--- title: "UK-Salford: Banking Services" ocid: "ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3.json" source: "Contracts Finder" current_stage: "Award" buyer: "H M REVENUE & CUSTOMS" published: "2017-06-09" --- # UK-Salford: Banking Services Buyer: H M REVENUE & CUSTOMS Current stage: Award OCID: ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3.json) ## Summary The procurement process involves H M Revenue & Customs seeking to award a contract for Banking Services in Salford, England, specifically focusing on Money Transmission Services. The contract, valued at £5,000,000, is part of a pan-government framework agreement aimed at modernising payment solutions for the public sector. The procurement method employed is a selective process under a restricted procedure, with the contract period commencing on 24th March 2015 and concluding on 24th March 2022. This process is currently at the award stage, with relevant documents published on 9th June 2017. This tender presents significant opportunities for businesses engaged in financial transaction processing, treasury services, and foreign exchange services. Companies that are technologically adept and can adapt their banking solutions to comply with the 'digital by default' agenda set by the government would be particularly well-suited to compete. As this framework agreement is designed for use by various UK public sector bodies, it could encourage growth for suppliers looking to expand their governmental contracts portfolio. ## Notice Government Banking Service - Money Transmission Services. The Government Banking Service was established in April 2008 and is the banking shared service provider to government and the wider public sector. It is part of HM Revenue & Customs and incorporates the Office of HM Paymaster General which has provided banking services to the public sector since 1836.The Government Banking Service's core purposes are to 1) Hold the working balances of HM Government at the Bank of England, 2) To facilitate modern cost effective direct to bank money transmission services for its customers; and 3) To ensure timely and accurate reporting to HM Treasury to help improve Government Cash Management and reduce Government borrowing costs.The services will evolve rapidly over the proposed life of the framework agreement and the Government Banking Service partners will be required to provide flexible, sustainable solutions which help government achieve its 'digital by default' agenda. The partners will be required to ensure government is well positioned to take advantage of the changing payment technology landscape. The contracts awarded provide a pan government framework agreement for use by the UK public sector bodies detailed in the Contract Notice. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ae724ced-8660-4a0c-ab83-298d091f6b7a | | Notice type | Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Jun 2017 | | Submission deadline | 17 Nov 2014 | | Future notice date | Not specified | | Award date | 12 Mar 2015 | | Contract period | 24 Mar 2015 - 24 Mar 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £5,000,000 | | Lots value | Not specified | | Awards value | £5,000,000 | | 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 | H M REVENUE & CUSTOMS | | Locality | SALFORD | | Post town | Manchester | | Postcode | M60 9LA | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD34 Greater Manchester South West | | Local authority | Salford | | Electoral ward | Ordsall | | Westminster constituency | Salford | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | THE ROYAL BANK OF SCOTLAND | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services - 66172000 - Financial transaction processing and clearing-house services - 66180000 - Foreign exchange services - 66600000 - Treasury services ## Release History - 9 Jun 2017 at 13:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ae724ced-8660-4a0c-ab83-298d091f6b7a ## Documents - https://www.contractsfinder.service.gov.uk/Notice/ae724ced-8660-4a0c-ab83-298d091f6b7a 9th June 2017 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/c41ae632-26cc-4d01-87de-321656fb8d11 Contract Award Notice - https://www.contractsfinder.service.gov.uk/Notice/Attachment/f7d7a596-ae74-49c9-a888-b9c5e72a8478 GBS BSA Front Page - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2936ca4c-0fe8-49ce-aa2d-773661bd9975 GBS BSA Sch 1 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/f14991be-7eac-4c21-a7db-2a015429fce2 GBS BSA Sch 2 0215 - RBS REDACTED - https://www.contractsfinder.service.gov.uk/Notice/Attachment/d906be6c-0841-4d51-9462-674dec3d2051 GBS BSA Sch 3 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/5f380861-4812-4bf5-b237-9784182d2c90 GBS BSA Sch 4 0614 - RBS REDACTED - https://www.contractsfinder.service.gov.uk/Notice/Attachment/d70c3ffc-90dd-4aa7-8efe-4737c3b06cf1 GBS BSA Sch 5 0215 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/6393c486-588a-4094-8ce3-af0977a50dcd GBS BSA Sch 6 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/c4b70879-b1e7-4cca-964e-51d3a047467e GBS BSA Sch 7 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/ff26166f-6d83-411f-937a-2a3406fd12cf GBS BSA Sch 8 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/069a6d03-d92d-40be-b280-23b1096db691 GBS BSA Sch 9 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/0473ff4e-5939-4a5a-ab64-75a62ec8f23d GBS BSA Sch 10 0614 - RBS - https://www.contractsfinder.service.gov.uk/Notice/Attachment/60398874-7694-4871-946b-1e2cd1bc52e3 GBS BSA Terms and Conditions 1114 - RBS - http://www.ted.europa.eu/udl?uri=TED:NOTICE:153487-2015:TEXT:EN:HTML Contract Award Notice ## Notice URLs - https://www.gov.uk/government/organisations/hm-revenue-customs ## 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-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-17ddc8fb-9843-4836-b37e-e54202d925f3.json.