TenderlineUK
Procurement Intelligence
Official OCDS
Find a Tender
complete
Official procurement procedure

Banking Services

Banking and investment services
Banking services
South East (UKJ11)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: University of Reading: "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 AuthorityUniversity of ReadingScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: University of Reading
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for University of Reading. 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
3.7Bids / Report
0% 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: 3 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 Unpublished data stays unknown.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 AuthorityUniversity of Reading
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
Published20 Jul 2022, 13:33 BST
Last source update20 Jul 2022, 13:33 BST
Recurring procurementNot published
ClassificationBanking and investment services, Banking services
Delivery area
South East (UKJ11)
OCIDocds-h6vhtk-02fe40
What is being bought
The University of Reading has a requirement for the provision of Corporate Banking services in relation to itself and its UK subsidiaries. The University requires a banking service which will include the provision and maintenance of up to 10 bank accounts and banking services associated with higher education banking arrangements, including an electronic banking platform for both domestic and international payment initiation and balance/transaction reporting.
What changed
From the official release history
  1. tender value changed
    20 Jul 2022, 13:33 BST
  2. Status changed to complete
    20 Jul 2022, 13:33 BST
  3. Official notice release published
    20 Jul 2022, 13:33 BST
  4. Submission deadline changed to published date
    20 Jul 2022, 13:33 BST
  5. Published value updated to £675,000
    7 Dec 2021, 16:35 GMT
  6. Status changed to active
    7 Dec 2021, 16:35 GMT
  7. Official notice release published
    7 Dec 2021, 16:35 GMT
  8. Submission deadline changed to 13 Jan 2022, 12:00 GMT
    7 Dec 2021, 16:35 GMT
  9. Buyer information updated
    7 Dec 2021, 16:35 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The University of Reading has a requirement for the provision of Corporate Banking services in relation to itself and its UK subsidiaries. The University requires a banking service which will include the provision and maintenance of up to 10 bank accounts and banking services associated with higher education banking arrangements, including an electronic banking platform for both domestic and international payment initiation and balance/transaction reporting.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    20 Jul 2022, 13:33 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 18 Jul 2022, 00:00 BST · £750,000
Commercial outcome and competition
Awards
Lloyds Bank PLC
Not published · Not published · active
Contracts
University of Reading Banking Services
£750,000 · signed 18 Jul 2022, 00:00 BST · active
Bid statistics
bids: 4 (lot 1)
electronicBids: 4 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 4 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

University of Reading

Contracting authority GB-FTS-21991
View buyer profile

  • University of Reading
    buyer

    Miller Building, Whiteknights, Reading, UKJ11, RG6 6AB
    s.morse@reading.ac.uk
    +44 1183788305

  • Lloyds Bank PLC
    supplier

    00002065
    25 Gresham Street, London, UK, EC2V 7HN
    kate.manku@lloydsbanking.com
    +44 7824498594

  • University of Reading
    reviewBody

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