Tender

Provision of a Credit Solution

ROYAL MINT

This public procurement record has 2 releases in its history.

TenderUpdate

09 Oct 2025 at 09:38

Tender

25 Oct 2024 at 17:04

Summary of the contracting process

The procurement process for the "Provision of a Credit Solution" is managed by The Royal Mint, an entity governed by public law in the United Kingdom. This tender falls under the services category, specifically focusing on credit granting services, and is situated in the UKL15 region, Llantrisant, Pontyclun. Currently active, the procurement is in the tender stage using an open procedure, with significant dates including the tender's closing deadline on 25th November 2024 and the anticipated commencement of the award period on 27th November 2024. The contract foresees a duration of 1,800 days, potentially renewable, and will require electronic submission of bids.

This tender presents valuable opportunities for businesses specialising in financial services, particularly those offering robust credit solutions that align with public sector requirements. Companies capable of delivering cost-effective and innovative credit solutions may find this an attractive opportunity for business expansion, especially considering The Royal Mint’s strategic role and public law governance. Businesses should prepare for electronic procurement procedures and ensure compliance with the Public Contract Regulations 2015, enhancing their prospects by demonstrating capability in handling substantial contracts and a readiness for renewal and continuity beyond the initial term.

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Notice Title

Provision of a Credit Solution

Notice Description

This requirement relates to the provision of a Credit Solution to The Royal Mint.

Lot Information

Lot 1

The Royal Mint Limited as wholly owned by Her Majesty's Treasury intends to undertake a procurement exercise compliant with Public Contract Regulations 2015 in order to enter a contractual agreement with a provider of Credit Solution that meets our Scope of Requirement.

Renewal: To be renewed at the end of the contract term

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b1a0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/063590-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66113000 - Credit granting services

Notice Value(s)

Tender Value
Not specified
Lots Value
£800,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20254 months ago
Submission Deadline
25 Nov 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
October 2029

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ROYAL MINT
Contact Name
Kim Lambert
Contact Email
kim.lambert@royalmint.com
Contact Phone
+44 1443222111

Buyer Location

Locality
PONTYCLUN
Postcode
CF72 8YT
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL15 Central Valleys

Local Authority
Rhondda Cynon Taf
Electoral Ward
Llantrisant and Talbot Green
Westminster Constituency
Pontypridd

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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