Award

Agreement for Transactional Banking Services

LIVERPOOL JOHN MOORES UNIVERSITY

This public procurement record has 2 releases in its history.

Award

09 Apr 2025 at 10:47

Tender

28 Oct 2024 at 11:20

Summary of the contracting process

The procurement process for the "Agreement for Transactional Banking Services" has been successfully completed by Liverpool John Moores University, headquartered in Liverpool, UK. The tender, identified as LJMU 2414, falls under the services category with a CPV classification of 66110000, denoting banking services. Conducted through an open procedure, the final contract was awarded to Lloyds Bank Plc on 8th April 2025, with a total value estimated at £20,000. The procurement process spanned the region of UKD, showcasing the university's commitment to efficient and reliable banking solutions for their day-to-day transactions and future financial management needs.

This awarded contract presents substantial growth opportunities for businesses specializing in banking and financial services, especially those capable of offering comprehensive and technologically advanced banking solutions. It is well-suited for large-scale banking institutions like Lloyds Bank Plc, which can provide diverse services, including currency account management, foreign currency exchanges, online banking facilities, and deposit options. The successful tenderer will contribute to Liverpool John Moores University's objectives of maintaining cost-effective, efficient banking arrangements that adapt to evolving market and technological advancements, making this an attractive venture for established banking service providers aiming to expand their client portfolio.

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Notice Title

Agreement for Transactional Banking Services

Notice Description

This is the award notice

Lot Information

Lot 1

This is the award notice for transactional banking services. Please note the cost is made up of the various fees charged to LJMU for the services - we cannot provide a value for this - therefore have entered a guide figure of PS20,000 Additional information: Award notice

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b1c5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013911-2025
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£9,000,000 £1M-£10M
Lots Value
£9,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£20,000 Under £100K

Notice Dates

Publication Date
9 Apr 202510 months ago
Submission Deadline
27 Nov 2024Expired
Future Notice Date
Not specified
Award Date
7 Apr 202510 months 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
LIVERPOOL JOHN MOORES UNIVERSITY
Contact Name
Not specified
Contact Email
purchaseorderqueries@ljmu.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
LIVERPOOL
Postcode
N/A
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD North West (England), TLD7 Merseyside

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS 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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