Planning

Banking Services

UNIVERSITY OF DERBY

This public procurement record has 1 release in its history.

Planning

16 May 2023 at 07:58

Summary of the contracting process

The University of Derby is planning to procure banking services to manage its operations efficiently. The University, with over 28,000 students across three campuses and employing over 2,500 people, seeks services such as current accounts, foreign exchange, payments, overdraft facilities, and more. The procurement is at the planning stage, with a PIN notice indicating the tender's planned advertisement by the end of May 2023, subject to change.

This tender by the University of Derby presents an opportunity for financial and insurance service providers to bid for a contract worth £1.6 million. Businesses offering banking and investment services, financial technologies, and currency exchange services would be well-suited to compete. The planned tender allows prospective suppliers to register in advance to view the tender opportunities and encourages existing suppliers to ensure their access to the tender platform ahead of the advertisement.

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Notice Title

Banking Services

Notice Description

The University of Derby is a thriving institution inspired by a dedication to quality and opportunity. It is an innovator in flexible modular study and e-learning solutions tailoring programmes to students' needs. The University is home to a diverse community of over 28,000 students from the UK and overseas. Subjects offered to students include a wide range of disciplines in Arts, Design and Technology; Business, Computing and Law; and Education, Health and Sciences, all leaders in their field. The University is located on three campuses, one on the western edge of the City of Derby, the others in Buxton and Chesterfield. The three campuses and numerous other satellite learning sites employ over 2,500 people. Please visit www.derby.ac.uk for more information on the University of Derby. The University of Derby under the terms of its Treasury Policy is looking to procure its banking facilities to enable it to continue to grow and manage its operations efficiently and effectively. There are currently 14 bank accounts - all registered at the main University site on Kedleston Road covering all of our group companies. The scale of cash holdings can range from PS5m to PS60m, although our current Treasury Policy is that we will currently hold a maximum of PS15m in any of banking counterparties. Services Required: * Current Account * Foreign Exchange (primarily US$ and Euro), i/c client connection to FX dealing room * UK and world-wide payment receipts including on-line DD etc. * Overdraft Facilities - not currently in use * Working Capital/loan facilities, interest only/revolver loans; capital repayment and interest * Cash Services * Salary and Payments - BACS tel-IP * Deposits - including reserve and money markets (Registered Charity expertise) * Electronic Banking services - balance and transactions reporting-payment execution (BACS/CHAPS/Faster payments/International/export into back office applications. * Use of balances: set -off/sweep to interest bearing/treasury deposits * Cheque Handling and customised cheques * Paying in Books - references * Currency Accounts/Services * Secure pickup arrangements/deposit at branch - cash, cheques, coin (frequency) * Notes and coin requirements - local branch/secure delivery * Streamlined Direct Debit set up for student fees, preferably with the implementation of paperless direct debits (AUDIS) * FOC Cash Point Facilities * Global Presence (which Countries) The above services requirements are subject to change. This is a PIN notice. The Tender is planned to be advertised by the end of May 2023 but this is subject to change. For new prospective suppliers, you can register to view University of Derby's opportunities here: https://ehih.fa.em2.oraclecloud.com/fscmUI/faces/PrcPosRegisterSupplier?prcBuId=300000024761139&_afrLoop=65594676538300541&_afrWindowMode=0&_afrWindowId=null&_adf.ctrl-state=jagd4fo1h_90&_afrFS=16&_afrMT=screen&_afrMFW=1422&_afrMFH=641&_afrMFDW=1280&_afrMFDH=720&_afrMFC=8&_afrMFCI=0&_afrMFM=0&_afrMFR=129&_afrMFG=0&_afrMFS=0&_afrMFO=0 For existing registered suppleirs you can see opportunities here: https://www.derby.ac.uk/services/finance/procurement-suppliers-and-tendering/supplier-info/existing-suppliers/ It is recommended you register in advance of the advertised tender opportunity. For current registered suppliers it is also advisable to check you can still log in prior to the advertised tender opportunity.

Lot Information

Lot 1

The University of Derby is a thriving institution inspired by a dedication to quality and opportunity. It is an innovator in flexible modular study and e-learning solutions tailoring programmes to students' needs. The University is home to a diverse community of over 28,000 students from the UK and overseas. Subjects offered to students include a wide range of disciplines in Arts, Design and Technology; Business, Computing and Law; and Education, Health and Sciences, all leaders in their field. The University is located on three campuses, one on the western edge of the City of Derby, the others in Buxton and Chesterfield. The three campuses and numerous other satellite learning sites employ over 2,500 people. Please visit www.derby.ac.uk for more information on the University of Derby. The University of Derby under the terms of its Treasury Policy is looking to procure its banking facilities to enable it to continue to grow and manage its operations efficiently and effectively. There are currently 14 bank accounts - all registered at the main University site on Kedleston Road covering all of our group companies. The scale of cash holdings can range from PS5m to PS60m, although our current Treasury Policy is that we will currently hold a maximum of PS15m in any of banking counterparties. Services Required: * Current Account * Foreign Exchange (primarily US$ and Euro), i/c client connection to FX dealing room * UK and world-wide payment receipts including on-line DD etc. * Overdraft Facilities - not currently in use * Working Capital/loan facilities, interest only/revolver loans; capital repayment and interest * Cash Services * Salary and Payments - BACS tel-IP * Deposits - including reserve and money markets (Registered Charity expertise) * Electronic Banking services - balance and transactions reporting-payment execution (BACS/CHAPS/Faster payments/International/export into back office applications. * Use of balances: set -off/sweep to interest bearing/treasury deposits * Cheque Handling and customised cheques * Paying in Books - references * Currency Accounts/Services * Secure pickup arrangements/deposit at branch - cash, cheques, coin (frequency) * Notes and coin requirements - local branch/secure delivery * Streamlined Direct Debit set up for student fees, preferably with the implementation of paperless direct debits (AUDIS) * FOC Cash Point Facilities * Global Presence (which Countries) The above services requirements are subject to change. This is a PIN notice. The Tender is planned to be advertised by the end of May 2023 but this is subject to change. For new prospective suppliers, you can register to view University of Derby's opportunities here: https://ehih.fa.em2.oraclecloud.com/fscmUI/faces/PrcPosRegisterSupplier?prcBuId=300000024761139&_afrLoop=65594676538300541&_afrWindowMode=0&_afrWindowId=null&_adf.ctrl-state=jagd4fo1h_90&_afrFS=16&_afrMT=screen&_afrMFW=1422&_afrMFH=641&_afrMFDW=1280&_afrMFDH=720&_afrMFC=8&_afrMFCI=0&_afrMFM=0&_afrMFR=129&_afrMFG=0&_afrMFS=0&_afrMFO=0 For existing registered suppleirs you can see opportunities here: https://www.derby.ac.uk/services/finance/procurement-suppliers-and-tendering/supplier-info/existing-suppliers/ It is recommended you register in advance of the advertised tender opportunity. For current registered suppliers it is also advisable to check you can still log in prior to the advertised tender opportunity.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03c8f8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013852-2023
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£1,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20232 years ago
Submission Deadline
Not specified
Future Notice Date
30 May 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF DERBY
Contact Name
Graham Caborn
Contact Email
g.caborn@derby.ac.uk
Contact Phone
+44 1332591094

Buyer Location

Locality
DERBY
Postcode
DE1 3LB
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)

Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby North

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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