---
title: "Third Party Fund Management"
ocid: "ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2024-02-20"
---

# Third Party Fund Management

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Tender  
OCID: ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851

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## Summary

The Foreign Commonwealth and Development Office is seeking a banking agent for Third Party Fund Management in London, United Kingdom (Postal Code: SW1A 2AH). The procurement is currently in the "Open procedure" stage with a tender period ending on 21st March 2024. The contract is set to run from 1st May 2024 to 30th April 2027, providing banking services involving the secure collection, holding, and disbursement of project funds.

This tender presents an opportunity for businesses providing banking services to engage with the Foreign Commonwealth and Development Office. Companies in the financial services industry specializing in banking services would be well-suited to compete for this contract. The specified contract period offers a potential for stable revenue streams and collaboration with FCDO and their partners for project fund management.

## Notice

We require the facility of a banking agent who can receive TPM funds into named project accounts and when required disburse those funds as agreed by FCDO and their partners. The aim of the contract is to provide those banking services to FCDO and their partners and will allow for the secure collection, holding and disbursement of project funds.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/81e3024c-bd88-4bbd-96f6-36ec7e723d44 |
| 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 | 20 Feb 2024 |
| Submission deadline | 21 Mar 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Apr 2024 - 30 Apr 2027 |
| 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 | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 20 Feb 2024 at 18:09 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/81e3024c-bd88-4bbd-96f6-36ec7e723d44

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/81e3024c-bd88-4bbd-96f6-36ec7e723d44
  20th February 2024 - Opportunity 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-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2a7ee64f-f6e4-4184-a5a9-d0a6b0816851.json.