Official UK procurement notice
ID5158 Stansted and East Midlands Airports - Foreign Exchange Concession
Authority: MAG AIRPORT LIMITED (Public body)
What is being bought
Published requirement descriptionForeign Exchange and other financial services at Stansted and East Midlands Airports
CPV: Banking services · Foreign exchange services
The lotProcurement structure
single lot · value publishedLot #1Providing Foreign Exchange and Banking Services to passengers flying from and into…Published value£275,000,000
Providing Foreign Exchange and Banking Services to passengers flying from and into Stansted and East Midlands Airports. Additional information: Interested parties must register on the MAGSource tendering platform at the following address esourcing.waxdigital.co.uk/MAG/Signin.aspx ↗. Bidders MUST confirm registration by emailing [email protected]. You will then be provided with access to the Procurement documents relating to the project
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Suitability
Licence holders with the following Regulatory Authorities, Financial Conduct Authority and HMRC Money Service Business
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/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
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 26 Sept 2022, 09:59 BST
- Last source update
- 26 Sept 2022, 09:59 BST
- Authority reference
ID5158- FTS notice number
2022/S 000-026810- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-036b49Find a Tender
- Electronic trading
- electronic ordering · electronic payment
- Review procedure
MAG Airport Ltd will incorporate a standstill period at the point information on the award
of the contract is communicated to tenderers. That notification will provide full information
on the award decision. The standstill period which will be a minimum of ten calendar days,
provides time for unsuccessful tenderers to challenge the award decision before the
contracts are entered into. The Concession Contracts Regulations 2016 provide for
aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to
take action in the High Court (England, Wales and Northern Ireland)
Publisher note: (MT Ref:227430)
How it was run
Official notice- Submission deadline
- 11 Oct 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
Timeline
26 Sept 2022 → 1 Apr 2023 · 3 dates- Notice published26 Sept 2022, 09:59 BST
- Submission deadline11 Oct 2022, 12:00 BST
- Contract starts1 Apr 2023, 00:00 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Public Procurement Review ServiceReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.