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plannedFind a Tender · planning

Financial Services & Payments Framework

Buyer: Newark and Sherwood District Council →

BuyerNewark and Sherwood District Council
Statusplanned
DeadlineNot published
Value£75,000,000
Published9 Mar 2023

What is being bought

The Contracting Authorities, along with approximately 20 other councils of varying sizes, are looking to review their Financial Management & Payment Systems. Specifically, the following areas are of interest: Income Management Systems Banking Services Merchant Services Call Masking & IVR systems for compliant Moto payments Open Banking Payments Income Management Systems may include the provision of Merchant Services, Call Masking & IVR and Open Banking Payments. Draft Specifications and Procurement documents are being made available at this early stage in order that suppliers can provide feedback prior to the ITT being published. For example, if a supplier has additional benefits, features and even USP's that would be relevant to the Contracting and Participating Authorities, then these can be proposed using the forms provided at the information portal. This is particularly important since all Authorities looking to call-off services from the Framework will be able to apply weightings to every individual specification / feature.

Delivery location

UK · UK · UK · UK · UK

Categories

Postal and telecommunications services 64000000Financial and insurance services 66000000Financial and insurance services 66000000

Lot details

Income Management Systems

This procurement is seeking a modern, function-rich and cost-efficient Income Management System. Detailed requirements are provided in the draft specification document.

Statusplanned

Banking Services

This procurement seeks a modern, feature-rich and cost efficient banking solution. Detailed requirements are provided in the draft specification document.

Statusplanned

Merchant Services

This procurement seeks a modern, feature-rich and cost efficient Merchant Services solution. Detailed requirements are provided in the draft specification document.

Statusplanned

Call-masking & IVR

This procurement seeks a modern, feature-rich and cost efficient call masking and IVR solution to enable compliant acceptance of MOTO card payments. Detailed requirements are provided in the draft specification document.

Statusplanned

Open Banking Payments

This procurement seeks a modern, feature-rich and cost efficient open banking payments solution. Detailed requirements are provided in the draft specification document.

Statusplanned

What is included

ItemCategoryQuantity
1Financial and insurance servicesNot published
2Financial and insurance servicesNot published
3Financial and insurance servicesNot published
4Postal and telecommunications services, Financial and insurance servicesNot published
5Financial and insurance servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 64. The category anchor is Postal and telecommunications services (64000000); 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 641,3383 median · 18.9 average (416 of 1,338 with a bid count)2.3 average (500 of 1,338 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UK4543 median · 37.4 average (137 of 454 with a bid count)3.8 average (172 of 454 with named award suppliers)Not published
Similar published value (0.5×–2×)452 median · 2 average (2 of 45 with a bid count)1 average (2 of 45 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 byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

No documents are published in the current source record.

Source data inventory

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

OCIDocds-h6vhtk-03b0ec
Latest release ID006899-2023
Latest release timestampThu Mar 09 2023 13:17:57 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanned
Procurement methodNot published
Procurement method detailsNot published
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
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£75,000,000
Tender lots in source5
Tender items in source5
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release5

Notice history

DateEventReference
9 Mar 2023planning006899-2023

All source data

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

Complete current OCDS release JSON
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  "id": "006899-2023",
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  "date": "2023-03-09T13:17:57Z",
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      },
      {
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        "title": "Call-masking & IVR",
        "status": "planned",
        "description": "This procurement seeks a modern, feature-rich and cost efficient call masking and IVR solution to enable compliant acceptance of MOTO card payments.\nDetailed requirements are provided in the draft specification document."
      },
      {
        "id": "5",
        "title": "Open Banking Payments",
        "status": "planned",
        "description": "This procurement seeks a modern, feature-rich and cost efficient open banking payments solution.\nDetailed requirements are provided in the draft specification document."
      }
    ],
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    "title": "Financial Services & Payments Framework",
    "value": {
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    "communication": {
      "futureNoticeDate": "2024-04-10T00:00:00+01:00"
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    "participationFees": [
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        "id": "1",
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  "parties": [
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      "id": "GB-FTS-77159",
      "name": "Newark and Sherwood District Council",
      "roles": [
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      "address": {
        "region": "UK",
        "locality": "Newark",
        "countryName": "United Kingdom"
      },
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        "name": "Richard Hallewell",
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    {
      "id": "GB-FTS-77160",
      "name": "Gedling Borough Council",
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      "address": {
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        "locality": "Gedling",
        "countryName": "United Kingdom"
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      "name": "Rushcliffe Borough Council",
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        "locality": "Rushcliffe",
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      "name": "Broxtowe Borough Council",
      "roles": [
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      "address": {
        "region": "UK",
        "locality": "Broxtowe",
        "postalCode": "W1W 5PF",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.broxtowe.gov.uk"
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      "identifier": {
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    {
      "id": "GB-FTS-77163",
      "name": "Adur and Worthing Councils",
      "roles": [
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      "address": {
        "region": "UK",
        "locality": "Adur",
        "postalCode": "W1W 5PF",
        "countryName": "United Kingdom"
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      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
9 Mar 2023 · 006899-2023 · planning
{
  "id": "006899-2023",
  "tag": [
    "planning"
  ],
  "date": "2023-03-09T13:17:57Z",
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        "description": "This procurement seeks a modern, feature-rich and cost efficient banking solution.\nDetailed requirements are provided in the draft specification document."
      },
      {
        "id": "3",
        "title": "Merchant Services",
        "status": "planned",
        "description": "This procurement seeks a modern, feature-rich and cost efficient Merchant Services solution.\nDetailed requirements are provided in the draft specification document."
      },
      {
        "id": "4",
        "title": "Call-masking & IVR",
        "status": "planned",
        "description": "This procurement seeks a modern, feature-rich and cost efficient call masking and IVR solution to enable compliant acceptance of MOTO card payments.\nDetailed requirements are provided in the draft specification document."
      },
      {
        "id": "5",
        "title": "Open Banking Payments",
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            "id": "66000000",
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            "description": "Financial and insurance services"
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}