Find a TenderAwarded
Published 26 Nov 2021, 22:45 GMT

Official UK procurement notice

Banking and Merchant Services

Official notice

Authority: University of Central Lancashire (Education)

ServicesOpen procedure
Awarded value£3,077,002published contract · exc. VAT
Submissions closed 13 Jan 2022awarded 18 Jul 2022
Awarded to Lloyds Banking Group

What is being bought

Published requirement description

THIS IS AN AWARD NOTICE, NOT AN OPPORTUNITY. The University has procured Banking and Merchant Services.

CPV: Banking and investment services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: UK, North West
Extensions: Subject to satisfactory performance, the contract duration is five years with options for up to five additional years. The additional years will be offered, subject to mutual agreement and satisfactorily meetings KPI’s , on the basis of two periods of two years, followed by one final year, giving a maximum of 10 years · Subject to satisfactory performance, the contract duration is five years with options for up to five additional years. The additional years will be offered, subject to mutual agreement and satisfactorily meetings KPI’s , on the basis of two periods of two years, followed by one final year, giving a maximum of 10 yearsVariant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Technical: 60%
  • Commercial: 40%
Published award criteria (2)
  • Technical: 60
  • Commercial: 40
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes
First published
26 Nov 2021, 22:45 GMT
Last source update
12 Aug 2022, 11:58 BST
Award evaluation window
13 Jan 2022 – …
Authority reference
prj-2037/PST21-045
FTS notice number
2022/S 000-022273
Classification (CPV)
Banking and investment services
Delivery area
UKNorth West (UKD45)
Official registry OCID
ocds-h6vhtk-02fab6 Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
13 Jan 2022, 10:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Participation fee
document
Bid validity
180 days from the deadline
Bids opened
13 Jan 2022, 10:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

13 Jan 2022 → 12 Aug 2022 · 3 dates
  1. Submission deadline
    13 Jan 2022, 10:00 GMT
  2. Bids opened
    13 Jan 2022, 10:00 GMT
  3. Notice published
    12 Aug 2022, 11:58 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    12 Aug 2022, 11:58 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £3,077,0021 contract exc. VAT
Bids received 6
Contracts signed 1latest 18 Jul 2022
Awarded toValueDateStatus
Lloyds Banking Group£3,077,002 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
6bids · 6 electronic———

Contracting authority & participating public bodies

The University of Central Lancashire

Contracting authorityEducationBody governed by public lawEducation Preston, UKContact email Published organisation website ↗

Dispute resolution & review bodies

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria