--- title: "Provision of Corporate Banking Services" ocid: "ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379.json" source: "Contracts Finder" current_stage: "Tender" buyer: "UNIVERSITY OF SOUTHAMPTON" published: "2018-02-16" --- # Provision of Corporate Banking Services Buyer: UNIVERSITY OF SOUTHAMPTON Current stage: Tender OCID: ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379.json) ## Summary The University of Southampton is currently conducting a tender for the "Provision of Corporate Banking Services," aimed at organisations within the financial services industry. This procurement process is in the Tender stage, with a submission deadline set for 21st February 2018. The contract is expected to commence on 1st November 2018 and will run until 31st October 2024. The total value of the contract is £2,760,000. Interested parties should note that all communications and submissions must be made through the InTend electronic tendering tool, which requires suppliers to register for access to the tender documentation. This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) with expertise in corporate banking services and payment processing solutions. Businesses that specialise in electronic banking systems, merchant card services, and payment processing technologies would be particularly well-suited to compete. The University is seeking to forge partnerships with capable organisations that can deliver innovative and cost-effective solutions to meet its banking and financial management needs, thereby creating lasting value for both the university and the chosen supplier. ## Notice The University of Southampton has a requirement for the provision of Corporate Banking and Merchant Card services. The University requires a banking service which will include the provision and maintenance of bank accounts, income handling (including cash and cheques), a full range of payment processing options (including electronic bank transfer, both domestic and international, BACS and direct debit) and other services associated with higher education banking arrangements, including an electronic banking platform for payment initiation and balance/transaction reporting. The University also requires the provision of Merchant Card services to support a full range of card payment options (to include virtual terminal payments, recurring card payments, web payments, DCC payments) through a variety of payment solutions (including contactless, chip and pin, wireless and mobile). Merchant Card services provision would need to support the University's PCI DSS requirements and offer a suitable management information system for reporting purposes. The University of Southampton is seeking to develop efficient and cost-effective banking arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking to build relationships with organisation/s in which it can be confident to deliver tangible value to the University. Additional information: The University is utilising an electronic tendering tool (InTend: https://intendhost.co.uk/universityofsouthampton)to manage this procurement and to communicate with bidders. All documentation in relation to this tender can be downloaded from the InTend portal. Bidders are advised that there will be no hard copy documents issued to organisations and all communications with the University including the PQQ, ITT and ITN response will be conducted via the In-Tend portal. Regular monitoring of the portal is the responsibility of the bidder. If you are not already registered as a supplier with the University of Southampton, you will need to register in In-Tend in order to access the tender documentation. Once you have logged in as a supplier: click on 'Tenders'; locate the relevant project; and click 'View Details'. Once you are in the project screen, you will be able to register your company against the project and access all documentation by clicking 'Express Interest'. Bidders are advised that formal expressions of interest in the project must be by way of completion and return of the relevant documents via the In-Tend portal. Further instructions for the submission of responses are below: To submit your return: 1. Log in 2. Click 'Tenders' 3. Locate the relevant project 4. View details 5. Click on the tab relating to the relevant project stage (e.g. 'Invitation to Tender') 6. Click on the 'Attach Documents' button and upload your return. 7. Check ALL your response documents are uploaded and displayed in the 'My Tender Return' panel. The system will only permit your organisation to make one return. 8. Click the red 'Submit Return' button. Please note, to preserve the integrity of the tendering procedure, all queries must be made via the correspondence function within the In-Tend portal. In accordance with Regulation 50, paragraph (2) of the Public Contracts Regulations 2015 and subject to Article 5 and Annex 5, Part D (13) of Directive 2014/24/EU of the European Parliament and of the Council (if applicable), the University intends to publish the value of any resulting contract at the award stage, and reserves the right to do so. By submitting a tender response, bidders are consenting to publication of this information unless otherwise agreed in advance with the University. Bidders are solely responsible for their costs and expenses incurred in connection with the preparation and submission of responses and participation in this and all future stages of this procurement. Under no circumstances will the University be liable for any costs or expenses borne by bidders or any of their supply chain, partners or advisers in this procurement process. The University is not liable for any costs in the event of the cancellation of this procurement process. Is a Recurrent Procurement Type? : Yes ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/253c5ed0-a8e4-4d91-a80e-009556759388 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Feb 2018 | | Submission deadline | 21 Feb 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Nov 2018 - 31 Oct 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,760,000 | | 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 | UNIVERSITY OF SOUTHAMPTON | | Locality | HAMPSHIRE | | Post town | Southampton | | Postcode | SO17 1BJ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ32 Southampton | | Local authority | Southampton | | Electoral ward | Portswood | | Westminster constituency | Southampton Test | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79710000 - Security services - 79713000 - Guard services - 79715000 - Patrol services ## Release History - 16 Feb 2018 at 14:07 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/253c5ed0-a8e4-4d91-a80e-009556759388 - 15 Jan 2018 at 15:02 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/253c5ed0-a8e4-4d91-a80e-009556759388 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/253c5ed0-a8e4-4d91-a80e-009556759388 16th February 2018 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/universityofsouthampton/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://intendhost.co.uk/universityofsouthampton)to ## 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-e3fc839b-5fac-467b-bd0b-132c92382379. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e3fc839b-5fac-467b-bd0b-132c92382379.json.