Award

National Framework Agreement for Financial Services

COUNTESS OF CHESTER HOSPITAL NHS FOUNDATION TRUST

This public procurement record has 3 releases in its history.

Award

15 Nov 2022 at 19:28

TenderUpdate

15 Aug 2022 at 14:42

Tender

14 Jul 2022 at 15:11

Summary of the contracting process

The Countess of Chester Hospital NHS Foundation Trust is inviting tenders for a National Framework Agreement for Financial Services. This procurement opportunity falls under the services category and includes various lots such as Outsourced Financial Services, VAT Review Service, and Total Spend Analysis. Suppliers may bid for one or more lots. The Framework Agreement aims to allow UK public sector bodies to access a range of financial services. The procurement process has reached the award stage, with key award criteria including quality, cost evaluation, and social value.

This tender presents an opportunity for businesses in the financial and insurance services sector to engage with the public sector. Companies offering services such as outsourced financial services, VAT review, and total spend analysis are well-suited to compete. The procurement method used is an open procedure, providing fair access to all interested suppliers. Businesses looking to diversify their client base into the public sector, particularly in the financial services industry, should consider participating in this tender to potentially secure valuable contracts and grow their business.

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Notice Title

National Framework Agreement for Financial Services

Notice Description

The Countess of Chester Hospital NHS Foundation Trust's Commercial Procurement Service seeks to introduce a Framework Agreement which will allow UK public sector bodies to procure a range of financial services. Proposed framework: Lot 1 - Outsourced Financial Services Lot 2 - Accounts Payable Review Service Lot 3 - VAT Review Service Lot 4 - Total Spend Analysis Lot 5 - Continuing Healthcare Invoice Validation Lot 6 - Private Patients Optimisation Service Lot 7 - Telecommunications Review Service Tenders may be submitted for one or more Lots.

Lot Information

Outsourced Financial Services

Lot 1 concerns the provision of a managed service for outsourced financial services.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Accounts Payable Review Service

Lot 2 concerns the provision of an Accounts Payable Review Service. Suppliers will offer an end to end service to identify and recover savings by interrogating Accounts Payable related transactional information.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

VAT Review Service

Lot 3 concerns the provision of a VAT Review Service, on either an annual, or ongoing monthly or quarterly basis. Suppliers will identify additional VAT recovery and check over paid/under declared VAT, prior to the annual HMRC deadline, to avoid legitimate VAT recovery being lost.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Total Spend Analysis

Lot 4 concerns the provision of a Total Spend Analysis service, providing a comprehensive analysis of non-pay spend and analysis of transactions from financial and other systems.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Continuing Healthcare Invoice Validation

Lot 5 concerns the provision of a Continuing Healthcare Invoice Validation service, identifying and recovering overcharges and overpayments from Continuing Healthcare (CHC) suppliers.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Privtae Patients Optimisation Service

Lot 6 concerns the provision of a Private Patients Optimisation Service, including data validation, consultancy services, clinical coding support and commercial support to create a robust private patient unit.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Telecommunications Review Service

Lot 7 concerns the provision of a Telecommunications Review Service. Suppliers will review spend on telecommunications in detail and provide advice on implementing new strategies in order to reduce spend, increase value for money on existing contracts and support with the delivery of savings.

Options: The term of this framework agreement will be two years (24 months) from the commencement date with an option to extend twice for a further one year (12 months) on each occasion. The maximum duration of this framework agreement will be four years (48 months).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03521f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032443-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

75 - Administration, defence and social security services


CPV Codes

66000000 - Financial and insurance services

71316000 - Telecommunication consultancy services

75122000 - Administrative healthcare services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1

Notice Dates

Publication Date
15 Nov 20223 years ago
Submission Deadline
18 Aug 2022Expired
Future Notice Date
Not specified
Award Date
15 Nov 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
COUNTESS OF CHESTER HOSPITAL NHS FOUNDATION TRUST
Additional Buyers

SEE WWW.NHSSOURCING.CO.UK FOR ELIGIBLE USERS

Contact Name
Not specified
Contact Email
info@coch-cps.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CHESTER
Postcode
CH2 1UL
Post Town
Chester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD63 Cheshire West and Chester
Delivery Location
Not specified

Local Authority
Cheshire West and Chester
Electoral Ward
Upton
Westminster Constituency
Chester North and Neston

Supplier Information

Number of Suppliers
3
Supplier Names

ELFS SHARED SERVICES

LIAISON FINANCIAL SERVICES

PRICEWATERHOUSECOOPERS

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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