---
title: "NU/1247 The Provision of Banking Services"
ocid: "ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2017-04-10"
---

# NU/1247 The Provision of Banking Services

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f

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## Summary

The procurement process for "NU/1247 The Provision of Banking Services" was conducted by Newcastle University, located in Newcastle upon Tyne, England. This tender fell under the industry category of banking and investment services and had a total contract value of £225,000. The procurement method was classified as 'Other' and has reached the award stage, with the contract awarded on 28 March 2017. The contract period is set to commence on 1 May 2017 and will run until 30 April 2020. The tender period ended on 17 February 2017.

This tender presents a significant opportunity for large banking institutions and financial service providers to expand their portfolio within the academic sector. Businesses capable of offering innovative and adaptable banking solutions tailored to meet the evolving needs of educational establishments would be well-positioned to compete for similar contracts. Firms with an established reputation for providing comprehensive banking services that can respond to future market changes and user expectations will find this procurement particularly relevant.

## Notice

The University is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with a Supplier which it can be confident will fulfil all the University's current and future banking requirements.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bcdaaeae-582c-469a-8a0a-1003c8e2c9d6 |
| 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 | 10 Apr 2017 |
| Submission deadline | 17 Feb 2017 |
| Future notice date | Not specified |
| Award date | 27 Mar 2017 |
| Contract period | 30 Apr 2017 - 30 Apr 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £220,000 |
| Lots value | Not specified |
| Awards value | £225,000 |
| 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 | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 7RU |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## 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

- 10 Apr 2017 at 13:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bcdaaeae-582c-469a-8a0a-1003c8e2c9d6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bcdaaeae-582c-469a-8a0a-1003c8e2c9d6
  10th April 2017 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.ncl.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-ac25bbd1-e658-4e45-9ef2-153f3eb1503f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ac25bbd1-e658-4e45-9ef2-153f3eb1503f.json.