Award

Banking Services for the Education Authority

EDUCATION AUTHORITY NI

This public procurement record has 1 release in its history.

Award

05 Jan 2023 at 10:23

Summary of the contracting process

The Education Authority Northern Ireland (EANI) has completed the procurement process for Banking Services under tender reference BSF-19-022. The contract was awarded to Bank of Ireland UK PLC. The procurement falls under the services category with the main procurement category as banking services. The procurement method used was a limited procedure without prior publication. The contract has been extended until March 2024 due to unforeseen circumstances, and it is currently in the award stage.

This tender for Banking Services by EANI presents growth opportunities for businesses providing quality and price competitive banking services. Companies in the banking sector, especially those offering services related to financial management and operations, would be well-suited to compete in this procurement process. The Education sector continues to require banking services for smooth financial operations, creating a stable opportunity for banks to engage with a reputable public institution like EANI.

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Notice Title

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 which was exercised. It was agreed in March 2022 that the contract be further extended until 30 September 2023 under Regulation 72(1)(B) of The Public Contacts Regulations 2015. It is now further agreed in January 2023 that the contract be further extended until March 2024 under Regulation 72(1)(C) of the Public Contract Regulations 2015. Namely, the following conditions have been fulfilled: (i)the need for modification has been brought about by circumstances which a diligent contracting authority could not have foreseen. There has been a delay in providing a required service from the Post Office to enable the full banking service required by the EA to operate fully and for the EA to successfully transition to the NI Collaborative Banking contract with Danske Bank as planned. This delay is due to regulatory systems changes which was unforeseen by all parties (EA, Danske or Post Office) and only became known in late 2022. (ii)the modification does not alter the overall nature of the contract. The original services of the contract remain unchanged. (iii)any increase in price does not exceed 50% of the value of the original contract or framework agreement. As the extension period for 6 months has a maximum value of approximately PS215,000 GBP, it does not exceed 50% of the value of the original contract (PS1,485,000 GBP). This modification period will allow all banking services to be transferred to the new contract without any break in services which would be ruinous for the EA in its ability to deliver services to NI Schools.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-039529
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000230-2023
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
£215,000 £100K-£500K

Notice Dates

Publication Date
5 Jan 20233 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Jan 20233 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)

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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