---
title: "NEX21/72 Banking Services"
ocid: "ocds-h6vhtk-033519"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-033519"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-033519.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-033519.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NEXUS"
published: "2022-08-23"
---

# NEX21/72 Banking Services

Buyer: NEXUS  
Current stage: Award  
OCID: ocds-h6vhtk-033519

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-033519)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-033519.json)

## Summary

The Tyne and Wear Passenger Transport Executive, trading as Nexus, is inviting competitive tenders for Banking Services. The contract, titled NEX21/72, falls under the financial and insurance services industry category. The procurement stage is now in the award phase, with the contract having been signed on 9th August 2022. The buying organisation, Nexus, based in Newcastle upon Tyne, United Kingdom, is looking for service providers to deliver banking services under an initial 3-year contract, with a possible extension of up to 2 further years.

This tender for Banking Services by Nexus presents a valuable opportunity for businesses in the financial and insurance services sector. Companies with expertise in providing banking services, particularly investment banking and related services, are well-suited to compete. The procurement process follows an open procedure method, allowing fair competition. Interested businesses should take note of the key tender period dates, including the submission deadline of 20th June 2022 and the bid opening scheduled for the same day. Participation in this tender could lead to long-term partnerships with Nexus, enhancing business growth and market presence.

## Notice

Tyne and Wear Passenger Transport Executive (trading as Nexus) are seeking competitive tenders for the provision of Banking Services. It is anticipated that the contract will be for an initial period of 3 years with an option to extend for up to a further 2 years at Nexus discretion.

### Lot Information

Lot 1

Tyne and Wear Passenger Transport Executive (trading as Nexus) are seeking competitive tenders for the provision of Banking Services. It is anticipated that the contract will be for an initial period of 3 years with an option to extend for up to a further 2 years at Nexus discretion.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/023494-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Aug 2022 |
| Submission deadline | 20 Jun 2022 |
| Future notice date | Not specified |
| Award date | 8 Aug 2022 |
| Contract period | 30 Sep 2022 - 1 Oct 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 | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEXUS |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 4AX |
| 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), TLC2 Northumberland, and Tyne and Wear |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66120000 - Investment banking services and related services

## Release History

- 23 Aug 2022 at 14:02 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/023494-2022
- 6 May 2022 at 15:39 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011900-2022

## Notice URLs

- http://www.nepo.org
- http://www.nexus.org.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-h6vhtk-033519. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-033519.json.