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Official procurement procedure

NEX21/72 Banking Services

Financial and insurance services
North East (UKC2)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Nexus: "NEX21/72 Banking Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityNexusScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Nexus
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Nexus. 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
3Bids / Report
33.3% 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: 67 active published awards; 3 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 Unpublished data stays unknown.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 AuthorityNexus
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published23 Aug 2022, 15:02 BST
Last source update23 Aug 2022, 15:02 BST
Recurring procurementNot published
ClassificationFinancial and insurance services
Delivery area
North East (UKC2)
OCIDocds-h6vhtk-033519
What is being bought
Tyne and Wear Passenger Transport Executive (trading as Nexus) are seeking competitive tenders for the provision of Banking Services. It is anticipated that the contract will be for an initial period of 3 years with an option to extend for up to a further 2 years at Nexus discretion.
What changed
From the official release history
  1. Status changed to complete
    23 Aug 2022, 15:02 BST
  2. Official notice release published
    23 Aug 2022, 15:02 BST
  3. Submission deadline changed to published date
    23 Aug 2022, 15:02 BST
  4. Status changed to active
    6 May 2022, 16:39 BST
  5. Official notice release published
    6 May 2022, 16:39 BST
  6. Submission deadline changed to 20 Jun 2022, 12:00 BST
    6 May 2022, 16:39 BST
  7. Buyer information updated
    6 May 2022, 16:39 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Tyne and Wear Passenger Transport Executive (trading as Nexus) are seeking competitive tenders for the provision of Banking Services. It is anticipated that the contract will be for an initial period of 3 years with an option to extend for up to a further 2 years at Nexus discretion.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    23 Aug 2022, 15:02 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 9 Aug 2022, 00:00 BST · Not published
Commercial outcome and competition
Awards
Awarded supplier not published
Not published · Not published · active
Contracts
Contract
Not published · signed 9 Aug 2022, 00:00 BST · active
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Nexus

Contracting authority GB-FTS-8142
View buyer profile

  • Nexus
    buyer

    33 St James' Blvd, Newcastle upon Tyne, UKC22, NE14AX
    tenders@nexus.org.uk
    +44 7879667318

  • Nexus
    reviewBody

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