Award

Payment Solutions

UNIVERSITY OF HULL

This public procurement record has 1 release in its history.

Award

18 Jul 2024 at 13:01

Summary of the contracting process

The University of Hull completed a procurement process for Payment Solutions services using a limited procurement method without prior publication. The tender involved call-off via the CCS Framework Payment Solutions 2, won by HSBC Bank Plc. The contract, worth £700,000, was signed on 18th July 2024. The procurement process was developed for financial transaction processing and clearing-house services, creating opportunities for businesses interested in this industry sector based in the United Kingdom.

The University of Hull's procurement stage was characterized by an award. The tender allowed for an initial 2-year term with a 1-year optional extension. Businesses providing financial services, particularly in the field of transaction processing and clearing-house services, could have competed in this process. The procurement was geared towards suppliers on the CCS Framework Agreement, with HSBC Bank Plc being the successful applicant, demonstrating an opportunity for large-scale suppliers to secure contracts with public sector bodies like the University of Hull in similar future tender processes.

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Notice Title

Payment Solutions

Notice Description

Call-off via the CCS Framework Payment Solutions 2 providing purchase and corporate card management.

Lot Information

Lot 1

Call-off via the CCS Framework Payment Solutions 2 providing purchase and corporate card management.

Options: Initial 2 year term with 1 year optional extension.

Procurement Information

The procurement was not have prior publication as this was a call-off via the CCS Framework Agreement - Payment Solutions 2 whereby all suppliers on the agreement were invited to participate.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047e80
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022312-2024
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

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£700,000 £500K-£1M

Notice Dates

Publication Date
18 Jul 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Jul 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 HULL
Contact Name
Charlotte White
Contact Email
c.a.white@hull.ac.uk
Contact Phone
+44 1482463343

Buyer Location

Locality
HULL
Postcode
HU6 7RX
Post Town
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
TLE11 Kingston upon Hull, City of

Local Authority
Kingston upon Hull, City of
Electoral Ward
University
Westminster Constituency
Kingston upon Hull North and Cottingham

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC BANK

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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