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plannedFind a Tender · planning

Banking Services

Buyer: Post Office Limited →

BuyerPost Office Limited
Statusplanned
DeadlineNot published
Value£4,800,000
Published14 May 2025

What is being bought

Banking services, corporate banking, postal order processing and postal order management and production and associated services

Delivery location

UK, GB

Categories

Banking services 66110000

Lot details

Lot 1

No lot description published.

Statusplanned
Contract periodFrom 15 Mar 2026 to 14 Mar 2030

What is included

ItemCategoryQuantity
1Banking servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Banking services (66110000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,7583 median · 17.2 average (1,185 of 2,758 with a bid count)2.5 average (1,317 of 2,758 with named award suppliers)Not published
Same buyer3Not publishedNot publishedNot published
Delivery region: UK8935 median · 28.1 average (350 of 893 with a bid count)3.3 average (389 of 893 with named award suppliers)Not published
Similar published value (0.5×–2×)17511.5 median · 11.5 average (2 of 175 with a bid count)6 average (2 of 175 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetValue not published
No-engagement rationaleNot published
Planning documents1
Planning milestones0

No planning milestones published.

Related procurements

RelationshipRelated procurement
frameworkGeneral Banking Services 531 24

Documents & submission route

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0513b9
Latest release ID021493-2025
Latest release timestampWed May 14 2025 16:50:54 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanned
Procurement methodselective
Procurement method detailsUsing pre-Procurement Act commercial tool
Main procurement categoryservices
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender value£4,800,000
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
14 May 2025planning021493-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "021493-2025",
  "tag": [
    "planning"
  ],
  "date": "2025-05-14T17:50:54+01:00",
  "ocid": "ocds-h6vhtk-0513b9",
  "buyer": {
    "id": "GB-COH-02154540",
    "name": "Post Office Limited"
  },
  "tender": {
    "id": "ocds-h6vhtk-0513b9",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "hasRenewal": true,
        "contractPeriod": {
          "endDate": "2030-03-14T23:59:59Z",
          "startDate": "2026-03-15T00:00:00Z",
          "maxExtentDate": "2032-03-13T23:59:59Z"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66110000",
            "scheme": "CPV",
            "description": "Banking services"
          }
        ]
      }
    ],
    "title": "Banking Services",
    "value": {
      "amount": 4800000,
      "currency": "GBP",
      "amountGross": 5760000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "Banking services, corporate banking, postal order processing and postal order management and production and associated services",
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Using pre-Procurement Act commercial tool"
  },
  "parties": [
    {
      "id": "GB-COH-02154540",
      "name": "Post Office Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "country": "GB",
        "locality": "London",
        "postalCode": "EC2V 7ER",
        "countryName": "United Kingdom",
        "streetAddress": "100 Wood Street"
      },
      "details": {
        "url": "https://corporate.postoffice.co.uk/",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "02154540",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "Procurement@postoffice.co.uk"
      },
      "additionalIdentifiers": [
        {
          "id": "PRNP-5883-YMLG",
          "scheme": "GB-PPON"
        }
      ]
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "021493-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/021493-2025",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2025-05-14T17:50:54+01:00"
      }
    ]
  },
  "initiationType": "tender",
  "relatedProcesses": [
    {
      "id": "framework",
      "title": "General Banking Services 531 24",
      "relationship": [
        "framework"
      ]
    }
  ]
}
Complete JSON history (1 releases)
14 May 2025 · 021493-2025 · planning
{
  "id": "021493-2025",
  "tag": [
    "planning"
  ],
  "date": "2025-05-14T17:50:54+01:00",
  "ocid": "ocds-h6vhtk-0513b9",
  "buyer": {
    "id": "GB-COH-02154540",
    "name": "Post Office Limited"
  },
  "tender": {
    "id": "ocds-h6vhtk-0513b9",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "hasRenewal": true,
        "contractPeriod": {
          "endDate": "2030-03-14T23:59:59Z",
          "startDate": "2026-03-15T00:00:00Z",
          "maxExtentDate": "2032-03-13T23:59:59Z"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66110000",
            "scheme": "CPV",
            "description": "Banking services"
          }
        ]
      }
    ],
    "title": "Banking Services",
    "value": {
      "amount": 4800000,
      "currency": "GBP",
      "amountGross": 5760000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "Banking services, corporate banking, postal order processing and postal order management and production and associated services",
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Using pre-Procurement Act commercial tool"
  },
  "parties": [
    {
      "id": "GB-COH-02154540",
      "name": "Post Office Limited",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "country": "GB",
        "locality": "London",
        "postalCode": "EC2V 7ER",
        "countryName": "United Kingdom",
        "streetAddress": "100 Wood Street"
      },
      "details": {
        "url": "https://corporate.postoffice.co.uk/",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "02154540",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "Procurement@postoffice.co.uk"
      },
      "additionalIdentifiers": [
        {
          "id": "PRNP-5883-YMLG",
          "scheme": "GB-PPON"
        }
      ]
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "021493-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/021493-2025",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2025-05-14T17:50:54+01:00"
      }
    ]
  },
  "initiationType": "tender",
  "relatedProcesses": [
    {
      "id": "framework",
      "title": "General Banking Services 531 24",
      "relationship": [
        "framework"
      ]
    }
  ]
}