Find a TenderAwarded

Published 17 Aug 2023, 10:36 BST

Official UK procurement notice

Early Payment Discount Scheme

Official notice

Authority: Sheffield City Council (Local council)

ServicesRestricted procedure

Sectors: Financial and insurance services (66) Delivery: Yorkshire & Humber (UKE32)

Awarded value£1,127,000published contract · exc. VAT

Awarded 17 Aug 2023

Awarded to Oxygen Finance

What is being bought

Published requirement description

3rd party support for the delivery of our supplier early payment discount scheme.

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published

Lot #13rd party support for the delivery of our supplier early payment discount schemeAwarded

3rd party support for the delivery of our supplier early payment discount scheme. Additional information: Contract award via a framework with only 1 supplier

Delivery: Yorkshire & Humber

66000000 Financial and insurance services

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: 40%Price: 60%

Published award criteria (2)

Quality: 40
Price: 60

What this means for your bid

Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.

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

Procedure terms & legal framework

From the official record

Procedure method: Restricted 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: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 17 Aug 2023, 10:36 BST
Last source update: 17 Aug 2023, 10:36 BST
FTS notice number: 2023/S 000-024126
Classification (CPV): Financial and insurance services
Delivery area: Yorkshire & Humber (UKE32)
Official registry OCID: ocds-h6vhtk-03f088 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,127,0001 contract exc. VAT

Bids received 1

Contracts signed 1latest 17 Aug 2023

Awarded to	Value	Date	Status
Oxygen FinanceSME	£1,127,000 †	—	Awarded

Contracts

Early Payment Discount Scheme · Oxygen FinanceSME
Signed
17 Aug 2023
Value
£1,127,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

Sheffield City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services (GB) 173 5488 38 Town Hall, Pinstone Street, , Sheffield, Yorkshire & Humber, S1 2HHContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice

Oxygen FinanceAwarded supplier Birmingham, UK

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.