Planning

Banking Services

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Planning

14 May 2025 at 16:50

UK1 - Pipeline Notice
Summary of the contracting process

The procurement process for "Banking Services" is being conducted by Post Office Limited, a central government public authority based at 100 Wood Street, London, United Kingdom. This process is currently at the planning stage, with a pipeline notice published on 14 May 2025. The procurement will involve a selective method using a pre-Procurement Act commercial tool. The process focuses on the banking services sector, including corporate banking, postal order processing, and associated services, with delivery throughout the UK. The planned contract period is from 15 March 2026 to 14 March 2030, with the possibility of renewal extending up to 13 March 2032.

This tender presents significant business growth opportunities for companies in the financial and corporate banking services sectors, especially those specialising in postal order management and related services. Businesses with experience and capabilities that align with these requirements and the ability to operate throughout the UK would find this tender particularly suited to their expertise. Given the substantial contract value of up to £5.76 million, it presents an attractive opportunity for enterprises looking to expand their portfolio within public sector contracts.

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Notice Information

Notice Title

Banking Services

Notice Description

Banking services, corporate banking, postal order processing and postal order management and production and associated services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0513b9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021493-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Using pre-Procurement Act commercial tool
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£4,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Mar 2026 - 14 Mar 2030 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
procurement@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

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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