Official UK procurement notice
Provision of a Group Wide Banking Solution
Authority: The Swaythling Housing Society Limited (trading as Abri)
What is being bought
Published requirement descriptionStarting on the 23rd of September at 12:00Noon Abri will launch a tender to locate a supplier to cover the following requirements:
Post combination with Silva, there are 12 main entities within the Abri group. Using around 159 bank accounts which it currently operates. Most are wholly owned, however some are Joint Ventures. 139 accounts are sinking funds which are used for major estate or building repairs. These accounts are funded by leaseholders and from accounts within the group which collect rent.
Abri use Open Accounts accounting system and EBIS, Open Housing and Selfserve for invoice approvals, which then feeds into Open accounts in order to create payment runs for invoices due and approved.
Payment and collection types including transaction volumes are included in Appendix A. The group is not directly exposed to exchange rate movements in any currency
The Group has separate receivable and payables accounts. There are same entity sweeps daily to zero balance the receivable accounts and payable accounts with funds sweeping to the main accounts for Abri and Swaythling, however there is no cash pooling or sweeping between entity accounts currently
Currently Abri use the bank online portal’s to obtain bank statements for most of the accounts with some being sent via email where an entity is not a party to the online banking platform.
- How the procedure runs: Post combination with Silva, there are 12 main entities within the Abri group. Using around 159 bank accounts which it currently operates. Most are wholly owned, however some are Joint Ventures. 139 accounts are sinking funds which are used for major estate or building repairs. These accounts are funded by leaseholders and from accounts within the group which collect rent. Abri use Open Accounts accounting system and EBIS, Open Housing and Selfserve for invoice approvals, which then feeds into Open accounts in order to create payment runs for invoices due and approved. Payment and collection types including transaction volumes are included in Appendix A. The group is not directly exposed to exchange rate movements in any currency The Group has separate receivable and payables accounts. There are same entity sweeps daily to zero balance the receivable accounts and payable accounts with funds sweeping to the main accounts for Abri and Swaythling, however there is no cash pooling or sweeping between entity accounts currently Currently Abri use the bank online portal’s to obtain bank statements for most of the accounts with some being sent via email where an entity is not a party to the online banking platform.
CPV: Banking services · Financial consultancy, financial transaction processing and clearing-house services
The lotProcurement structure
single lot · value publishedLot #1AwardedPublished value£600,000
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).
- Simple description: The Award Criteria can be found within the CFP with the following titles: Receivables Criteria Payments Criteria Cash Management Criteria Ancillary Criteria
Procedure terms & legal framework
From the official record- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- 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
- 22 Sept 2025, 16:24 BST
- Last source update
- 12 Jan 2026, 13:43 GMT
- Award evaluation window
- Submission end – 28 Nov 2025
- FTS notice number
2025/S 000-058648- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-059f7dFind a Tender- Contract terms summary
30days Post Valid Invoice
- How it runs
Post combination with Silva, there are 12 main entities within the Abri group. Using around 159 bank accounts which it currently operates. Most are wholly owned, however some are Joint Ventures. 139 accounts are sinking funds which are used for major estate or building repairs. These accounts are funded by leaseholders and from accounts within the group which collect rent.
Abri use Open Accounts accounting system and EBIS, Open Housing and Selfserve for invoice approvals, which then feeds into Open accounts in order to create payment runs for invoices due and approved.
Payment and collection types including transaction volumes are included in Appendix A. The group is not directly exposed to exchange rate movements in any currency
The Group has separate receivable and payables accounts. There are same entity sweeps daily to zero balance the receivable accounts and payable accounts with funds sweeping to the main accounts for Abri and Swaythling, however there is no cash pooling or sweeping between entity accounts currently
Currently Abri use the bank online portal’s to obtain bank statements for most of the accounts with some being sent via email where an entity is not a party to the online banking platform.
How it was run
Official notice- Submission deadline
- 23 Oct 2025, 12:00 BST
- Clarification deadline
- 3 Oct 2025, 12:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
All responses to be submitted digitally via In-Tend at in-tendhost.co.uk/abri/aspx/Home ↗
Timeline
22 Sept 2025 → 1 Mar 2026 · 8 dates- Tender notice published394 days ago22 Sept 2025, 16:24 BST
- Clarification questions by383 days ago3 Oct 2025, 12:00 BST
- Submission deadline363 days ago23 Oct 2025, 12:00 BST
- Award decision expected by326 days ago28 Nov 2025, 23:59 GMT
- Assessment summaries sent282 days ago12 Jan 2026
- Latest notice published282 days ago12 Jan 2026, 13:43 GMT
- Standstill ends272 days ago21 Jan 2026, 23:59 GMT
- Contract starts234 days ago1 Mar 2026
Notice history
4 events · 2 releases on Find a Tender · since 22 Sept 2025- Tender notice published22 Sept 2025, 16:24 BSTUK4
- Contract award notice published12 Jan 2026, 13:43 GMTUK6
- Status changed to complete12 Jan 2026, 13:43 GMT
- Contract signature expected31 Jan 2026, 23:59 GMTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| BarclaysProvision of Banking Services1 Mar 2026 – 1 Mar 2029 · up to 1 Mar 2032Extensions: The extension is broken into the option to extend by three twelve month periods as per the initial ITT. | £600,000 inc. VAT | 12 Jan 2026standstill to 21 Jan 2026 | Standstill |
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 5final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Barclays PLCAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedTender pack and attachments
Notices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender