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Published 27 Sept 2023, 16:32 BST

Official UK procurement notice

PURCH2285 Provision Of Framework Agreement For Banking Services

Official notice

Authority: University of Glasgow (Education)

Framework agreementServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: Scotland (UKM82)
Framework ceiling (notional)Value not publishedframework ceiling, not attributable revenue
Submissions closed 30 Oct 2023awarded 10 Jun 2024

What is being bought

Published requirement description

PURCH2285 Provision Of Framework Agreement For Banking Services

CPV: Banking services

How this framework works

From the published notice
Places
up to 1 suppliers · 4 bids received (4.0 per place) · 1 appointed (full)

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: Scotland
Extensions: Option To Extend For Two Periods Of 12 Months EachVariant bids: not allowed

What it takes to win
i

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 more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (8)
  • Provision of Core Banking/ Bank Account Operations: 15%
  • Payment Operations, Domestic and Abroad: 10%
  • Electronic Banking Services: 15%
  • Service Delivery: 15%
  • Complaints handling: 5%
  • Presentation/Interview: 5%
  • University Terms and Conditions: 5%
  • price: 30%
Published award criteria (8)
  • Provision of Core Banking/ Bank Account Operations: 15%
  • Payment Operations, Domestic and Abroad: 10%
  • Electronic Banking Services: 15%
  • Service Delivery: 15%
  • Complaints handling: 5%
  • Presentation/Interview: 5%
  • University Terms and Conditions: 5%
  • Price: 30%
Conditions of participation2
  • Suitability

    Refer to tender documents

  • Condition of participation
    no text published
    Minimum: -Public liability insurance with a limit of indemnity of not less than five million pounds sterling (5,000,000 GBP) in relation to any one claim or series of claims; -Employer's liability insurance with a limit of indemnity of not less than five million pounds sterling (5,000,000…
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
  • “PURCH2285 Provision Of Framework Agreement For Banking Services” is a framework: the contest is a place on its panel, up to 1 suppliers, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
27 Sept 2023, 16:32 BST
Last source update
10 Jul 2024, 16:49 BST
Award evaluation window
30 Oct 2023 – …
Authority reference
PURCH2285
FTS notice number
2024/S 000-021152
Classification (CPV)
Banking services
Delivery area
Scotland (UKM82)
Official registry OCID
ocds-h6vhtk-04044a Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Performance terms

Refer to tender documents

Publisher note: (SC Ref:771726)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Appointment period ends
30 Oct 2023, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
30 Oct 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

www.publiccontractsscotland.gov.uk ↗

Timeline

30 Oct 2023 → 10 Jul 2024 · 3 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    30 Oct 2023, 12:00 GMT
  2. Bids opened
    30 Oct 2023, 12:00 GMT
  3. Notice published
    10 Jul 2024, 16:49 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    10 Jul 2024, 16:49 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Bids received 4
Contracts signed 1latest 10 Jun 2024

1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

  • Contract 021152-2024-PURCH2285-1

    Signed
    10 Jun 2024
    Value
    £193,700
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic · 4 from abroad0——

Contracting authority & participating public bodies

University of Glasgow

Contracting authorityEducationBody governed by public lawEducation Procurement Office, Tay House, Glasgow, Scotland, G12 8QQContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Glasgow Sheriff Court & Justice of the Peace CourtReview body Glasgow

Framework contractors & participating bidders

1 commercial party on the notice
  • Lloyds Banking GroupFramework contractor 10 Gresham Street, London, UK, EC2V 7HNContact email, phone

Official documents & specifications (1)

Official links; attachments are not copied

Tender pack and attachments

  • Technical selection criteriatenderTechnical selection criteria