Official UK procurement notice
BSF-19-022 Banking Services for the Education Authority
Authority: Education Authority NI (Education)
Sectors: Financial and insurance services (66) Delivery: Northern Ireland (UKN)
Awarded value£2,065,000published contract · exc. VAT
Awarded 26 Aug 2020
Awarded to BANK OF IRELAND UK PLC
What is being bought
Published requirement descriptionNo description was published on the notice. See the official documents.
CPV: Banking services
The lotProcurement structure
single lot · no lot value publishedLot #1Supply of Banking Services to the Education Authority NI
Procedure terms & legal framework
From the official record- Legal basis
- CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 31 Mar 2022, 16:22 BST
- Last source update
- 31 Mar 2022, 16:22 BST
- FTS notice number
2022/S 000-008731- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0328b6Find a Tender
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £2,065,0001 contract exc. VAT
Contracts signed 1latest 26 Aug 2020
| Awarded to | Value | Date | Status |
|---|---|---|---|
| BANK OF IRELAND UK PLC | £2,065,000 † | — | Awarded |
Contracts
Contract 008731-2022-N/A-1 · BANK OF IRELAND UK PLC
- Signed
- 26 Aug 2020
- Value
- £2,065,000
- Status
- active
- Change The contract is modified and to be extended by a further 18 months. The value of the extension period as an additional £645,000 GBP (maximum)., Need for additional works, services or supplies by the original contractor/concessionaire: EANI intended to on-board to the new NI Public Sector Collaborative Banking contract which was due to award prior to March 2022. Delays have meant EA has not been able to commence this contract. This modification period will allow all banking services to be transferred to the new contract without any break in service which would be ruinous for the EA in its ability to deliver service. Regulation 72(1)(B) applies: (i) for economic or technical reasons. EA’s finance systems are reliant on the banking provider’s systems and a change of contractor now would have interoperability issues for the EA. (ii) Would cause significant inconvenience or substantial duplication of costs for the contracting authority. It would cause substantial duplication of costs for the EA to move to another banking provider while the Collaborative Tender concludes. (iii) Provided that any increase in price does not exceed 50% of the value of the original contract. The extension is estimated £645,000 max, it does not exceed 50% of the original contract (£1,485,000).
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The UK does not currently have any such bodies with responsibilities for appeal/mediation proceduresReview body
Bidders & participating suppliers
1 commercial party on the notice- BANK OF IRELAND UK PLCAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.