Award

PURCH2285 Provision Of Framework Agreement For Banking Services

UNIVERSITY OF GLASGOW

This public procurement record has 2 releases in its history.

Award

10 Jul 2024 at 15:49

Tender

27 Sep 2023 at 15:32

Summary of the contracting process

The University of Glasgow has completed the procurement process for a framework agreement for banking services. The tender, PURCH2285, was focused on services in the banking industry category. The award has been given to Lloyds Banking Group. The contract, worth 193,700 GBP, was signed on 10th June 2024. The procurement method was an open procedure, with a focus on quality criteria alongside pricing, including core banking operations, payment operations, electronic banking services, and service delivery.

This opportunity with the University of Glasgow presents a chance for businesses in the banking services industry to engage in long-term partnership and provide value-added services. Companies experienced in core banking operations, payment processing, and electronic banking services could find this tender suitable for growth. The framework agreement offers stability and the potential for extension, providing a platform for business development and showcasing expertise in delivering high-quality banking services to meet the University's diverse needs over time.

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Notice Title

PURCH2285 Provision Of Framework Agreement For Banking Services

Notice Description

PURCH2285 Provision Of Framework Agreement For Banking Services

Lot Information

Lot 1

PURCH2285 Provision Of Framework Agreement For Banking Services

Renewal: Option To Extend For Two Periods Of 12 Months Each

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04044a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021152-2024
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

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
£193,700 £100K-£500K

Notice Dates

Publication Date
10 Jul 20241 years ago
Submission Deadline
30 Oct 2023Expired
Future Notice Date
Not specified
Award Date
9 Jun 20241 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
UNIVERSITY OF GLASGOW
Contact Name
Stephen Otiende
Contact Email
stephen.otiende@glasgow.ac.uk
Contact Phone
+44 1413304012

Buyer Location

Locality
GLASGOW
Postcode
G12 8QQ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Hillhead
Westminster Constituency
Glasgow North

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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