiated by The University of Central Lancashire, is currently active. The tender involves a contract period of up to ten years, including renewal options based on performance. The procurement method is an open procedure, with the submission deadline set for 13th January 2022. The University invites electronic and written submissions, and the tender is eligible under the Government Procurement Agreement (GPA). Businesses in the banking and financial services sector and related industries may find this tender beneficial for business growth opportunities.

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Notice Title

Banking and Merchant Services

Notice Description

THIS IS AN AWARD NOTICE, NOT AN OPPORTUNITY. The University has procured Banking and Merchant Services.

Lot Information

Lot 1

THIS IS AN AWARD NOTICE, NOT AN OPPORTUNITY. The University has procured Banking and Merchant Services.

Options: Subject to satisfactory performance, the contract duration is five years with options for up to five additional years. The additional years will be offered, subject to mutual agreement and satisfactorily meetings KPI's , on the basis of two periods of two years, followed by one final year, giving a maximum of 10 years

Renewal: Subject to satisfactory performance, the contract duration is five years with options for up to five additional years. The additional years will be offered, subject to mutual agreement and satisfactorily meetings KPI's , on the basis of two periods of two years, followed by one final year, giving a maximum of 10 years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02fab6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022273-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£3,077,001 £1M-£10M

Notice Dates

Publication Date
12 Aug 20223 years ago
Submission Deadline
13 Jan 2022Expired
Future Notice Date
Not specified
Award Date
17 Jul 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF CENTRAL LANCASHIRE
Contact Name
Not specified
Contact Email
lhorton2@uclan.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
PRESTON
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLD45 Mid Lancashire

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

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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