--- title: "LJMU 2414 Agreement for Banking Services" ocid: "ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LIVERPOOL JOHN MOORES UNIVERSITY" published: "2024-10-28" --- # LJMU 2414 Agreement for Banking Services Buyer: LIVERPOOL JOHN MOORES UNIVERSITY Current stage: Tender OCID: ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60.json) ## Summary Liverpool John Moores University (LJMU) is seeking tenders for its "LJMU 2414 Agreement for Banking Services," classified under CPV code 66110000 for banking services. The procurement is handled through an open procedure above the threshold. The services need to encompass a broad range of day-to-day banking needs, including UK and foreign currency accounts, online banking, deposit and borrowing solutions, and compatibility with third-party software such as Oracle and Unit 4 Business World. The contract is set to begin on 1st February 2025 and will run until 31st January 2029. The tender submission deadline is 27th November 2024, 12:00 PM, and interested parties must access documents via In-tend. The procurement is not recurrent. This tender represents a substantial opportunity for banking service providers looking to expand their business into the educational sector, with a contract value of £9,000,000. Businesses equipped with robust technological solutions for banking services and capabilities to offer cost-effective and efficient banking arrangements will be well-suited for this opportunity. However, it is noted that this procurement is not tailored for SMEs or VCSEs. Providers who specialise in integrating banking systems with third-party solutions and are adept in handling various currency accounts and online facilities have the potential to thrive through this tender process. ## Notice Tenderers for banking services need to be able to offer a diverse range of day-to-day banking services. This includes (but is not limited to) the provision of UK domiciled currency accounts, the provision of foreign currency accounts as required, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates. The banking system provided by the tenderer may need to be able to import or extract information and interface with third party solutions and providers such as Oracle, WPM, Unit 4 Business World and Flywire The University wants to ensure that its banking arrangements are both efficient and cost-effective and are capable of meeting future changes in the marketplace and technological advances. It is looking for relationships with an organisation in which it can be confident, and which will meet and often exceed user expectations. In line with this we require the ability to utilise self-service wherever possible and to be able to access reports and KPI information Additional information: Tenderers must access the documents via In-tend and not make direct contact with the buyer via email or tel. We will not respond to any queries sent direct to the Buyer Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/89d40b5f-ab27-46ed-8dac-14c8cf93ac4d | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 28 Oct 2024 | | Submission deadline | 27 Nov 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Feb 2025 - 31 Jan 2029 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £9,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LIVERPOOL JOHN MOORES UNIVERSITY | | Locality | MERSEYSIDE | | Post town | Liverpool | | Postcode | L3 2AJ | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD7 Merseyside | | ITL 3 | TLD72 Liverpool | | Local authority | Liverpool | | Electoral ward | City Centre North | | Westminster constituency | Liverpool Riverside | | Delivery location | TLD North West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services ## Release History - 28 Oct 2024 at 11:30 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/89d40b5f-ab27-46ed-8dac-14c8cf93ac4d - 28 Oct 2024 at 11:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/89d40b5f-ab27-46ed-8dac-14c8cf93ac4d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/89d40b5f-ab27-46ed-8dac-14c8cf93ac4d 28th October 2024 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/ljmu/aspx/ Additional information on how to apply for this contract ## Notice URLs - http://www.ljmu.ac.uk ## 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-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1cbe19f8-8ef8-46d0-b289-a6967cec6a60.json.