---
title: "4329-1-Professional Services-N-Contract CICA Retained Awards"
ocid: "ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MINISTRY OF JUSTICE."
published: "2017-01-24"
---

# 4329-1-Professional Services-N-Contract CICA Retained Awards

Buyer: MINISTRY OF JUSTICE.  
Current stage: Award  
OCID: ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f.json)

## Summary

The Ministry of Justice is seeking to award a contract titled "4329-1-Professional Services-N-Contract CICA Retained Awards," focused on banking and investment services. This procurement process, currently at the Award stage, relates to a commercial banking arrangement for retained awards from the Criminal Injuries Compensation Authority (CICA) to applicants under the age of 18. The tender period for bids concluded on 20th October 2016, with the contract period commencing on 19th November 2016 and running until 18th November 2017. The relevant service location encompasses various regions, including the United Kingdom and British Overseas Territories.

This contract offers significant growth opportunities for businesses involved in banking and investment services, particularly those equipped to manage interest-bearing accounts for young beneficiaries. As the awarded supplier, Barclays Bank Plc has set a precedent that other established banks or financial institutions could leverage by participating in future tenders of a similar nature. The procurement's focus on specialised services targeting vulnerable demographics highlights the market potential for financial institutions and service providers committed to delivering tailored solutions in this sector.

## Notice

Commercial banking arrangement for awards made by the Criminal Injuries Compensation Authority (CICA) to applicants under the age of 18 who have been the victim of a violent crime. These 'retained awards' are held in individual interest bearing accounts until the recipient reaches the age of 18.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bb43ea0e-7c80-435d-a377-b9434a36a36c |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jan 2017 |
| Submission deadline | 20 Oct 2016 |
| Future notice date | Not specified |
| Award date | 19 Oct 2016 |
| Contract period | 19 Nov 2016 - 18 Nov 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MINISTRY OF JUSTICE. |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS2 7AF |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Little London & Woodhouse |
| Westminster constituency | Leeds Central and Headingley |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARCLAYS BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 24 Jan 2017 at 12:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bb43ea0e-7c80-435d-a377-b9434a36a36c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bb43ea0e-7c80-435d-a377-b9434a36a36c
  24th January 2017 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-166d4a05-8c5a-4196-a2f1-1dafe99ed77f.json.