Find a TenderAwarded
Published 28 Feb 2023, 19:05 GMT

Official UK procurement notice

Banking Services · UK public procurement notice

Official notice

Authority: University of Leeds (Education)

ServicesOpen procedure
Published estimate£500,000exc. VAT49% below published estimate
Submissions closed 4 Apr 2023awarded 19 Jul 2023
Awarded to Lloyds Bank Plc

What is being bought

Published requirement description

THIS IS A CONTRACT AWARD NOTICE - THIS TENDER IS NOW CLOSED. The delivery of a comprehensive banking service to the University, including maintenance of accounts, BACS/CHAPS/FP Payments, cash processing and other activities associated with University banking business.

CPV: Banking and investment services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£500,000
Delivery: Yorkshire & Humber · Leeds
Extensions: 5 years in total in periods of 3 years and 2 years. For the avoidance of doubt, the total possible contract term including extensions is 10 years.Variant 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: 65%Price: 10%Social value: 25%
Published sub-criteria (7)
  • Core Service Requirements: 15%
  • Internet Banking: 15%
  • Implementation: 8%
  • Client Management: 12%
  • Innovation: 15%
  • Total Cost: 10%
  • Environmental, Social & Governance: 25%
Published award criteria (7)
  • Core Service Requirements: 15
  • Internet Banking: 15
  • Implementation: 8
  • Client Management: 12
  • Innovation: 15
  • Environmental, Social & Governance: 25
  • Total Cost: 10
Conditions of participation1
  • Suitability

    Please see tender documents.

What this means for your bid
  • Price carries 10 of 100 points: a 10% discount moves about 1 point. 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 · publisher note attached
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
No (one-off requirement)
First published
28 Feb 2023, 19:05 GMT
Last source update
1 Aug 2023, 12:05 BST
Award evaluation window
4 Apr 2023 – …
Authority reference
PE2022-23/952
FTS notice number
2023/S 000-022307
Classification (CPV)
Banking and investment services
Delivery area
Yorkshire & Humber (UKE42)
Official registry OCID
ocds-h6vhtk-03ad10 Find a Tender

Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=799378829" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=799378829</a> GO Reference: GO-202381-PRO-23541357

How it was run

Official notice
Submission deadline
4 Apr 2023, 14:00 BST
Submission channel
{"written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
4 Apr 2023, 14:00 BST

Timeline

4 Apr 2023 → 1 Aug 2023 · 3 dates
  1. Submission deadline
    4 Apr 2023, 14:00 BST
  2. Bids opened
    4 Apr 2023, 14:00 BST
  3. Notice published
    1 Aug 2023, 12:05 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    1 Aug 2023, 12:05 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £255,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 19 Jul 2023
Awarded toValueDateStatus
Lloyds Bank Plc£255,000 †—Awarded

Contracts

  • Contract 022307-2023-1 · Lloyds Bank Plc

    Signed
    19 Jul 2023
    Value
    £255,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic0——

Contracting authority & participating public bodies

University of Leeds

Contracting authorityEducationBody governed by public lawEducation Purchasing Office, 1 - 3 Lifton Villas, Lifton Place, Leeds, Yorkshire & Humber, LS2 9JZContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice
  • Lloyds Bank plcAwarded supplier00002065 25 Gresham Street, London, London, EC2V 7HNContact email, phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

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