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 00:00

OJEU - F3 - Contract Award Notice
Tender

27 Sep 2023 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The University of Glasgow has awarded a contract for the provision of a framework agreement for banking services. The procurement process, initiated as a tender, was completed with Lloyds Banking Group winning the contract. The University of Glasgow, based in Glasgow, UK, conducted this procurement in the services industry category. The contract was awarded on 10th June 2024. The procurement method used was an open procedure, and the main procurement category was services.

This tender for banking services by the University of Glasgow presents an opportunity for companies specialising in financial services to compete and potentially grow their business. Businesses providing core banking and banking operations are well-suited to participate in this procurement process. The tender aims to establish a long-term partnership for banking services, offering opportunities for organisations with the capability to meet the educational sector's banking requirements efficiently and effectively. The University seeks a banking partner to add value through dedicated corporate support and sector-specific expertise.

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Notice Information

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

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000745894
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL509595
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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
10 Jun 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF GLASGOW
Contact Name
Rhona Wilson, Stephen Otiende
Contact Email
rhona.wilson@glasgow.ac.uk, stephen.otiende@glasgow.ac.uk
Contact Phone
+44 1413304012, +44 1413306908

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

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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