Award

BSF-19-022 Banking Services for the Education Authority

EDUCATION AUTHORITY NI

This public procurement record has 1 release in its history.

Award

22 Mar 2022 at 21:54

Summary of the contracting process

The Education Authority Northern Ireland (EANI) has successfully awarded a contract for banking services titled "BSF-19-022 Banking Services for the Education Authority." This contract falls under the services category and relates specifically to the provision of banking services. The procurement process was completed under a limited method without prior publication, and the contract has an estimated value of £645,000. The extension of the contract will continue until 30 September 2023, ensuring seamless service delivery during the transition to a new supplier. The initial term of the contract was set to end in March 2021, with subsequent extensions due to interoperability needs with existing systems.

This tender presents significant growth opportunities for financial service providers, especially those specialised in banking and financial management tailored for the public sector. Businesses with experience in supporting educational institutions or with established capacities in providing continuity in banking services would be particularly well-suited to compete. The ongoing relationship with EANI offers a chance for businesses to demonstrate their capability in managing complex banking requirements while ensuring compliance with rigorous public sector standards.

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Notice Title

BSF-19-022 Banking Services for the Education Authority

Notice Description

The award of a contract by Education Authority Northern Ireland (EANI) without prior publication of a call for competition in the Official Journal of the European Union, in respect of the provision of Banking Services for EANI (BSF-19-022) as further described in OJEU Contract Notice.

Lot Information

Lot 1

Supply of Banking Services to the Education Authority NI.

Procurement Information

The Contract set out in OJEU Contract Notice was entered into by EANI as per the published Contract Award Notice. The Contract was initially for a term ending March 2021, with the option to extend for another 12 months. It was however agreed in February 2021 that the contract be extended until March 2022 and then further agreed in March 2022 that it be further extended until 30 September 2023 (Expiry) under Regulation 72(1)(B) of The Public Contacts Regulations 2015. Namely, the following conditions have been fulfilled: For additional works, services or supplies by the original contractor that have become necessary and were not included in the initial procurement, where a change of contractor-- (i) Cannot be made for economic or technical reasons such as requirements of interchangeability or interoperability with existing equipment, services or installations procured under the initial procurement. EA's finance systems are wholly reliant on the banking provider's systems and a change of contractor now for a short period would have serious interoperability issues for the EA. (ii) Would cause significant inconvenience or substantial duplication of costs for the contracting authority. It would cause substantial duplication of costs for the EA to move to another banking provider for a short period of time while the NI Public Sector Collaborative Tender concludes and EA onboards the resultant contract. (iii) Provided that any increase in price does not exceed 50% of the value of the original contract. As the extension is estimated to be up to a maximum of approximately PS645,000 GBP, it does not exceed 50% of the value of the original contract (PS1,485,000 GBP). EANI intended to on-board to the new NI Public Sector Collaborative Banking contract which was due to be awarded prior to March 2022. However delays to concluding this new contract has meant EA has not been able to commence onboarding of this contract as anticipated. During this Collaborative Banking tender process banks advised EA to retain a contractual relationship with its current banking provider to allow a "run down" process and to ensure continuity as all services are "run down" and transferred to the new contract. This modification period will allow all banking services to be transferred to the new contract without any break in service which would be ruinous for the EA in its ability to deliver services to NI Schools. EANI anticipates that full banking services delivery will be transitioned to the new contracted supplier by September 2023, with services extended under the current contract until then. The extension value is a maximum of PS645,000 GBP.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-032512
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007800-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£645,000 £500K-£1M

Notice Dates

Publication Date
22 Mar 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Mar 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
EDUCATION AUTHORITY NI
Contact Name
Not specified
Contact Email
business.procure@eani.org.uk
Contact Phone
Not specified

Buyer Location

Locality
BELFAST
Postcode
BT1 2NQ
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Duncairn
Westminster Constituency
Belfast North

Supplier Information

Number of Suppliers
1
Supplier Name

BANK OF IRELAND

Open Contracting Data Standard (OCDS)

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