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Official OCDS
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complete
Official procurement procedure

https://www.financial-ombudsman.org.uk/

Treasury services
London (UKI)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Financial Ombudsman Service: "https://www.financial-ombudsman.org.uk/". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityFinancial Ombudsman ServiceScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Financial Ombudsman Service
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Financial Ombudsman Service. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.3Bids / Report
16.7% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 8 active published awards; 6 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityFinancial Ombudsman Service
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published29 Jun 2023, 08:42 BST
Last source update29 Jun 2023, 08:42 BST
Recurring procurementNot published
ClassificationTreasury services
Delivery area
London (UKI)
OCIDocds-h6vhtk-03b352
What is being bought
24 month contract with the option to extend for up to an additional 24 months for the provision of treasury services for short term deposits
What changed
From the official release history
  1. tender value changed
    29 Jun 2023, 08:42 BST
  2. Status changed to complete
    29 Jun 2023, 08:42 BST
  3. Official notice release published
    29 Jun 2023, 08:42 BST
  4. Submission deadline changed to published date
    29 Jun 2023, 08:42 BST
  5. Published value updated to £470,000
    16 Mar 2023, 11:04 GMT
  6. Status changed to active
    16 Mar 2023, 11:04 GMT
  7. Official notice release published
    16 Mar 2023, 11:04 GMT
  8. Submission deadline changed to 17 Apr 2023, 12:00 BST
    16 Mar 2023, 11:04 GMT
  9. Buyer information updated
    16 Mar 2023, 11:04 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Provision of agency treasury services to advise and coordinate short term deposits of cash balances with nominated financial institutions in line with the Financial Ombudsman's investment policy.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    29 Jun 2023, 08:42 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 28 Jun 2023, 00:00 BST · £452,400
Commercial outcome and competition
Awards
Link Treasury Services Limited
Not published · Not published · active
Contracts
Agency Treasury Services
£452,400 · signed 28 Jun 2023, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
Buyer and organisations in this procedure

Financial Ombudsman Service

Contracting authority GB-FTS-21382
View buyer profile

  • Financial Ombudsman Service
    buyer

    Exchange Tower, Harbour Exchange Square,, London, UKI, E14 9SR
    Peter.Gamble@financial-ombudsman.org.uk
    +44 8000234567

  • Financial Conduct Authority
    reviewBody

    12 Endeavour Square, London, E20 1JN

  • Link Treasury Services Limited
    supplier

    65 Gresham Street, London, UKI31, EC2V 7NQ
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published