Contracts FinderAwarded contract
Published 13 Mar 2023

Contracts Finder notice

Banking Services Tender

Authority: THE UNIVERSITY OF WESTMINSTER

Single tender action (below threshold)
CPV: Banking services (66110000)
Published contract value£40,000Exc. VAT
Contract ends 30 Nov 2027
Awarded to Lloyds Bank Plc
Contract starts 1 Dec 2023

What is being bought

Published requirement description

The University of Westminster wishes to appoint a supplier for UK money transmission banking services. The service required includes the maintenance of Sterling, EURO and US Dollar bank accounts, cash and cheque handling, BACS transaction processing and other money transmission services associated with University banking arrangements. An internet banking service will be required for balance and transaction reporting and payment initiation.

Additional information can be obtained from the university e-tendering portal, at procontract.due-north.com ↗.

Bidders will need to register for free on the portal by completing a simple registration, Once registered bidders can use the search function under "find opportunities" to find the tender.

Published procurement details

Procedure
Single tender action (below threshold)
Buyer reference
DN 660299
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
Yes
Suitable for voluntary, community and social enterprises
Yes
Published tender value
£50,000.00
Tender deadline
Published
Procurement method
Direct
Item 1: Delivery locations as published
London, United Kingdom

Key dates

Published dates
  1. Notice published
    13 Mar 2023
  2. Award decision
    17 Jul 2023
  3. Contract starts
    1 Dec 2023
  4. Contract ends
    30 Nov 2027

Contracting authority & participating public bodies

  • THE UNIVERSITY OF WESTMINSTERContracting authority 309 Regent Street, LONDON, W1B2UW, EnglandContact email, phone
    Identifier
    sid4gov.cabinetoffice.gov.uk/c6BP9ZFp · GB-SRS

Suppliers named on the notice

  • Lloyds Bank PlcSupplier 25 Gresham Street London EC2V 7HN
    Voluntary, community or social enterprise
    No
    Business size
    Large

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-63f97a59-36c0-49b9-a955-71a10e7564a3-2023-07-25T15:22:04+01:00
Published
13 Mar 2023
Latest update
25 Jul 2023
Procedure reference
ocds-b5fd17-63f97a59-36c0-49b9-a955-71a10e7564a3
Contract reference
ocds-b5fd17-63f97a59-36c0-49b9-a955-71a10e7564a3-1