Banking Services · UK public procurement notice

Official notice

Authority: UNIVERSITY OF DERBY (Education)

ServicesOpen procedure

Sectors: Financial and insurance services (66) Delivery: East Midlands (UKF)

Published estimate£1,200,000≈ £240k / year

Submissions closed 26 Jul 2023

Contract term 5 yrsends 31 Dec 2028 · extension options published · starts 1 Jan 2024

What is being bought

Published requirement description

Introduction To Tender

The University of Derby under the terms of its Treasury Policy is looking to procure its banking facilities to enable it to continue to grow and manage its operations efficiently and effectively.

Tenderers are asked to submit their best offer in line with the specification detailed in this Tender.

The University of Derby wishes to appoint a clearing Bank to provide services for a period of 5 years initially with an option to extend for a further 2 X 2 years, subject to satisfactory performance. T

CPV: Banking services

The lotProcurement structure

single lot · no lot value published

Lot #1Renewal 5 yrs

Contract period: 1 Jan 2024 – 31 Dec 2028 (5 yrs)

Delivery: East Midlands

Extensions: Option to extend 5 year contract a further 2 x for 2 years each time · Option to extend 2 x 2 YearsVariant bids: not allowed

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: Closed
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: 23 Jun 2023, 15:27 BST
Last source update: 23 Jun 2023, 15:27 BST
Award evaluation window: 26 Jul 2023 – …
Authority reference: PROC GC ITT/887
FTS notice number: 2023/S 000-017987
Classification (CPV): Banking services
Delivery area: East Midlands (UKF)
Official registry OCID: ocds-h6vhtk-03dc22 Find a Tender

How it was run

Official notice

Run through: portal not identified

Language: EN

Submission deadline: 26 Jul 2023, 12:00 BST
Submission channel: {"electronicSubmission"}
Accepted languages: en
Bids opened: 26 Jul 2023, 13:00 BST

Detailed submission instructions & authority contactsFrom official release

www.derby.ac.uk/services/finance/pro… ↗

Timeline

23 Jun 2023 → 1 Jan 2024 · 4 dates

Notice published
23 Jun 2023, 15:27 BST
Submission deadline
26 Jul 2023, 12:00 BST
Bids opened
26 Jul 2023, 13:00 BST
Contract starts
1 Jan 2024

Contracting authority & participating public bodies

UNIVERSITY OF DERBY

Contracting authorityEducationBody governed by public lawEducation GB-COH: 3079282 Kedleston Road, DERBY, East Midlands, DE22 1GBContact name, email, phone Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.