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Official procurement procedure

ID 3151653 Banking Services for the NICS and Public Sector Bodies

Banking and investment services
Banking services
Investment banking services and related services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Department of Finance: "ID 3151653 Banking Services for the NICS and Public Sector Bodies". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDepartment of FinanceScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Department of Finance
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Department of Finance. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.2Bids / Report
26.2% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 48 active published awards; 42 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityDepartment of Finance
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSFramework
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published1 Apr 2022, 15:02 BST
Last source update1 Apr 2022, 15:02 BST
Recurring procurementNot published
ClassificationBanking and investment services, Banking services, Investment banking services and related services
OCIDocds-h6vhtk-02e4a8
What is being bought
Construction and Procurement Delivery (CPD) intends to establish a collaborative Framework Agreement (Framework) for the provision of Banking Services within Northern Ireland on behalf of Northern Ireland Civil Service (NICS) Departments, Agencies and Non Departmental Public Bodies and other Participating Bodies (Contracting Clients), see Annex A for a list of these bodies. CPD will set up a 5 year single supplier Framework Agreement, commencing from 1 April 2022, which will allow public sector bodies to establish Contracts with the successful Supplier to provide their banking services. For the purpose of this Framework “Banking Services” will entail the servicing of a range of bank account types, varying payment and receipt methods, local banking facilities and access to an internet banking system. The main details of the banking requirements are described in the Specification.
What changed
From the official release history
  1. tender value changed
    1 Apr 2022, 15:02 BST
  2. Status changed to complete
    1 Apr 2022, 15:02 BST
  3. Official notice release published
    1 Apr 2022, 15:02 BST
  4. Submission deadline changed to published date
    1 Apr 2022, 15:02 BST
  5. Published value updated to £35,000,000
    24 Sept 2021, 16:55 BST
  6. Status changed to active
    24 Sept 2021, 16:55 BST
  7. Official notice release published
    24 Sept 2021, 16:55 BST
  8. Submission deadline changed to 25 Oct 2021, 15:00 BST
    24 Sept 2021, 16:55 BST
  9. Buyer information updated
    24 Sept 2021, 16:55 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Construction and Procurement Delivery (CPD) intends to establish a collaborative Framework Agreement (Framework) for the provision of Banking Services within Northern Ireland on behalf of Northern Ireland Civil Service (NICS) Departments, Agencies and Non Departmental Public Bodies and other Participating Bodies (Contracting Clients), see Annex A for a list of these bodies. CPD will set up a 5 year single supplier Framework Agreement, commencing from 1 April 2022, which will allow public sector bodies to establish Contracts with the successful Supplier to provide their banking services. For the purpose of this Framework “Banking Services” will entail the servicing of a range of bank account types, varying payment and receipt methods, local banking facilities and access to an internet banking system. The main details of the banking requirements are described in the Specification. Additional information: The potential value of the Framework was been devised through engagement with the beneficiaries and best endeavours have been made to include all users who have indicated they anticipate spending through this Framework during its lifetime. Throughout the lifetime of the contract CPD reserves the right to add participating bodies for example were a new body is formed / renaming of an existing body, new legislation requires an existing body to commence collecting fund not know at the inception of the Framework or indeed where duties are transferred between bodies.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    1 Apr 2022, 15:02 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 1 Apr 2022, 00:00 BST · £35,000,000
Commercial outcome and competition
Awards
Northern Bank Financial Services Ltd
Not published · Not published · active
Contracts
Contract
£35,000,000 · signed 1 Apr 2022, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
electronicBids: 3 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 1 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

Department of Finance

Contracting authority GB-FTS-3552
View buyer profile
  • Department of Finance
    buyer
    centralPurchasingBody

    303 Airport Road West, BELFAST, UK, BT3 9ED
  • Northern Bank Financial Services Ltd
    supplier

    Donegall Square West, BELFAST, UK, BT1 6JS
  • The UK does not have any special review body with responsibility for appeal/mediation procedures in public procurement competitions. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued regarding alleged breaches of the PCR 2015.
    reviewBody

    Belfast
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published