TenderlineUK
Procurement Intelligence
Search
Find a TenderClosed
Published 27 Apr 2023, 15:49 BST

Official UK procurement notice

Third Party Fund Management

Official notice

Authority: Foreign, Commonwealth and Development Office (Central government)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: UK
Published estimate£100,000≈ £25k / year
Submissions closed 30 May 2023
Contract term 4 yrsends 30 Jul 2027 · starts 1 Aug 2023

What is being bought

Published requirement description

We require the facility of a banking agent who can receive TPM funds into named project accounts and when required disburse those funds as agreed by FCDO and their partners.

The aim of the contract is to provide those banking services to FCDO and their partners and will allow for the secure collection, holding and disbursement of project funds.

CPV: Banking services

The lotProcurement structure

single lot · value published
Lot #1 4 yrsPublished value£100,000
Contract period: 1 Aug 2023 – 30 Jul 2027 (4 yrs)
Delivery: UK
Variant bids: not allowed

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/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
Yes (GPA)
Recurring procurement
Yes
First published
27 Apr 2023, 15:49 BST
Last source update
27 Apr 2023, 15:49 BST
Award evaluation window
30 May 2023 – …
FTS notice number
2023/S 000-012170
Classification (CPV)
Banking services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03c4ce Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
30 May 2023
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
30 May 2023, 17:00 BST
Detailed submission instructions & authority contactsFrom official release

fcdo.bravosolution.co.uk/web/login.html ↗

Timeline

27 Apr 2023 → 1 Aug 2023 · 4 dates
  1. Notice published
    27 Apr 2023, 15:49 BST
  2. Submission deadline
    30 May 2023
  3. Bids opened
    30 May 2023, 17:00 BST
  4. Contract starts
    1 Aug 2023, 00:00 BST

Contracting authority & participating public bodies

Foreign Commonwealth and Development Office

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services King Charles Street, London, UK, SW1A 2AHContact email Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.